PM Narendra Modi reconstituted the Economic Advisory Council (EAC) to guide him on economic issues and appointed economist Bibek Debroy as its chairman. Debroy is a member of government think tank Niti Aayog.
The council has been defunct since former RBI governor C Rangarajan resigned as its chairman. The four other part-time EAC members are Surjit Bhalla, Rathin Roy, Ashima Goyal and Ratan Watal.
Important Takeaways from Above News-
- Rajiv Kumar is the Present Vice-Chairman of NITI Ayog.
- NITI stands for National Institution for Transforming India.
Source- The Economic Times