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Bibek Debroy-led EAC-PM to meet for first time today amid economic concerns

The maiden meeting of the council, coming a day after IMF scaled down its FY18 growth forecast for India, is significant

Bibek Debroy
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Bibek Debroy

BS Web Team New Delhi
The Economic Advisory Council to the Prime Minister (EAC-PM) set up by the Narendra Modi government recently will hold its first meeting at the NITI Aayog on Wednesday.

The economic advisory council, headed by Bibek Debroy and comprising reputed economists and experts, is making a comeback after over three years with a changed name. In its earlier avatar, the council was known as the PM’s Economic Advisory Council, or PMEAC. The Modi government decided to set up the panel to propel the economy, as various parameters are showing signs of weakness amid a resource crunch.

Debroy had on Tuesday said