Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), on Tuesday proposed a forum along the lines of the Goods and Services Tax (GST) Council to initiate expenditure reforms at all levels – Union, states and local bodies.
On a day when India’s wholesale inflation hit a 12-year high, he said the revival of economic growth was a much bigger issue than the rate of price rise.
“In consultation with the states, I think it is high time that, just like the GST Council, we have some forum to have discussions on expenditure,” Debroy said while