The other current members are Rathin Roy of National Institute of Public Finance and Policy and Ashima Goyal of Indira Gandhi Institute of Development Research
In a research paper, Subramanian has said that India's real GDP growth was more likely to have been 3.5-5.5 per cent in 2011-2016
As economic growth takes time to recover particularly affecting the lower strata of society, the Economic Advisory Council to the Prime Minister headed by noted economist Bibek Debroy has supported incentivizing states for achieving results in sectors like health and education.According to an official statement, the EAC-PM, at its second meeting held today also underlined the need for infrastructure financing to be accorded high priority, with new mechanisms for a risk coverage umbrella.It took stock of the prevailing economic situation and spelt out "a clear road map" for stepping up skill development, job creation and enhanced resource investment in the social sector - including for health and education and boosting infrastructure financing."It formulated far-reaching recommendations to guide the evolving framework for the Fifteenth Finance Commission, including the incentivisation of states for achieving health, education and social inclusion outcomes," the statement added.The ...
At its first meeting, EAC-PM chose 10 themes on which it could provide implementable recommendations to PM