Economic Advisory Council

 
Economic Advisory Council to PM:
  • The EAC-PM is an independent body which provides advice on economic issues to the government, specifically to the Prime Minister.
  • It consists of economists of high repute and eminence.
  • It is a non-constitutional and non-statutory, non-permanent and independent body
 
Terms of reference of EAC
  • EAC will analyse any issue, economic or otherwise, referred to it by prime minister and advising him thereon.
  • It will also address issues of macroeconomic importance and present its views to the prime minister.
  • It advise can be either suo-motu or on reference from prime minister or anyone else.
  • It can also attend any other task as may be desired by prime minister from time to time.