LATEST from ForumIAS
- 17 May | Exam Day Strategy for UPSC Prelims 2026 Click Here →
- 17 May | ABC of Indian Sociology Series | 'H' = HAROLD COULD | Sociology Optional Simplified. Click Here to watch Smriti Mam explain the concept in simple terms →
- 15 May | If You Are Giving Prelims 2026, Watch This Before Entering the Exam Hall Click Here to listen to Ayush Sir's advice →
News:Government of India has reconstituted the Economic Advisory to the Prime Minister.It has added three more part-time members to the advisory bodies council.
Facts:
About EAC-PM:
- Economic Advisory Council to the Prime Minister(EAC-PM) is a non-constitutional, non-permanent and independent body constituted to give economic advice to the Government of India, specifically the Prime Minister.
Terms of reference:
- Analyzing any issue, economic or otherwise, referred to it by the Prime Minister and advising the PM.
- Addressing issues of macroeconomic importance and presenting views thereon to the Prime Minister.This could be either suo-moto or on a reference from the Prime Minister.
Members:
- The PMEAC is chaired by a Chairperson and consists of eminent economists as members.
- It is supported in its functions by a team of officials and administrators. There is no fixed definition on the exact number of members and staff of the PMEAC.
