PM Modi’s Economic Advisory council to hold first meeting today: Important highlights

Newly –constituted Economic Advisory Council will hold its meeting first today at NITI Aayog


According to reports, the first meeting of the newly constituted Economic Advisory Council to PM Modi will hold its first meeting today at NITI Aayog. Notably, the council was set up with the Prime Minister’s approval on September 26, 2017. It is chaired by Dr.Bibey Debroy. Principal Advisor of NITI Aayog Ratan P. will be the council’s member secretary and Dr. Ashima Goyal are its part- time members.

Prime Minister Narendra Modi

Related : PM Narendra Modi to hold NITI Aayog meeting today

Notably, with the constitution of the council, the government has set up a unique independent institutional mechanism. This has been set up to so that all the critical issues can be analyzed. Members of the council will also be expected to address issues of macro- economic importance and express their views.

Interestingly, the council held a brainstorming session with stakeholders on October 9 at the NITI Aayog in the run-up to the first meeting of the council. According to reports, the council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly.

Meanwhile, the NITI Aayog is working on a Digital Transformation Index for Start –ups in the country. Digital Transformation Index is a tool used for gauging how well helps an organization grow and thrive in the digital world.

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