NEW DELHI, Sept 25 - Prime Minister Narendra Modi today constituted a five-member Economic Advisory Council (EAC) which will analyse economic and other issues, an official announcement here said.
Headed by NITI Aayog member Bibek Debroy, the EAC includes NITI Aayog�s Principal Advisor Ratan Watal as its member and economists Surjit Bhalla, Rathin Roy and Ashima Goyal as part-time members.
�The five-member council consists of economists of high repute and eminence,� said an official statement.
Terms of reference of the EAC would be to �analyse any issue, economic or otherwise, referred to it by the Prime Minister and advising him thereon,� the statement said.
The EAC will also �address issues of macroeconomic importance� and present its views to the Prime Minister. �This could be either suo motu or on reference from the Prime Minister or anyone else,� it said. � PTI