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NITI Aayog vice chairman Suman Bery has been given additional charge as the chairman of the Economic Advisory Council to the Prime Minister (EAC-PM) about a month ago, a senior government official said on Monday. He replaced Bibek Debroy, who died on November 1. Debroy, a key economic adviser to the prime minister whose prolific work included those related to economic theory, income inequality, and infrastructure financing, was admitted to the AIIMS on October 31. "Bery has been given additional charge of EAC-PM as its chairman about a month ago," the official told PTI. EAC-PM is an independent body constituted to give advice on economic and related issues to the Government of India, specifically to the prime minister. At present, the composition of EAC-PM is: Sanjeev Sanyal (member), Shamika Ravi (member), Rakesh Mohan (part-time member), Sajjid Chinoy (part-time member), Neelkanth Mishra (part-time member), Nilesh Shah (part-time member), T T Ram Mohan (part-time member) and .
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 ...