The five-member body, to be headed by Niti Aayog member Bibek | MPSC-ENG

The five-member body, to be headed by Niti Aayog member Bibek Debroy, will advise the Prime Minister on issues of macro-economic importance.

With the economy hitting a rough patch in recent months, Prime Minister Narendra Modi has decided to reconstitute the Economic Advisory Council to the Prime Minister that had been rendered defunct after the previous UPA government demitted office in May 2014.

Niti Aayog member Bibek Debroy has been picked as the chairman of the Council, which will also include Aayog’s principal advisor and former Finance Secretary Ratan Watal as its member-secretary