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Economist Surjit Bhalla resigns from Economic Advisory Council to PM

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Economist Surjit Bhalla on Tuesday announced that he resigned as a part-time member of EAC-PM (Economic Advisory Council to the Prime Minister) earlier this month.

“I resigned as part-time member PMEAC on December 1st,” Bhalla informed on Twitter.

ALSO READ: Urjit Patel’s resignation ‘severe blow to nation’s economy’, says Manmohan Singh

The role of the EAC-PM is to “analyse issues, economic or otherwise, referred to it by the Prime Minister and advising him thereon,” according to the information on its website.

It also addresses issues of macroeconomic importance and present views thereon to the Prime Minister. “This could be either suo-motu or on reference from the Prime Minister or anyone else,” states its official website.

ALSO READ: RBI Governor Urjit Patel resigns citing ‘personal reasons’

The economic body is headed by Dr. Bibek Debroy, who also a member of the NITI Aayog.

The news of Bhalla’s resignation came a day after Urjit Patel stepped down as the governor of the RBI.

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