EAC-PM gets 3 more part-time members

Less than a month after reconstituting the Economic Advisory Council to the Prime Minister (EAC-PM), the Centre has added three part-time members to the body — Nilesh Shah ( top), Neelkanth Mishra ( middle), and Anantha Nageswaran.

Mishra is the India Equity Strategist for Credit Suisse, Shah is the Managing Director of Kotak Mahindra Asset Management, and Nageswaran is the Dean of IFMR Graduate School of Business. Since they are parttime members, they may not have to take leave from their current posts.

The appointments were announced through a notification by the Cabinet Secretariat on Wednesday.

Late last month, the Centre had reconstituted the EAC-PM for another two years. Rathin Roy from the National Institute of Public Finance and Policy and Shamika Ravi of Brookings Institution were dropped as parttime members. Sajjid Chinoy, India economist at J P Morgan, was the new part-time member announced at that time.

Part-time member Ashima Goyal of Indira Gandhi Institute of Development Research and full-time members Bibek Debroy of the NITI Aayog and former finance secretary Ratan Watal continue to be part of the EAC-PM.

Debroy retains his role as chairman of the EAC-PM, while Watal will continue being the member secretary.

After the latest additions, the strength of the EAC-PM has gone up to seven, with two full-time members and five part-time members, from five full-and part-time members total in the body’s earlier term.