Description

Sanjeev Sanyal, a well-known economist and historian, has been appointed as a full-time member of the Prime Minister's Economic Advisory Council. On February 22, 2022, the panel's Chairman, Bibek Debroy, revealed the announcement. Sanjeev Sanyal will hold the role for a two-year term. Bibek Debroy welcomed Sanjeev Sanyal as a full-time member of the EAC-PM, an independent body established by the Government of India, in a tweet. It advises the country's Prime Minister on economic and other relevant problems.

Sanjeev Sanyal, who is he?

1. Since February 2017, Sanjeev Sanyal has served as the Finance Ministry's Principal Economic Adviser.

2. Sanyal has worked in financial markets since the 1990s, and his appointment to the Prime Minister's Economic Advisory Council is likely to benefit the top advisory body.

3. Sanjeev Sanyal is also well-known for his job as Deutsche Bank's global strategy and Managing Director.

4. In 2007, Sanyal received the Eisenhower Fellowship for his work on urban challenges. At the World Cities Summit 2014, he was also honoured by the Singapore government.

5. He is a Fellow of the Royal Geographical Society in London, an Adjunct Fellow at the Singapore Institute of Policy Studies, a Visiting Scholar at Oxford University, and a Senior Fellow of the World Wide Fund for Nature (formerly known as World Wildlife Fund).

Qualification in Education

Sanjeev Sanyal was a Rhodes Scholar at Shri Ram College of Commerce in Delhi and St. John's College in Oxford.

He is the author of many publications, including "The Indian Renaissance: India's Rise after a Thousand Years of Decline," "Land of the Seven Rivers, A Brief History of India's Geography," and "The Incredible History of India's Geography."

What is the Economic Advisory Council to the Prime Minister?

The Economic Advisory Council to the Prime Minister is a non-permanent, non-constitutional, and independent organisation formed to provide economic advice to the Government of India, specifically the Prime Minister.

The EAC's role is to provide an unbiased perspective on the country's important economic challenges to the Government of India. The Prime Minister is advised by the council on economic matters such as microfinance, inflation, and industrial production.

Since India's independence, the Economic Advisory Council to the Prime Minister has been formed multiple times. Prime Minister Modi reactivated the council on September 25, 2017, and Bibek Debroy now serves as Chairman.

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