Well-known economist and NITI Aayog member Bibek Debroy is being considered for the post of economic advisor to the Prime Minister as he is expected to play a bigger role in the government.
Debroy, who played a key role in bringing about a transformational change in the Indian Railways during his stint as member of the Aayog, is expected to take on a responsibility on lines of the erstwhile chairman of the Prime Minister's Economic Advisory Council (PMEAC). The previous PMEAC was headed by former RBI governor C Rangarajan, before it was wound up after the National Democratic Alliance government took charge.
Government officials hinted that shifting Debroy to the new position was in the offing, but did not say when the actual shift would take place.
It was based on the Debroy Committee’s recommendations that the central government merged the Railway budget with the general budget and is proposing to change the fiscal year to January-December.
Educated at Presidency College (Calcutta), Delhi School of Economics and Trinity College (Cambridge), Debroy began his career as a teacher at his alma mater, the Presidency College, and later at Gokhale Institute of Politics and Economics (Pune), Indian Institute of Foreign Trade (Delhi), and National Council of Applied Economic Research (Delhi).
He has served as a consultant to the Department of Economic Affairs under the Finance Ministry.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.