Dr V Anantha Nageswaran, Neelkanth Mishra, Nilesh Shah Become New PM Economic Advisory Council Members After RejigPrime Minister Narendra Modi (Representative Image) (PMIndia website)

The Narendra Modi led central government in a circular dated 16 October has appointed three new part-time members to the Economic Advisory Council to the Prime Minister (EAC-PM) namely - Neelkanth Mishra, Nilesh Shah and Dr V Anantha Nageswaran.

They will serve as non-permanent members of the EAC-PM for the next two years or until any specific orders.

Dr V Anantha Nageswaran currently serves as the Dean at the IFMR Graduate School of Business, Krea University. He is an influential commentator on economy.

Neelkanth Mishra is the co-head of Asia Pacific Strategy and India Equity Strategist for Credit Suisse. He was a part of the Advisory Council to the Fifteenth Finance Commission, and has been an adviser to committees on GST and FRBM.

Nilesh Shah is the Managing Director (MD) of Kotak Mahindra Asset Management Corporation. He has over 25 years of experience in capital markets.

This move comes a few weeks after a restructuring in the EAC-PM as per a notice dated 24 September.

Two existing part-time members of the council, Rathin Roy and Shamika Ravi’s tenure was not extended and Dr Sajjid Chinoy was announced as a new entrant to the council as a part-time Member.

Noted Economist Dr Bibek Debroy will continue as the Chairman of the council and Ratan P Watal has retained his position as the Member Secretary of the reconstituted EAC-PM.

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