Prime Minister chairs meeting of the Economic Advisory Council to the Prime Minister
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500+ questions on Economy with explanations
๐ Summary:
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PM Narendra Modi chaired a meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) on 6 June 2026
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Deliberations covered India's economic transformation and long-term development priorities
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Discussions focused on adding momentum to the reforms journey and ensuring 'Ease of Living' as well as 'Ease of Doing Business'
๐ฏ UPSC Relevance: GS3 (Indian Economy โ growth, development & reforms) and GS2 (non-constitutional advisory bodies). EAC-PM is a recurrent Prelims body.
๐ Prelims Facts:
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EAC-PM is an independent, non-constitutional, non-statutory body that advises the Government (chiefly the PM) on economic and related matters
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It is provided administrative/logistical support through NITI Aayog; its members are eminent economists
๐ Key Term: Ease of Doing Business โ a measure of how business-friendly a country's regulatory environment is, used to attract investment and spur growth.
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