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Official account of the Economic Advisory Council to the Prime Minister of India. RTs ≠ endorsements.

New Delhi, India
Joined January 2018
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Hon'ble chairman @MahendraDevS delivered inaugural address at Nalanda University’s 25th IASSI Conference on "Social Science Teaching, Research & Inter-disciplinary Approach". Today’s Nalanda follows its ancient interdisciplinary path.
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Member Dr. @ShamikaRavi delivered the Prof. Chandan Sengupta Memorial Lecture at The School of Development Studies, TISS Mumbai, on Oct 28, 2026. Dr. Ravi highlighted sharp decline in poverty in India & progress enabled by precision in policy making.
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Absence of global and national AI regulatory legal framework has posed serious challenges. EAC-PM’s Mishra & Sharma highlight the need for all organisations and businesses to develop organizational protocol for AI adoption.
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Member @sanjeevsanyal writes on remarkable reforms in defence production. Corporatisation has changed how India makes its weapons since the sector was opened up in 2021. Continued competition along with a healthy ecosystem will be needed for the long road ahead.
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New paper “The Ghost of Population Past: How Population Control Persists in India” by @sanjeevsanyal @AakankshaArora5 & Virat Singh,argues that with a total fertility rate of 1.9, India is below replacement fertility.Yet, population control remains embedded in government policies
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The good news is that some states have begun to change. Andhra Pradesh, for instance, has not budgeted any incentives for sterilisations in 2026-27, and scrapped its decades old law barring individuals with more than two children from contesting local elections. (7/8)
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The paper argues that it is time to roll back these policies, as population control is no longer relevant as an objective of state policy. The family planning policies need to reflect the new demographic reality. (8/8)
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Mining is a long-term, capital-intensive, & labour-intensive activity. For such an industry, certainty in the fiscal environment is vital prerequisite. Hon'ble chairman @MahendraDevS writes on how a simpler mining tax model can mean more revenue for states indianexpress.com/article/op…
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Hon'ble Chairman @MahendraDevS delivered the inaugural address at the international conference on “Punjab and Keralam and the World Economy.” He focused on Growth & structural change; Inclusive growth; Fiscal issues; Global linkages – remittances & migration & the way forward.
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The most powerful thing a state can do for price stability and for citizens most exposed to inflation, is to remain solvent. And to be seen to remain so. Member @ShamikaRavi writes. economictimes.indiatimes.com…
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Hon'ble Chairman @MahendraDevS and JS, K K Tripathy write on enabling local producers to capture value by connecting co-operatives, FPOs & SHGs with finance, skills & Infrastructure
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New EACPM working paper on "An Investigation Into Corporate Profits and Investment" by Hon'ble Chairman @MahendraDevS, Dr. Sri Vatsa Sehra, Jt. Director, Dr. KK Tripathy, JS, Kamil KPS Bhullar, PS to Chairman. Full report available here eacpm.gov.in/wp-content/uplo…
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New working paper on corporate profit and investment in India from Fy 2008-09 to Fy 2023-24. Examines the gap between profit and investment. There is a perception that market is concentrate among few. It was more in 2019-20.
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But this concentration disappeared during the pandemic & in post-pandemic period. There is no evidence that market concentration is important reason for divergence between profitability and investment. Based on the findings this paper recommends for increase in investment
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