Sanjeev Sanyal to be a full-time member of Economic Advisory Council to PM

Economist and historian Sanjeev Sanyal has been inducted as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM). His addition to the EAC-PM is expected to aid the top advisory body.

Sanyal is widely known for his role as the global strategist and managing director at Deutsche Bank. He joined the Finance Ministry in February 2017 and is currently serving as the principal economic adviser.

Notably, the EAC-PM, which is an independent body constituted by the central government, advises the prime minister on economic and related issues. Sanyal had also advised the ministry of finance to devise economic policies during the pandemic.

According to an official order by the cabinet secretariat, “In continuation of this Secretariat communication... regarding 'Re-constitution of the Economic Advisory Council to the Prime Minister (EAC-PM)', the Prime Minister has approved the appointment of...Sanjeev Sanyal, as a Full-Time Member in the Economic Advisory Council to the Prime Minister (EAC-PM), in the rank and pay of Secretary, on contract basis...” Panel’s Chairman Bibek Debroy announced the news by tweeting, “We welcome @sanjeevsanyal as a full-time Member of EAC-PM.”