EAC-PM

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

[EAC-PM @EACtoPM]

India is reimagining its massive 400-billion-tonne coal reserves for a net-zero future. Moving away from the traditional ‘extract-and-burn’ approach, the National Coal Gasification Mission is establishing a sustainable, zero-waste circular economy. @MahendraDevS writes @livemint

[EAC-PM @EACtoPM]

What should the delimitation agenda look like? Put the new seats where they will actually raise turnout. The “size penalty” has vanished - but only on an average. The biggest gains are in the band of urbanization.
Member @ShamikaRavi writes

[EAC-PM @EACtoPM]

The world has quietly abandoned free-market orthodoxy. The Washington Consensus is dead. India helped prove it wrong. Now it must prove itself right. Member @ShamikaRavi writes " When State returns to the policy centrestage"

[EAC-PM @EACtoPM]

The result of these process reforms is that the number of approvals has gone up by 10 times and the backlog is being cleared rapidly. This paper is a part of an attempt to document how such process reforms are implemented so that they can be replicated across sectors.

[EAC-PM @EACtoPM]

New EAC-PM Working Paper “How to do Process Reforms: Case study of IEPFA” by @sanjeevsanyal , Member, EAC-PM and @AakankshaArora5, Director, EAC-PM. The paper lays out how Investor Education and Protection Fund Authority (IEPFA) was overhauled step by step over the last 1 year

[EAC-PM @EACtoPM]

IEPFA was set up in 2016 to administer the Investor Education and Protection Fund (IEPF) where unclaimed corporate shares and their related dividends are accumulated.

[EAC-PM @EACtoPM]

Together, these measures can transform care from an undervalued sector into a formalised economy that generates employment, supports women’s economic participation, and meets growing care needs.

[EAC-PM @EACtoPM]

India’s care economy is large, invisible & underinvested. It is one of the largest untapped economic opportunities. Latest Working Paper by Dr. @shamikaravi, @mitalinikore, @hazbhabesh & @psindhuja_ urges a re-imagination-care must be treated as social & economic infrastructure

[EAC-PM @EACtoPM]

Regulations - establishing quality assurance standards to ensure consistent service delivery across public, private, and NGO providers.

[EAC-PM @EACtoPM]

The analysis also finds that priority sector lending certificates (PSLCs),an instrument introduced by the RBI in FY 2016-17, provided flexibility to banks in meeting priority sector obligations without significantly altering regional distribution of PSAs or their impact on growth

[EAC-PM @EACtoPM]

Hon’ble Chairman, Prof @MahendraDevS , Joint Director, Dr Sri Vatsa Sehra, Joint Secretary, Dr KK Tripathy and Deputy Director, Shri Kamil KPS Bhullar of EAC-PM illustrate in their latest working paper the distribution and economic impact of priority sector lending in India.

[EAC-PM @EACtoPM]

Increasing allocation of PSAs to presently underserved districts using a top-down bank mandate is likely to be inefficient.Instead,targeted interventions that holistically tackle all binding development constraints are required to maximise the effectiveness of credit disbursement