Eminent Economist Mahendra Dev Takes Helm at PM's Economic Advisory
Mahendra Dev, an accomplished economist with decades of expertise, assumes the role of EAC-PM Chairman, promising fresh insights.
In a move poised to bring new vigor to India’s economic strategy, S Mahendra Dev has assumed the role of Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM). Known for his deep expertise and significant contributions to development economics, Dev replaces Suman Bery, the Niti Aayog vice chairman who managed the council’s affairs temporarily.
A Renewed Focus
The EAC-PM has been without a full-time chairman since the passing of Bibek Debroy. Dev’s appointment comes at a crucial juncture, promising renewed focus and strategic insights as the council tackles economic challenges. As only the second full-time chairman in its history, Dev’s leadership is anticipated to make waves in how India approaches economic frameworks.
Contributions and Collaborations
Mahendra Dev’s illustrious career spans various prestigious roles. Before this appointment, he served as the Vice Chancellor at the Indira Gandhi Institute of Development Research and held the editor’s position at the prestigious Economic and Political Weekly. Adding to his extensive repertoire, he’s also been an independent director at Axis Bank, indicating his versatility and depth within the financial sector.
Academic Excellence
Dev’s academic journey is as impressive as his professional trajectory. Having completed his MPhil and PhD at the Delhi School of Economics and post-doctoral research at Yale University, USA, he brings with him a wealth of academic knowledge. Throughout his career, he has authored and edited 22 books and around 150 research publications that carve a niche in development economics, macroeconomic policies, and sectors concerning agriculture and rural economies. His findings and analyses have laid down the groundwork for numerous pivotal economic policies in the past.
A Stellar Team
Under Dev’s leadership, the EAC-PM is set to synergize with stalwart members like Sanjeev Sanyal, Sanjay Kumar Mishra, and Shamika Ravi. Joining them are newly appointed part-time members, including SBI’s Soumya Kanti Ghosh. The diverse council embodies a mix of insight and experience, setting the stage for crafting policies that are responsive to current challenges.
Looking Ahead
A catalyst for economic transformation, Dev’s approach promises to position India strategically in the global economic landscape. With a team of distinguished experts and a legacy of thought leadership, the EAC-PM, under Dev’s stewardship, is primed to usher in an era of sustainable and inclusive economic growth.
According to News9live, Dev’s influence is set to be transformative, steering India’s economy with sagacity and foresight.