PMEAC chairman Rangarajan likely to resign tomorrow

Chairman of PM's economic advisory council C Rangarajan will hand over his resignation to Prime Minister Manmohan Singh on Monday.

"I will meet the Prime Minister on Monday. I need to talk to him once then only (I will resign)," Rangarajan told PTI over the phone.

The present Prime Minister's Economic Advisory Council headed by Rangarajan, has Saumitra Chaudhuri, V S Vyas, Pulin B Nayak and Dilip M Nachane as its members. Chaudhuri is also one of the members of the Planning Commission.

All the PMEAC members are likely to submit their resignations shortly as their term in co-terminus with that of the Prime Minister.

Rangarajan has been the Chairman of PMEAC since 2005. He is a well known economist and a former Member of Parliament. He has also served at the Reserve Bank as its governor from 1992-97.

PMEAC has the main task of inculcating awareness in the government on different point of views on key economic issues.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Child abuse needs to be tackled with the seriousness it deserves

    The Bangalore rape case has again brought into focus an issue we Indians forever shy away from facing up to — child sexual abuse.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: THE BASE RATE BIAS

Base rate fallacy, also called base rate neglect or base ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture