Current Affairs 2018 Current Affairs 2018

The 4th meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) Economic Advisory Councilwas held in New Delhi under the chairmanship of Dr BibekDebroy, Chairman, EAC-PM & Member, NITI Aayog. Economic Advisory Council is likely to identify sectors in the economy that need effective policy intervention advice.

The Economic Advisory Council to the Prime Minister focussed mainly  on the issues to accelerate economic growth and employment.

Economic Advisory Council is likely to identify sectors in the economy that need effective policy intervention advice.

A framework on how to engage with key stakeholders, institutions and growth drivers is likely to be formulated at the meeting.

Prime Minister’s Economic Advisory Council (PMEAC): 

PMEAC or Prime Minister’s Economic Advisory Council is a a non-constitutional,non-statutory, non-permanent and independent body, constituted with the prime and sole aim to analyse all critical issues, economic etc.

Key Points:

  1. The 4th meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) was held in New Delhi under the chairmanship of Dr BibekDebroy, Chairman, EAC-PM & Member, NITI Aayog.EAC-PM or The Economic Advisory Council to the Prime Minister discussed the possible modalities of implementing National Health Scheme announced by the government in Union Budget-2018-19.
  2. National Health Protection Scheme:
    National health insurance (NHI) – sometimes called statutory health insurance (SHI) – is a system of health insurance that insures a national population against the costs of health care.
  3. National health insurance (NHI)will be world’s largest government-funded healthcare programme will be administered by the public sector, the private sector, or a combination of both.National Health Protection Scheme (Ayushman Bharat Scheme) will cover 10 crore poor and vulnerable families.
  4. Functions of PMEAC or Prime Minister’s Economic Advisory Council  : It advises the Prime Minister on a whole host of economic issues like inflation, micro finance, industrial output, etc.The Council  Analyzes  macroeconomic issues having high importance and present the views to PM and any other task which is assigned by Prime Minister.

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