Prof Gourav Vallabh appointed to PM’s Economic Advisory Council

Prof Gourav Vallabh has been appointed as a member of the Economic Advisory Council to the Prime Minister (EAC-PM), an independent body that advises the Prime Minister on a range of economic and policy matters.

The EAC-PM, currently chaired by noted economist S Mahendra Dev, provides analytical support and policy recommendations on issues such as macroeconomic stability, growth strategy, employment, inflation, and public finance. The council also prepares periodic reports and economic reviews to assist the government in evidence-based decision-making.

Prof Vallabh brings to the role a strong academic and research background in economics and finance. He has served as a professor at several premier management institutions including the Indian Institutes of Management, and has authored over 100 research papers in reputed national and international journals. His areas of expertise span macroeconomics, financial markets, public policy, and development economics.

In addition to his academic credentials, Vallabh has been an active voice in the Indian public sphere, writing opinion pieces in leading national newspapers and speaking at global economic forums.

His appointment comes as part of a broader effort to strengthen the EAC-PM with a mix of academic, institutional, and practical expertise. The reconstituted council includes prominent economists and policy experts such as Soumya Kanti Ghosh (Group Chief Economic Adviser, SBI), Prof Pami Dua (former Dean, Delhi School of Economics), Prof Pulak Ghosh (IIM Bangalore), and Prof Chetan Ghate (Indian Statistical Institute).

Prof Vallabh’s appointment is expected to contribute to the Council’s mandate of offering well-researched and non-partisan economic guidance to the Prime Minister and the Government of India. His role will include input on economic strategy, fiscal and monetary policy, employment trends, and structural reforms.

The appointment is effective immediately.