Economist Surjit Bhalla Resigns From Economic Advisory Council to Prime Minister

The development came a day after Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his post.

New Delhi: Economist Surjit Bhalla resigned from the Economic Advisory Council to the Prime Minister (PMEAC or EAC-PM), a think tank-like body that advises the Prime Minister of India (PMO) on crucial economic issues.

The development came a day after Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his post. Patel quit as RBI governor months after differences between the government and the Patel-led RBI became public.

Reportedly, Bhalla had resigned from the economic council on December 1 itself.

Bhalla was a part-time member of the EAC-PM. The EAC- PM is headed by Niti Aayog member Bibek Debroy. Economists Rathin Roy, Ashima Goyal and Shamika Ravi are other part-time members

Bhalla is also a regular contributor (over 1,300 articles) to Indian newspapers, magazines, and television on financial markets, economics, politics and cricket. He is a contributing editor for Indian Express.

He holds a PhD in Economics from Princeton University, a Master in Public and International Affairs from Woodrow Wilson School, Princeton University, and a BSEE degree from Purdue University.