PM's Economic Advisory Council to hold first meeting at NITI Aayog today

Agencies
October 11, 2017

New Delhi, Oct 11: The first meeting of the newly-constituted Economic Advisory Council to Prime Minister Narendra Modi (EAC-PM) will be held today at the NITI Aayog.

The council, set up with the Prime Minister's approval on September 26, 2017 and comprising reputed economists and experts, will be chaired by Dr. Bibey Debroy. Principal Adviser of NITI Aayog Ratan P. Watal will be the council'a member secretary and Dr. Surjit Bhalla, Dr. Rathin Roy and Dr. Ashima Goyal its part-time members.

With the constitution of the Council, the government has set up a unique independent institutional mechanism. This is mandated to analyse all critical issues, economic or otherwise referred to it by the Prime Minister and to advise him on the same. Members of the Council will also be expected to address issues of macro-economic importance and express their views.

The Council held a brainstorming session with stakeholders on October 9 at the NITI Aayog in the run-up to the first meeting of the Council.  The Council will address all issues of emergent importance, will engage with a broad spectrum of stakeholders and formulate advice accordingly.

In another development, former RBI Governor C Rangarajan said that he expected the economy to grow at 6.5 per cent for the year 2017-18. He also said that job opportunities and economic growth of the country were inter-related.

"Jobs (jobs creation) are not independent. They are related to growth. When the economy grows, jobs also grow. So you cannot talk of jobs separately from growth", the former chairman of the Prime Minister's Economic Advisory Council said.

"I think the possibility is that growth will pick up in the next few quarters but one doesn't know by how much. Perhaps by the year as a whole my own estimation is the economy may grow at 6.5 per cent", the former RBI Governor noted.

NITI AAYOG WORKING ON DIGITAL TRANSFORMATION INDEX

Meanwhile, the NITI Aayhog is working on a Digital Transformation Index for start-ups in the country.

"NITI Aayog is working on a Digital Transformation Index for start-ups", its Officer on Special Duty Aalekh Sharan said,

Digital Transformation Index (DTI) is a tool used for gauging how well one helps an organisation grow and thrive in a digital world.

Steps such as measuring the spirit of cooperation and competitiveness among states and ensuring best practices are shared and replicated are being taken, he said, adding that many top innovators are engaged with multinational companies abroad.

"The challenge is to bring them back home and inspire them to contribute towards innovation in India. This is something which will create more jobs, he said at an event organised by the CII in association with USPTO-GIPA in Kolkata on Tuesday.

Sharan also underscored the need for stronger industry-academia linkages for creating a strong eco-system of innovation.

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News Network
November 22,2025

Mangaluru: Police Commissioner Sudheer Kumar Reddy C H has warned of strict action against individuals spreading rumours and attempting to create insecurity within the Muslim community and fuel hatred between Hindus and Muslims through social media.

Referring to a recent social media post alleging that police personnel had entered a masjid premises to check whether beef was being cooked, the commissioner said miscreants were attempting to push their communal agenda. 

“A group of people, both from Mangaluru and abroad, are trying hard to spread rumours. For the past 10 days, they have been attempting to rake up old issues, highlight routine matters as controversies, or fabricate news altogether,” he said.

He reiterated that any such attempts to disturb communal harmony would invite legal action. “Cases will be registered and the accused will be brought to book,” he stated.

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News Network
December 4,2025

Mangaluru: Chaos erupted at Mangaluru International Airport (MIA) after IndiGo flight 6E 5150, bound for Mumbai, was repeatedly delayed and ultimately cancelled, leaving around 100 passengers stranded overnight. The incident highlights the ongoing country-wide operational disruptions affecting the airline, largely due to the implementation of new Flight Duty Time Limitations (FDTL) norms for crew.

The flight was initially scheduled for 9:25 PM on Tuesday but was first postponed to 11:40 PM, then midnight, before being cancelled around 3:00 AM. Passengers expressed frustration over last-minute communication and the lack of clarity, with elderly and ailing travellers particularly affected. “Though the airline arranged food, there was no proper communication, leaving us confused,” said one family member.

An IndiGo executive at MIA cited the FDTL rules, designed to prevent pilot fatigue by limiting crew working hours, as the cause of the cancellation. While alternative arrangements, including hotel stays, were offered, about 100 passengers chose to remain at the airport, creating tension. A replacement flight was arranged but also faced delays due to the same constraints, finally departing for Mumbai around 1:45 PM on Wednesday. Passengers either flew, requested refunds, or postponed their travel.

The Mangaluru delay is part of a broader crisis for IndiGo. The airline has been forced to make “calibrated schedule adjustments”—a euphemism for widespread cancellations and delays—after stricter FDTL norms came into effect on November 1.

While an IndiGo spokesperson acknowledged unavoidable flight disruptions due to technology issues, operational requirements, and the updated crew rostering rules, the DGCA has intervened, summoning senior airline officials to explain the chaos and outline corrective measures.

The ripple effect has been felt across the country, with major hubs like Bengaluru and Mumbai reporting numerous cancellations. The Mangaluru incident underscores the systemic operational strain currently confronting India’s largest carrier, leaving passengers nationwide grappling with uncertainty and delays.

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News Network
November 24,2025

Mangaluru, Nov 24: The original departure time of 11.10 pm was a distant memory for scores of Dammam-bound passengers at Mangaluru International Airport last Friday night, as their Air India Express flight was abruptly cancelled at the eleventh hour, sparking hours of frustration and chaos.

The flight, IX 885, initially scheduled to depart at 11.10 pm on November 22, was subject to two back-to-back reschedules—first pushed to 11.45 pm and then significantly postponed to 1.40 am—before the final, crushing announcement of cancellation was made. For the travellers, many of whom are likely expatriate workers with tight schedules, the last-minute change marked the beginning of a distressing ordeal.

"There was no drinking water, no food, and absolutely no proper guidance. We were left stranded like refugees," complained a stranded passenger.

According to multiple passenger accounts, the airline's ground staff failed to provide adequate support or essential amenities following the cancellation. Complaints poured in about the total absence of drinking water, food provisions, and any reliable guidance from the carrier's representatives. Travellers alleged they were left stranded for a considerable period, with no immediate arrangements or clear communication offered regarding accommodation or alternative travel to send them back home.

The incident has highlighted serious concerns over the carrier's contingency planning and customer service protocols during flight disruptions at one of India's key international gateways. The airline is yet to issue a comprehensive statement addressing the alleged lapse in passenger care.
 

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