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Esther Duflo, Raghuram Rajan, Arvind Subramanian in economic advisory council to Tamil Nadu CM -Janardhan Koushik

-The Inidan Express

A white paper detailing the true state of Tamil Nadu’s finances will be released in July, said Governor Banwarilal Purohit during the first session of the 16th state legislative assembly in Chennai.

Chennai: The Tamil Nadu government will form an economic advisory council comprising Nobel laureate Esther Duflo of the Massachusetts Institute of Technology (MIT), USA and former Reserve Bank of India governor Raghuram Rajan to advise the chief minister.

The other members of the council will be former chief economic advisor to the central government Arvind Subramanian, development economist Jean Dreze and former Union finance secretary S Narayan, Governor Banwarilal Purohit announced in his ceremonial address during the first session of the 16th state legislative assembly in Chennai on Monday.

“Based on the recommendation of the council, the government will revitalise the state’s economy and ensure that benefits of economic growth reach all segments of society,” Purohit said.

He said the government will focus on improving the fiscal position and bringing down the debt burden. A white paper detailing the true state of Tamil Nadu’s finances will be released in July.

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