New Delhi, April 23 -- The Economic Advisory Council to the Prime Minister (EAC-PM) primarily acts as a "sounding board" for policymaking and does not engage in day-to-day crisis management, said Nilesh Shah, Member of the council.

Explaining the functioning of the council in an interview with ANI, Shah said, "We are like the sounding board for the Prime Minister... compared to let's say Chief Economic Advisor or NITI Aayog, which are full-time institutions... ours is more like contributing into policymaking."

He noted that the EAC-PM comprises full-time members and part-time members, with the bulk of research and analytical work undertaken by the former.

"The majority of workload is taken by the chairman and full-time members... we ha...