The News Minute| August 11, 2014| 8.50 am IST

The NDA government is all set to appoint a new chief economic adviser (CEA) to the government. The post has has been lying vacant since September last year after Raghuram Rajan took over as Reserve Bank of India governor.

The Hindustan Times reports that the government is considering many names including Sidharth Tiwari, with the International Monetary Fund (IMF); Arvind Subramanian, senior fellow at Peterson Institute for International Economics; and Bibek Debroy, research professor, Centre for Policy Research.

The report also states that the government will soon announce the setting up of the Expenditure Management Commission (EMC) and Shankar Acharya, honorary professor at the Indian Council for Research on International Economic Relations, Vijay Kelkar, former finance secretary and former RBI governor Bimal Jalan, among others, are being considered to head the panel.

Full report here- Debroy, Subramanian, Tiwari in race to be CEA