Uttar Pradesh Govt Forms 15-Member Economic Advisory Group For Policy Reforms

Lucknow: In a major step toward strengthening economic governance and long-term planning, the Uttar Pradesh government has constituted a 15-member Economic Advisory Group (EAG) to provide strategic, independent, and high-quality counsel on key economic and policy issues.

The newly formed body is aimed at helping the state government make evidence-based decisions across sectors while fostering economic stability, inclusive growth, and fiscal discipline. The EAG will also play a pivotal role in evaluating government programs, suggesting reforms, and facilitating dialogue between the government, industry, academia, and civil society.

Nachiketa Tiwari, a professor at IIT Kanpur, will serve as the group’s coordinator. The panel brings together a diverse mix of industry leaders, economists, policy experts, and thought leaders with deep domain expertise.

Among the key members is Anil Bharadwaj, General Secretary of the Federation of Indian Micro and Small & Medium Enterprises (FISME), who will represent the interests and challenges of the MSME sector—a cornerstone of the state’s industrial ecosystem.

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Other high-profile members include: TV Mohandas Pai, Chairman of Arin Capital and former CFO of Infosys, who will advise on education and skilling. Vineet Rai, Founder and Chairman of Avishkar Group, who will offer insights into agricultural development and rural enterprise. Manish Sabharwal, Co-Founder and Vice Chairman of Teamlease Services, and Hanumant Rai Gaikwad, CMD of Bharat Vikas Group, both of whom will contribute on matters related to employment generation and workforce development.

The EAG’s mandate includes analyzing global and domestic economic trends and assessing their implications for Uttar Pradesh. It will develop policy frameworks tailored to the state’s needs, recommend strategies to attract investment, boost productivity, and ensure sustainable growth. It will also monitor and assess the impact of flagship state government programs, recommending course corrections where necessary.

In addition to policy advice, the group will prepare thematic research reports on issues such as unemployment, inequality, industrial diversification, and productivity enhancement. These reports are expected to shape public debate and inform decision-making at the highest levels.

The formation of the Economic Advisory Group reflects the Yogi Adityanath government’s intent to institutionalize expert-driven policymaking and elevate Uttar Pradesh’s economic strategy in line with national and global best practices.

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Officials said the EAG will act as a bridge between the state administration and domain experts—facilitating greater coordination and synergy between policy goals and grassroots execution.

With the inclusion of seasoned experts from varied sectors, the EAG is expected to become a key pillar in shaping Uttar Pradesh’s development roadmap and positioning the state as a competitive economic powerhouse.