NEW DELHI In the Wonderland of Economic Policy B M WHAT has been highlighted by the Hurry of activity on the part of the Prime Minister in recent weeks is not only the half-hearted manner in which she has taken half-measures, though this has eroded faith in Indira Gandhi's leadership qualities and her political invulnerability. More important, it has been once again shown that Indira Gandhi must continue to rely, by choice as well because of the circumstances in which she has placed herself, on a small coterie which she may assemble at any given point of time and function only through such a coterie. She has neither the desire nor the ability lo look beyond for talent and indeed those with integrity and independence as well as talent may not be available to her for advice and assistance. This is manifest in the composition of her Council of Ministers und the periodic reshuffles of ministers and their portfolios as well as the top administrative set-up. This applies also to the changes in the Congress(I) set-up at all levels. The composition of the new Council of Economic Advisers would appear to dispute this view, but only partly. It was K N Raj, now a member ot the Council, who had while delivering the S Nijalingappa endowment lecture in 1974 said that in the prevailing circumstances expert advice had ceased to exercise much influence on government policy and action and that, therefore, economists would do well to take a back seat and not offer advice to government "to their own and others' advantage". He had also argued that most economic problems had ceased to be amenable to the advice or intervention of experts. Has he changed his views or was he pursuaded to join the Council of Economic Advisers by the persona] request of the Prime Minister? The Planning Commission is supposed to be an expert advisory body on economic policies. Yet the setting up of the Council to advise the Prime Minister on economic policies has not caused the slightest ripple in Yojana Bhavan. It is generally believed in the Commission that the Council and the proposed larger panel to advise the Planuing Commission will turn out to be assemblies, from time to time, of some eminent economists in the PM's office or in Yojana Bhawan to do some smart talking which will have little impact on official policy or action. Such assemblies have been held in the past on several occasions and they have served little purpose. Those who are invited to such meetings reiterate their known views in general terms, just as they do in many seminars, and go back to their normal functions in universities, research institutes or other places of work.