Dr V Anantha Nageswaran: New Chief Economic Advisor

About Chief Economic Advisor

The Chief Economic Adviser (CEA) is a post in the Government of India and is equivalent to the rank of Secretary to the Government of India.
The CEA is head of the Economic Division of the Department of Economic Affairs, Ministry of Finance, Government of India.
The CEA is the ex-officio cadre controlling authority of the Indian Economic Service.
Until 2009, the CEA’s position was a Union Public Service Commission appointment and until the 1970s almost all CEAs were members of the Indian Economic Service.

Role of a Chief Economic Advisor (CEA)

In his 2018 book titled Of Counsel: The Challenges of the Modi-Jaitley Economy, former CEA Arvind Subramanian stated that the job of the CEA carried no executive responsibility.
According to him, the only clearly defined job of the CEA was to produce the Economic Survey of India preceding the Union Budget.

About Dr. V. Anantha Nageswaran

The Government has appointed Dr V. Anantha Nageswaran as the Chief Economic Advisor and today, he has assumed charge.
Prior to this appointment, Dr Nageswaran worked as a writer, author, teacher and consultant. He has taught at several business schools and institutes of management in India and in Singapore and has published extensively.
He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Korea University.
He has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021. He holds a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad and a doctoral degree from the University of Massachusetts in Amherst.

Note: Before V A Nageswaran, Krishnamurthy Subramanian was the CEA. Before K Subramanian; Arvind Subramaniam was the CEA.

Source: PIB

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