By: Shubham Ghosh
THE Narendra Modi government on Friday (28) appointed Dr V Anantha Nageswaran as the new chief economic advisor (CEA). His appointment came just days ahead of the presentation of the national budget on February 1.
The CEA, who is a secretary-rank official attached to the country’s finance ministry, is traditionally the main architect of the economic survey held every year.
This year, the survey, which is tabled in the parliament by the finance minister, is being made by the principal economic advisor and other officials.
The finance ministry confirmed Nageswaran’s appointment as the CEA saying in a statement, “The Government has appointed Dr V Anantha Nageswaran as the Chief Economic Advisor and today he has assumed charge.”
Government appoints Dr V. Anantha Nageswaran as the Chief Economic Advisor and today, he has assumed charge.
Read more ➡️ https://t.co/P9biWukHQD pic.twitter.com/fkiW5WgmUr
— Ministry of Finance (@FinMinIndia) January 28, 2022
He succeeded KV Subramanian, who stepped down from the post in December after completing a three-year term.
Nageswaran, who 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, the United States, is an academic and former executive with Credit Suisse Group AG and Julius Baer Group.
He has also been a part-time member of the Economic Advisory Council to the Indian prime minister between 2019 and 2021.