Chief Economic Advisor v Anantha Nageswaran's tenure extended!
The government of india on thursday extended the tenure of Chief Economic Advisor (CEA) v Anantha Nageswaran by two years till march 2027. The Appointments Committee of the cabinet headed by prime minister Narendra Modi has approved this extension.
Who is v Anantha Nageswaran?
V Anantha Nageswaran became the Chief Economic Advisor to the government of india in january 2022. His job is mainly to advise the government on economic policies and prepare the Economic survey to be presented in parliament before the Union Budget.
Economy and his contribution
The extension of Nageswaran's tenure has been announced at a time when the recent Economic survey 2024-25 has estimated India's GDP growth to be between 6.3 per cent and 6.8 per cent for the next financial year. india, which is Asia's third largest economy, is currently growing at a slow pace. According to government data, the indian economy is expected to grow at a rate of 6.4 percent in the current financial year.
Education and Career
V Anantha Nageswaran has been an academician, author and consultant. He did his MBA from the indian Institute of Management (IIM) ahmedabad and received a doctorate in finance from the university of Massachusetts, USA. Apart from this, he has also taught at several business schools in singapore and India.
Previous experience and achievements
V Anantha Nageswaran has been a member of the Prime Minister's Economic Advisory Council (2019-2021). He has also worked in top financial institutions like Credit Suisse Group and Julius Baer Group. He has been the Dean of IFMR Graduate school of business and a visiting professor at Krea University.
He helped establish the Takshila Institution, an independent center for policy research and education. He also played an important role in launching the first impact investment fund of Avishkaar Group in 2001. Given the expertise and experience of v Anantha Nageswaran, the government has decided to retain him in this position till march 2027. India's economy is expected to move forward under his guidance.
click and follow Indiaherald WhatsApp channel