Venkatraman Anantha Nageswaran: The Government of India (GoI), on 28 January 2022 appointed Venkatraman Anantha Nageswaran as its Chief Economic Advisor (CEA).
Key Highlights:
He has replaced former CEA Dr. Krishnamurthy Subramanian.
Prior to this appointment, Dr. Nageswaran has worked as a writer, author, teacher, and consultant.
Functions of CEA:
The CEA is the head of the Department of Economic Affairs that operates under the Ministry of Finance.
The CEA reports to the Finance Minister of India.
The post is equivalent to Secretary in India.
About Dr. V. Anantha Nageswaran:
- Dr Venkatraman Anantha Nageswaran is a distinguished economist and is also involved primarily in the field of academia.
- He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Krea University.
- 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.
- He has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021.
- He has written various books such as ‘The Economics of Derivatives’ and ‘The Rise of Finance: Causes, Consequences and Cures’.
PM Economic Advisory Council:
It is an independent body.
Currently, Dr. Bibek Debroy is the Chairman of the council.
The council advises the PM on national and international economic issues.
