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Chief Economic Advisor to the Government of India

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Chief Economic Advisor
मुख्य आर्थिक सलाहकार
Emblem of India
since 28 January 2022
ResidenceNorth Block, Secretariat Building, New Delhi
AppointerAppointments Committee of the Cabinet[2]
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Not to be confused with Economic Advisory Council.

The Chief Economic Adviser (CEA) is a post in Government of India and is equivalent to rank of Secretary to the Government of India.

The CEA is the ex-officio cadre controlling authority of the Indian Economic Service. The CEA is head of Economic Division of the Department of Economic Affairs, Ministry of Finance, Government of India.

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 the CEA

The extent to which the Government takes into account the advice of the Chief Economic Adviser has generally been considered to be open-ended.

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.[3]

List of CEAs

Below is a list of Chief Economic Advisers that have been appointed by the Government of India since Independence in 1947.

No Name Portrait Term of office Prime Minister
1 JJ Anjaria 1956 1961 Jawaharlal Nehru
2 IG Patel I._G._Patel 1961 1963 Jawaharlal Nehru
(2) IG Patel I._G._Patel 1965 1967 Lal Bahadur Shastri
3 V. K. Ramaswamy 1967 1969 Indira Gandhi
4 Ashok Mitra 1970 1972 Indira Gandhi
5 Manmohan Singh 1972 1976 Indira Gandhi
6 RM Honavar 1977 1980 Indira Gandhi
7 Bimal Jalan 1981 1988
8 Nitin Desai 1988 1990
9 Deepak Nayyar 1990 1991
10 Shankar Acharya 1993 2001
11 Rakesh Mohan 2001 2002 Atal Bihari Vajpayee
12 Ashok K Lahiri 2002 2007
13 Arvind Virmani 2007 2009 Manmohan Singh
14 Kaushik Basu Kaushik Basu 2009 2012 Manmohan Singh
15 Raghuram Rajan 10 August 2012[4] 4 September 2013[5] Manmohan Singh
16 Arvind Subramanian Arvind Subrahmaniyam 16 October 2014[6] 20 June 2018[7] Narendra Modi
17 Krishnamurthy Subramanian 7 December 2018[8] 7 December 2021 Narendra Modi
18 V Anantha Nageswaran 28 January 2022[9] Incumbent Narendra Modi

See also

References

  1. ^ "V A Nageswaran appointed as chief economic advisor". Deccan Herald. 28 January 2022.
  2. ^ "Exclusive: Government to soon set up search panel for next CEA". 13 October 2021.
  3. ^ Rajaraman, Indira (2019-04-04). "Opinion | When it makes sense to consult India's chief economic adviser". Livemint. Retrieved 2019-07-30.
  4. ^ "Diesel price decontrol is 'best', says Raghuram Rajan". The Hindu Businessline. 25 September 2012. Retrieved 2019-07-30.
  5. ^ "Raghuram Rajan appointed next RBI Governor". The Hindu. PTI. 2013-08-06. ISSN 0971-751X. Retrieved 2019-07-30.{{cite news}}: CS1 maint: others (link)
  6. ^ Mishra, Asit Ranjan (2014-10-16). "Arvind Subramanian is India's new chief economic adviser". Livemint. Retrieved 2019-07-30.
  7. ^ "Chief Economic Advisor Arvind Subramanian resigns due to personal reasons, will move to US". The Economic Times. 2018-06-20. Retrieved 2018-06-20.
  8. ^ "ISB professor Krishnamurthy Subramanian appointed as new Chief Economic Adviser". The Indian Express. 2018-12-07. Retrieved 2018-12-07.
  9. ^ "Govt appoints Dr V Anantha Nageswaran as Chief Economic Advisor". The Indian Express. 2022-01-29. Retrieved 2022-01-29.
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