Government likely to appoint new Chief Economic Advisor soon

Government likely to appoint new Chief Economic Advisor soon

Courtesy : NEWS JUNCTION27/07/2018 11:29

 

The government is likely to announce the name of a new Chief Economic Advisor next week.

The Appointments Committee of the Cabinet will convene after Prime Minister Narendra Modi returns from an African tour and might clear a name given to it by a selection committee, 

 Arvind Subramanian,the incumbent CEA,demits office on Thursday.Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy,Neelkanth Mishra of Credit Suisse and the principal economic dvisor,Sanjeev Sanyal.Finance ministry official,indian Economy officials ans union minister Arun Jaitley have already held three separate farewell lunches for subramanian.The first two held last week,a lunch at jaitley's residence was on Tuesday.

jaitley had announced on june 20 that subramaniam would cut short his extended tenure and return to academia in the US.In early,july,the goverment advertised the post with a doctorate degree in economics or finance desirable but not essential.The applications had to have at least six year's experience in economic research or advisory roles. The cut off age was 56 year's and the last date of application was july 20

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