Govt invites applications for post of chief economic adviser, as Subramanian’s term nears end

The government has invited applications for the post of chief economic adviser (CEA) which will fall vacant next month as present incumbent KV Subramanian completes his three-year tenure.

The public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance says that officers of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.

Candidates from recognised universities or recognised research institutions or central regulatory bodies and registered private institutions or financial institutions are eligible, it said.

The candidate, the notice said, should possess a Master’s degree in Economics or Finance from a recognised university or institution.The candidate should be a maximum of 56 years of age.

The candidate should have six years’ experience in economic research or providing economic advice or evaluation of economic reforms including administrative experience of one year in the central government or state government.

The advertisement has not given the exact tenure for the appointment. The last date for submission of applications is 20 days from the date of publication of advertisement.

“The selection committee reserves the right to invite and shortlist suitable inpiduals from outside the list of applicants for the posts,” it added.

The most important task before the new CEA would be to prepare the Economic Survey to be tabled in Parliament on the last working day of January.

Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. He said he will be leaving the finance ministry and returning to academia on completion of his term.