Government invites application for post of Chief Economic Advisor

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As Chief Economic Advisor (CEA) K V Subramaniam is set t0 complete his three-year tenure next month, the government has invited applications for the post. According to a public notice dated October 24,2021, issued by the Department of Economic Affairs, the Ministry of Finance, an officer 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.

Subramanian was appointed as CEA on December 7, 2018 and assumed charge on December 24 in the same year.

Eligibility criteria

It said that candidates from recognised universities, research institutions, central regulatory bodies and registered private institutions or financial institutions are eligible.

As far as the educational qualification is concerned, a candidate should possess Master’s degree in Economics or Finance from a recognised university or institution, the notice said.

In terms of experience, a candidate should have six years of experience in economic research or providing economic advise or evaluation of economic reforms which comprises administrative experience of one year in the central or state government. The employment would be on contractual basis. But the exact tenure for the appointment was nit given.

It also stated that the selection committee reserves the right to invite and shortlist suitable individuals from outside the list of applicants for the posts.

The last date for application submission is 20 days from the date of publication of advertisement, while the maximum age limit is 56 years.

If the new CEA is appointed next month, then the most important task would be to prepare the Economic Survey to be tabled in Parliament on the last working day of January. The vacancy comes as the economy is coming out of the pandemic-induced decline.