By Malvika Gurung
Investing.com -- The Government of India has appointed Dr V Anantha Nageswaran as the new Chief Economic Adviser to the Finance Minister, starting January 28.
Nageswaran has replaced Krishnamurthy Subramanian as the CEA, who recently stepped down from the position on completing his three-year tenure in early-December 2021. The position has since been vacant.
The Union Finance Ministry’s announcement comes three days ahead of the upcoming Union Budget session on February 1 and the Economic Survey of 2021-22, to be held on January 31.
The new Chief Economic Adviser has worked as a writer, author, teacher and consultant, teaching at several business schools and institutes of management in India and Singapore. He has published extensively, and was the Dean of the IFMR Graduate School of Business and a Visiting Professor of Economics at the Krea University, noted the finance ministry.
Moreover, he has had an extensive career at the Union Bank of Switzerland and Credit Suisse (SIX: CSGN ) and has been a part-time member of the Economic Advisory Council to the Prime Minister between 2019 and 2021.
He holds a PG Diploma in Management from the Indian Institute of Management, Ahmedabad, along with a doctorate degree in Finance from the University of Massachusetts, state multiple news reports.
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Excellent choice. He straddles both theoretical and practical economics with ease.Like 0