CHIEF ECONOMIC ADVISER (CEA)

Dec. 8, 2018

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Krishnamurthy Subramanian as the new Chief Economic Adviser (CEA) for a period of three years.

Chief Economic Adviser (CEA):

  • The Chief Economic Adviser (CEA) is the economic advisor to the Government of India working under the direct charge of the Minister of Finance.

  • The CEA is the ex-officio cadre controlling authority of the Indian Economic Service.

  • First CEA: JJ Anjaria (1956-61).

  • Other prominent CEA’s in the past: Manmohan Singh (1972-76), Kaushik Basu (2009-2012), Raghuram Rajan (2012-2013).

  • The post had been lying vacant after Arvind Subramanian left it in June 2018 after a four-year stint.

Krishnamurthy Subramanian:

  • He is also an alumnus of IIT-Kanpur and IIM-Calcutta.

  • He did his Ph.D from the University of Chicago Booth School of Business in 2005 under former CEA and RBI Governor Raghuram Rajan.

  • He is now an associate professor at the Indian School of Business (ISB), Hyderabad.

Source : The Hindu

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