Dr V Anantha Nageswaran is new Chief Economic Advisor

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The government has appointed Dr V Anantha Nageswaran as the new Chief Economic Advisor.

“The Government has appointed Dr V Anantha Nageswaran as the Chief Economic Advisor and today he has assumed charge,” the Finance Ministry said in a statement.

Dr Nageswaran, is an academic and ex-executive with Credit Suisse Group AG and Julius Baer Group. He replaces KV Subramanian, who demitted office of CEA in December 2021 after completion of his term.

The appointment took place days ahead of the Union Budget. The budget will be presented on February 1.

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The CEA, a secretary rank officer attached to the finance ministry, is conventionally the architect of the economic survey.

This year the economic survey to be is tabled in Parliament by the Finance Minister, is being prepared by the principal economic advisor.