Govt appoints V Anantha Nageswaran as CEA

New Delhi Jan 28 PTI Days ahead of the Economic Survey the government on Friday appointed V Anantha Nageswaran as the Chief Economic Advisor CEA Nageswaran an academic and former executive with Credit Suisse Group AG and Julius Baer Group succeeds K V Subramanian who demitted office of CEA in December 2021 after the completion of his three-yearterm An official statement said Nageswaran assumed charge on Friday His appointment comes two days ahead of the Economic Survey for 2021-22 which is expected to give growth projection of around 9 per cent for the next financial year as Asias third-largest economy is showing signs of recovery from the pandemic The Economic Survey is scheduled to be tabled in Parliament on January 31 India is poised to grow as the fastest large economy in the world during the current financial year with the economy projected to grow around 9 per cent despite the pandemic The economy as per the advance estimates of the National Statistical Office NSO is expected to record a growth of 92 per cent during the current fiscal which is a tad lower than the 95 per cent projected by the Reserve Bank Prior to this appointment Nageswaran has worked as an author teacher and consultant the Finance Ministry statement said He has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021 it said Besides he has taught at several business schools and institutes of management in India and in Singapore and has published extensively Nageswaran holds a Post-Graduate Diploma in Management MBA degree from the Indian Institute of Management Ahmedabad He obtained a doctoral degree in Finance from the University of Massachusetts in 1994 for his work on the empirical behaviour of exchange rates He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Krea University Nageswaran helped co-found the Takshashila Institution an independent centre for research and education in public policy and helped launch the first impact investment fund of the Aavishkaar Group in 2001 PTI DP DP ANU ANU

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January 28, 2022

National

3 min

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New Delhi Jan 28 PTI Days ahead of the Economic Survey the government on Friday appointed V Anantha Nageswaran as the Chief Economic Advisor CEA Nageswaran an academic and former executive with Credit Suisse Group AG and Julius Baer Group succeeds K V Subramanian who demitted office of CEA in December 2021 after the completion of his three-yearterm An official statement said Nageswaran assumed charge on Friday His appointment comes two days ahead of the Economic Survey for 2021-22 which is expected to give growth projection of around 9 per cent for the next financial year as Asias third-largest economy is showing signs of recovery from the pandemic The Economic Survey is scheduled to be tabled in Parliament on January 31 India is poised to grow as the fastest large economy in the world during the current financial year with the economy projected to grow around 9 per cent despite the pandemic The economy as per the advance estimates of the National Statistical Office NSO is expected to record a growth of 92 per cent during the current fiscal which is a tad lower than the 95 per cent projected by the Reserve Bank Prior to this appointment Nageswaran has worked as an author teacher and consultant the Finance Ministry statement said He has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021 it said Besides he has taught at several business schools and institutes of management in India and in Singapore and has published extensively Nageswaran holds a Post-Graduate Diploma in Management MBA degree from the Indian Institute of Management Ahmedabad He obtained a doctoral degree in Finance from the University of Massachusetts in 1994 for his work on the empirical behaviour of exchange rates He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Krea University Nageswaran helped co-found the Takshashila Institution an independent centre for research and education in public policy and helped launch the first impact investment fund of the Aavishkaar Group in 2001 PTI DP DP ANU ANU

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