The central government has extended the tenure of Chief Economic Adviser V Anantha Nageswaran by two years until March 31, 2027. According to an order issued by the Department of Personnel and Training (DoPT), the Appointments Committee of the Cabinet has approved his extension on a contract basis up to March 31, 2027, or until further order whichever is earlier.
Nageswaran was appointed as the Chief Economic Adviser on January 28, 2022, for a three-year term and assumed charge on the same day.
The office of CEA is responsible for giving advice to the government on various economic policies and drafting the Economic Survey which is tabled in Parliament a day ahead of the Union Budget.