The Indian government has extended the tenure of Chief Economic Adviser V Anantha Nageswaran by two years, allowing him to serve until March 2027.
This decision highlights the government's confidence in his expertise and his role in shaping economic policies.
Nageswaran, an alumnus of IIM Ahmedabad, was appointed as the Chief Economic Adviser in January 2022. Since then, he has been instrumental in providing economic insights and guiding policy decisions.
In January, he authored India's annual Economic Survey, which projected GDP growth in the range of 6.3% to 6.8% for the next fiscal year.
Before assuming this position, Nageswaran had an extensive academic career, teaching international economics, exchange rates, and financial markets at top business schools in Singapore and India.
He holds a doctoral degree from the University of Massachusetts, Amherst, and has also served as a part-time member of the Economic Advisory Council to the Prime Minister from 2019 to 2021.
His past roles include serving as the Dean of the IFMR Graduate School of Business and as a visiting professor of Economics at Krea University. His experience in economic research and financial markets has been valuable in shaping India’s economic policies.
As the Chief Economic Adviser in the Finance Ministry, Nageswaran plays a critical role in assessing economic performance and recommending policy measures.
His extension is expected to provide stability in economic planning, ensuring continuity in the government's approach toward fiscal management, inflation control, and sustainable growth.
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