Govt extends tenure of chief economic advisor V Anantha Nageswaran to March 2027
The government has extended the term of chief economic advisor (CEA) V Anantha Nageswaran by two years till March 2027, the Department of Economic Affairs in the finance ministry said in an office order on Thursday.
A writer, author, and teacher, Nageswaran took on the role of CEA to the government of India in January 2022. As CEA, Nageswaran brings out the annual Economic Survey of the country every year ahead of the Union Budget.
In the latest Economic Survey tabled in Parliament on January 31, CEA forecast GDP growth of 6.3 to 6.8 per cent in FY26, short of the 8 per cent growth India must sustain for a decade to achieve the Viksit Bharat goal by 2047.
Nageswaran, in his pre-Budget Economic Survey for FY25, made a strong case for deregulation, particularly at the state level, to spur capital formation and drive employment and output growth. He said that the government “getting out of the way” and allowing businesses to focus on their core mission can help foster innovation and enhance competitiveness.