CEA Nageswaran's term extended up to March 2027

The government on Thursday extended the term of chief economic adviser V Anantha Nageswaran by two years through March 31, 2027, according to an office order by the Department of Economic Affairs.

The extension has been approved by the Appointment Committee of the Cabinet, as per the order. Nageswaran had taken over as the CEA in early 2022, succeeding Krishnamurthy V Subramanian, who had completed his three-year term at the North Block.

The extension, which comes just weeks after the presentation of the Economic Survey for 2024-25 on January 31, signals policy continuity. The Survey, prepared by a finance ministry team led by Nageswaran, had called on governments to get out of the way of enterprises for India to move to a higher growth trajectory.