Govt extends Chief Economic Adviser Nageswaran's term until March 2027

India's Chief Economic Adviser V Anantha Nageswaran's term has been extended by two years until March 2027, according to a government order seen by Reuters.

Nageswaran, an IIM Ahmedabad alumnus, was appointed as the CEA in January 2022.

He authored India's annual economic survey in January that projected GDP growth at 6.3%-6.8% in the next fiscal year that starts on April 1.


Prior to his appointment, Nageswaran taught international economics, exchange rates, and financial markets at leading B-Schools in Singapore as well as India. He also holds a doctoral degree from the University of Massachusetts in Amherst.

Nageswaran has also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021. In October, 2021, he was not included in the reconstituted council.

He was also worked as a dean of the IFMR Graduate School of Business and a visiting professor of Economics at Krea University.

CEA in the finance ministry is a key contributor to the government’s overall strategy in managing the economy and offers a critique of the hits and misses through the Economic Survey.