Venkatraman Anantha Nageswaran has been named the next Chief Economic Advisor by the government. According to an official release, Nageswaran started his new job at the Finance Ministry on Friday.

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Nageswaran’s appointment comes just days before the Economic Survey for 2021-22 is released (on January 31) and the Union Budget for 2022-23 is presented (on February 1). Nageswaran succeeds Krishnamurthy Subramanian, who returned to academia following a three-year stint as CEA in December.

“It is still not decided if Nageswaran will attend the customary post-Economic Survey media briefing, as he was not involved in making it,” a senior official said. A team led by Principal Economic Advisor Sanjeev Sanyal developed the forthcoming Survey.

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Nageswaran was a Visiting Professor of Economics at Krea University and the Dean of the IFMR Graduate School of Business until recently. From 2019 to 2021, he was also a part-time member of India’s Prime Minister’s Economic Advisory Council.

Nageswaran has a Post-Graduate Diploma in Management from the Indian Institute of Management in Ahmedabad, as well as a doctorate from the University of Massachusetts in Amherst.