CEA V. Anantha Nageswaran’s tenure extended until March 2027

The government has extended the tenure of current Chief Economic Adviser V. Anantha Nageswaran up to March 31, 2027, or until further order, whichever is earlier.

"In continuation of this Department’s Office Order of even number dated 03rd October, 2023 and with approval of the Appointment Committee of the Cabinet vide Department of Personnel and Training’s communication no. 18/23/2021-EO(SM.II) dated 17th February, 2025, the tenure of Dr. V. Anantha Nageswaran as Chief Economic Adviser on a contract basis is extended up to 31.03.2027, or until further order, whichever is earlier," Santosh Kumar, undersecretary to the government of India said in a letter issued today.

The government appointed Nageswaran as the chief economic advisor on January 28, 2022, after former CEA K Subramanian vacated the office in mid-December 2021 following his decision to go back to academics post-completion of the three-year tenure in December 2021.

Prior to this appointment, Dr. Nageswaran had worked as a writer, author, teacher and consultant. He has taught at several business schools and institutes of management in India and in Singapore and has published extensively.

He was the Dean of the IFMR Graduate School of Business and a distinguished Visiting Professor of Economics at Krea University. He had also been a part-time member of the Economic Advisory Council to the Prime Minister of India from 2019 to 2021.

Nageswaran holds a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad, and a doctoral degree from the University of Massachusetts in Amherst.

The development comes about months after the appointments committee of the Cabinet approved the appointment of Sanjay Malhotra as the 26th Governor of the Reserve Bank of India (RBI) for three years, effective from December 11, 2024. Malhotra succeeded Shaktikanta Das, who had completed two tenures as the RBI Governor starting December 12, 2018.