Ahead of Budget, V Anantha Nageswaran joins as Chief Economic Advisor
The Hindu
The new CEA was a part-time member of the PM’s Economic Advisory Council
The Government has appointed V Anantha Nageswaran as the Chief Economic Advisor, three days before the onset of the Budget session of Parliament.
On Friday, Mr. Nageswaran assumed charge of the position, which had been vacant since early December 2021 after the previous CEA Krishnamurthy Subramanian returned to academia at the end of his three year-stint. The CEA is usually responsible for drafting the Economic Survey presented a day before the Budget.
A part-time member of the Economic Advisory Council to the Prime Minister between 2019 and 2021, the new CEA holds a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad and a doctoral degree in Finance from the University of Massachusetts for his work on the empirical behaviour of exchange rates.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












