Chief Economic Advisor to the Government of India

Chief Economic Advisor
Chief Economic Advisor
मुख्य आर्थिक सलाहकार
	Emblem of India
	Incumbent; V Anantha Nageswaran; since 28 January 2022
Residence	North Block, Secretariat Building, New Delhi
Appointer	Appointments Committee of the Cabinet

The Chief Economic Adviser to the Government of India (CEA) advises the government on economic matters and is responsible for the preparation of the Economic survey of India tabled in Parliament before the Union budget of India is presented. The CEA holds the rank of a Secretary to the Government of India.

The CEA is the ex-officio cadre-controlling authority of the Indian Economic Service. The CEA is head of Economic Division of the Department of Economic Affairs, Ministry of Finance, Government of India. Until 2009, the CEA’s position was a Union Public Service Commission appointment and until the 1970s almost all CEAs were members of the Indian Economic Service.

One CEA, Manmohan Singh went on to become the Prime Minister of India. Four CEAs have gone on to become the Governor of the Reserve Bank of India - I. G. Patel, Manmohan Singh, Bimal Jalan and Raghuram Rajan, and one (Rakesh Mohan) became the Deputy Governor of the RBI.

History

Until 2009, the post of Chief Economic Advisor to the Government of India was a Union Public Service Commission appointment and until the 1970s almost all CEAs were members of the Indian Economic Service.

Role of the CEA

The extent to which the Government takes into account the advice of the Chief Economic Adviser has generally been considered to be open-ended.

In his 2018 book titled Of Counsel: The Challenges of the Modi-Jaitley Economy, former CEA Arvind Subramanian stated that the job of the CEA carried no executive responsibility. According to him, the only clearly defined job of the CEA was to produce the Economic Survey of India preceding the Union Budget.^[3]

List of CEAs

Below is a list of Chief Economic Advisers that have been appointed by the Government of India since Independence in 1947.

S.No	Name	Assumed office	Left office	Prime Minister
1	JJ Anjaria	1956	1961	Jawaharlal Nehru
2	IG Patel	1961	1964	Jawaharlal Nehru
		1964	1966	Lal Bahadur Shastri
		1966	1967	Indira Gandhi
3	V. K. Ramaswamy	1967	1969
4	Ashok Mitra	1970	1972
5	Manmohan Singh	1972	1976
6	R. M. Honavar	1977	1979	Morarji Desai
6	R. M. Honavar	1977	1979	Charan Singh
7	Bimal Jalan	1981	1984	Indira Gandhi
7	Bimal Jalan	1984	1988	Rajiv Gandhi
8	Nitin Desai	1988	1988	Rajiv Gandhi
8	Nitin Desai	1988	1989	V. P. Singh
9	Deepak Nayyar	1989	1990	V. P. Singh
		1990	1991	Chandra Shekhar
		1991	1991	P. V. Narasimha Rao
10	Shankar Acharya	1993	1996	P. V. Narasimha Rao
		1996	1997	H. D. Deve Gowda
		1997	1998	Inder Kumar Gujral
		1998	2001	Atal Bihari Vajpayee
11	Rakesh Mohan	2001	2002
12	Ashok K Lahiri	2002	2004
12	Ashok K Lahiri	2004	2007	Manmohan Singh
13	Arvind Virmani	2007	2009
14	Kaushik Basu	2009	2012
15	Raghuram Rajan	10 August 2012^[4]	4 September 2013^[5]
16	Arvind Subramanian	16 October 2014^[6]	20 June 2018^[7]	Narendra Modi
17	Krishnamurthy Subramanian	7 December 2018^[8]	7 December 2021
18	V Anantha Nageswaran	28 January 2022^[9]	Incumbent