V Anantha Nageswaran's Tenure Extended as Chief Economic Advisor
| Summary/Static | Details |
|---|---|
| Why in the news? | V Anantha Nageswaran's Term as Chief Economic Advisor Extended to March 2027 |
| Tenure Extension | V Anantha Nageswaran's tenure as CEA extended to March 2027 |
| Economic Survey 2024-25 | Projection GDP growth expected to be 6.3%-6.8% in FY26 |
| Recent Economic Growth | 5.4% GDP growth in the September quarter (slowest in nearly two years) |
| Global Economic Risks | Volatility in global stock markets and external factors impacting growth |
| Nageswaran's Role | Key advisor on economic policies, drafts the Economic Survey, shapes Union Budget proposals |
| Previous Positions | Ex-executive at Credit Suisse, Julius Baer, PM-EAC member, academic at Singapore Management University |
| Nageswaran's Key Focus | Sustainable long-term growth, addressing structural economic challenges, job creation |
| Extension Approval | Approved by the Union Cabinet, led by Prime Minister Narendra Modi |