Prior to this appointment, nageshwaran Worked as a writer, author, teacher and consultant. He has taught and published extensively at several business schools and management institutes in India and Singapore.
Nageswaran’s appointment comes days ahead of the presentation of the Economic Survey, the annual report card of the economy. The document is written by the CEA and is often used to advance new ideas about economic reforms and strategy.
Nageswaran was also Dean of the IFMR Graduate School of Business and a Distinguished Guest Professor of Economics at Kriya University and has been a regular commentator on economic issues. He also worked for the global investment bank Credit Suisse and the private banking corporation Julius Bere,
He has also been a part-time member of the Prime Minister’s Economic Advisory Council from 2019 to 2021. He holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad and a Doctorate degree from the Government of India. University of Massachusetts in Amherst.
Subramaniam’s appointment three years ago marked a break in the practice of economists working at global institutions as CEA. Apart from Raghuram Rajan Arvind SubramaniamKaushik Basu, another academic based in the US, was the CEA during the UPA tenure.
In 2018, the Center appointed Hyderabad-based Subramaniam as Associate Professor Indian School of Business As CEA, almost six months after Arvind Subramaniam stepped down. The Economic Survey for 2020-21 had projected a reversal of GDP growth to 10.5% and made it clear that the economy would enter a V-shaped recovery. Recent data points to a strong V-shaped recovery for the economy. The survey had also clarified the need for intensive structural reforms against the backdrop of the COVID-19 pandemic.
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