Prior to this appointment, Nageswaran labored as a author, writer, trainer and marketing consultant. He has taught at a number of enterprise faculties and institutes of administration in India and in Singapore and has revealed extensively.
Nageswaran’s appointment comes days earlier than the presentation of the Economic Survey, the annual report card of the financial system. The doc is authored by the CEA and has usually been used to push new concepts about financial reforms and technique.
Nageswaran was additionally the dean of the IFMR Graduate School of Business and a distinguished visiting professor of economics at Krea University and has been an everyday commentator on financial points. He had additionally labored for international funding financial institution Credit Suisse and likewise for personal banking company Julius Baer,
He has additionally been a part-time member of the Economic Advisory Council to the Prime Minister from 2019 to 2021. He holds a post-graduate diploma in administration from the Indian Institute of Management, Ahmedabad and a doctoral diploma from the University of Massachusetts in Amherst.
Subramanian’s appointment three years in the past had marked a break within the follow to have economists working in international establishments as CEAs. Besides Raghuram Rajan and Arvind Subramanian, one other US-based educational Kaus- hik Basu was the CEA through the UPA tenure.
In 2018, the Center had appointed Subramanian, an affiliate professor on the Hyderabad-based Indian School of Business because the CEA, almost six months after Arvind Subramanian stepped down. The Economic Survey for 2020-21 had forecast GDP progress to rebound to 10. 5% and forcefully articulated that the financial system will register a V-shaped restoration. Recent information has pointed to a strong V-shaped restoration for the financial system. The survey had additionally articulated the necessity for deep structural reforms in opposition to the backdrop of the Covid-19 pandemic.