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Friday, January 28, 2022, 13:27
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Venkatraman Anantha Nageswaran, a scholar and former executive with Credit Suisse Group AG and Julius Baer Group, has been appointed to be India’s finance minister’s chief economic adviser.He will succeed Krishnamurthy Subramanian, who returned to academics in December after completing his three-year term.The new chief economic adviser will be asked to devise a strategy for achieving strong growth while also stimulating investments and closing the budget deficit. The job entails advising the finance minister on critical policy issues as well as being the principal author of the Economic Survey, which is the economy’s annual report card that is tabled in Parliament ahead of the budget.Between 1994 and 2011, Nageswaran had multiple leadership positions in macroeconomic and capital market research for several private wealth management companies in Switzerland and Singapore.From October 2018 to December 2019, he served as Dean of the IFMR Graduate School of Business (Krea University).In 2001, he helped co-found the Takshashila Institution, an independent institution for public policy research and education, as well as the Aavishkaar Group’s first impact investment fund.In October 2019, he was appointed as a part-time member to the Economic Advisory Council of the Prime Minister of India for a duration of two years

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