Govt invites applications for CEA post

New Delhi, Oct 26 (PTI): The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month.
Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.
Candidates from recognised universities or recognised research institutions or central regulatory bodies and registered private institutions or financial institutions are eligible, it said. With regard to educational qualification, it said, a candidate should possess Master’s degree in Economics or Finance from a recognised university or institution.
For this contractual appointment, the candidate should have six years’ experience in economic research or providing economic advice or evaluation of economic reforms including administrative experience of one year in the central government or state government, it said.
“The selection committee reserves the right to invite and shortlist suitable individuals from outside the list of applicants for the posts,” it added.
The last date for submission of applications is 20 days from the date of publication of advertisement. The maximum age ceiling for applicants is 56 years. However, the advertisement has not given the exact tenure for the appointment.
The vacancy comes at a crucial time when the economy is coming out of the pandemic-induced decline.
The most important task before the new CEA, if appointed next month, would be to prepare the Economic Survey to be tabled in Parliament on the last working day of January.

Govt forcibly retires five CBI officers, senior advocate

The government has compulsorily retired five CBI officers and a senior public prosecutor, sources said Tuesday. The five CBI officers include an assistant superintendent of police and four deputy superintendents of police. The officers and a senior public prosecutor were compulsorily retired by the president with immediate effect in public interest under clause 56(j) of the Fundamental Rules, the sources said. The officers will be paid three months of salaries and allowances. Commenting on the development, a senior officer said this is part of the zero tolerance policy in the CBI for ensuring integrity and performance of duty. The clause 56(j) of the Fundamental Rules gives absolute right to the government to retire any government servant, fulfilling the criteria of age and service, in public interest by giving notice of not less than three months in writing or three months’ pay and allowances in lieu of such a notice.