FinMin on the lookout for Basu's successor

Last Updated: Wed, Apr 18, 2012 19:50 hrs

The Union finance ministry today initiated the process for appointing a successor to its chief economic advisor, Kaushik Basu, who is on a six-month extension till August.

The ministry has sought applications for appointment of a CEA on deputation or contract, for a three-year term or till age of retirement, whichever is earlier. The monthly pay is fixed at Rs 8,000. The last date for sending applications is May 18.

The educational and other qualifications and experience required include essentially a Master’s degree in economics or equivalent and six years’ experience in economic research, providing economic advice and evaluation of economic reforms. This includes administrative experience. The desirable requirements are a doctorate in economics and published research work in refereed international and national journals of repute in the area of economics.

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