NEW DELHI: Niti Aayog is making plans to rent a major economist on the think-tank underneath its flexi pool and has sought applications for the coveted put up to be answerable for scrutiny of all finance ministry similar issues and the ones of alternative monetary establishments together with the Reserve Bank of India.

 

India already has a put up of leader financial guide underneath the finance ministry and every other Bibek Debroy-led Economic Advisory Council to the PM is headquartered on the Aayog itself.

The put up may well be stuffed both via a freelance or on deputation and can draw in remuneration of as much as Rs 3,30,000 a month. The appointment would to begin with be as much as 3 years, and can also be prolonged as much as Five years, relying at the necessities or until the age of 60 years, whichever is previous.

“NITI Aayog is looking for an experienced, talented, innovative, and dynamic professional who desires to be a part of the team that is scripting the exciting transformation story which is unfolding in India today,” it has mentioned in its put up.

“He/she will also be responsible for examining all matters relating to the ministry of finance (including all attached departments/divisions), RBI, IMF, WB, ADB and other multilateral financial institutions, SEBI, IRDA and PFRDA etc,” the Aayog mentioned. “Besides, he/she would be expected to analyze and submit inputs for various cabinet Notes, SFC/EFC notes and any other issues received from line ministries,” it added.

The Reserve Bank of India had in May mentioned India’s GDP enlargement in 2020-21 is predicted to stay within the adverse territory with some select up in 2nd part because of the Covid-19 pandemic. A month later, the International Monetary Fund projected a pointy contraction of four.5% within the Indian financial system in 2020, mentioning the unheard of disaster rising from the outbreak of Coronavirus.

The appointee shall be accountable to guide analytical paintings associated with present macro-economic, monetary and structural tendencies within the nation, financial outlook, strategic financial problems, global financial and monetary traits, funding outlook of the rustic, banking, insurance coverage and the pension sector, NITI Aayog mentioned within the commercial for the put up .

Besides, the manager economist would even be answerable for main high quality and related construction economics analysis and offering ahead taking a look financial coverage recommendation to the federal government.

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