Economic Survey 2021-22: CEA to address a press conference after FM presents the survey in Parliament today

31 Jan 2022 , 12:09 PM

The Finance Minister Nirmala Sitharaman will announce the country’s economic survey for 2021-22 later today. After the presentation, the newly appointed CEA Dr V. Anantha Nageswaran will address a press conference at around 3.45  pm. Currently, President Ram Nath Kovind has addressed both the houses of the Parliament.

After President’s address, the Lok Sabha will be gathered for the transaction of business. The President said, “with the continuous efforts of my Government, India has once again become one of the fastest-growing economies of the world.”

He added, “My government is working relentlessly to empower the rural economy and the farmers of the country. Keeping in mind the record production, the government has made a record government procurement.”

Earlier today, the Finance Ministry tweeted saying, “CEA Dr V. Anantha Nageswaran to address a press conference TODAY at 3:45 PM in New Delhi after presentation of #EconomicSurvey 2021-22 by FM in Parliament.”

Dr Nageswaran took charge as the government’s Chief Economic Advisor last week, just a few days before the final Economic Survey announcement today and Union Budget 2022-23 which is set to be presented tomorrow.

Dr Nageswaran succeeded KV Subramanian who returned to his academia after three-yeats term completion in December 2021. Notably, the current CEA was also a part-time member of the  Economic Advisory Council to the Prime Minister between 2019 to 2021.

Before taking charge as CEA, Dr Nageswaran has worked as n author, teacher and consultant. He has also taught several business schools and management institutes in India and Singapore. Also, he has published extensively. Holding a Post-Graduate Diploma in Management (MBA) degree, he obtained a doctoral degree in Finance from the University of Massachusetts back in 1944.

With the signs of recovery in the country’s economy amid the ongoing pandemic outbreak, the Economic Survey for 2021-22 is likely to announce a growth projection of around 9% for the next fiscal year.