Indian Economic Service
A unit of India's central government
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Through Executive (government), Government of India and Jawaharlal Nehru
History
The Indian Economic Service was introduced by Prime Minister Jawaharlal Nehru for formulating and implementing economic policies and programmes in India. The initial steps towards formation of service can be traced to 1952. A Committee under V. T. Krishnamachari submitted a report in September 1953, which recommended the formation of a Statistical and Economic Advisory Service. On the contrary, Prasanta Mahalanobis did not favour the idea of a combined Statistical and Economic Advisory Service.
The Cabinet in at a meeting held on 12 February 1958 decided that two separate services should be formed; a Statistical Service and an Economic Service. The Indian Economic Service was constituted on 1 November 1961 and the Service Rules were notified on the same date. The service began operations in 1964.
Until 2009, the post of Chief Economic Advisor to the Government of India was a Union Public Service Commission appointment and until the 1970s almost all CEAs were members of the Indian Economic Service.
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Recruitment
The UPSC conducts a separate Economics Service exam. The minimum eligibility criterion is a post graduate degree in Economics and allied subjects.
Position
International equivalency
The Indian Economic Service is analogous to services in other countries such as the Government Economic Service (UK), and the Economics and Social Science Services Group (Canada).
Training
Direct recruits undergo comprehensive probationary training comprising various phases ranging from the Foundation Course (along with All India Services and Central Civil Services) to Applied economics at the Institute of Economic Growth (IEG). The training programme also comprises attachments with institutions of repute across the country. The training course also has an international attachment at the Civil Service College, Singapore.
Notable members
- I. G. Patel – 14th governor of Reserve Bank of India
- Manmohan Singh - Economic advisor, Ministry of Foreign Trade, India (1971–1972)
- Montek Singh Ahluwalia - Economic adviser in the Ministry of Finance (1979)
- P. N. Dhar - Economic adviser in Prime Minister's Secretariat (1970)
- Samar Ranjan Sen – Former executive director of the World Bank for India, Bangladesh and Sri Lanka.
- R. M. Honavar – 6th Chief Economic Adviser to Government of India
- Dr. Sangeeta Verma - Acting Chair & Member, Competition Commission of India, Ex- Principal Adviser (Secretary-rank)
- R.K. Chandolia - Private secretary to Andimuthu Raja and accused in 2G spectrum case