Home India Ministry of Finance In exercise of the powers conferred by the proviso to articl...
Date: 2018-05-11 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by the proviso to article 309 of the Constitution

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

**Executive Summary:** This document outlines the Ministry of Finance's new recruitment rules for the Group A post of Chief Economic Adviser, effective from the date of publication in the Official Gazette (May 11, 2018). It details the post's classification, pay scale, and the method of recruitment, including qualifications, age limits, and conditions for deputation/contractual appointment. The rules are established under Article 309 of the Constitution and supersede the previous recruitment rules from 1968 concerning the Chief Economic Adviser position. **Key Points / Main Content:** * **General Information:** * The document pertains to the recruitment rules for the Chief Economic Adviser post in the Ministry of Finance, Department of Economic Affairs. * The rules are called the "Ministry of Finance, Department of Economic Affairs, Chief Economic Adviser, Group A post Recruitment Rules, 2018." * The rules came into force on the date of their publication in the Official Gazette. * **Post Details:** * The post is classified as General Central Service, Group A, Gazetted. * The pay is fixed at ₹80,000 (2014), subject to variation based on workload. * **Recruitment Method:** * Recruitment is by deputation, including short-term contract. * **Eligibility for Deputation/Contract:** * Officers from Central/State Governments, Union Territories, Public Sector Enterprises, Reserve Bank of India, Public Sector Banks, recognized Universities/Research Institutions, Central Regulatory Bodies, Semi-Government, Statutory or Autonomous bodies, or registered Private/Financial Institutions are eligible. * Applicants must hold an analogous post on a regular basis or have two years of regular service in the scale of ₹67000-79000 or equivalent. * **Qualifications:** * *Essential:* Master's Degree in Economics or Finance from a recognized University or Institution and six years experience in Economic Research or Providing Economic Advice or Evaluation of Economic Reforms including administrative experience of one year in specified organizations. * *Desirable:* Doctorate Degree in Economics or Finance from a recognized University or Institution and published research work in International or National journals in the area of economics. * **Other Conditions:** * The maximum age limit for appointment by deputation/contract is 56 years as of the closing date for applications. * The deputation period, including short-term contracts, should not exceed five years. * **Disqualifications:** * Persons with a living spouse who enter into another marriage are ineligible, unless permissible under personal law and with Central Government approval. * **Relaxation and Saving:** * The Central Government may relax any provision of these rules. * The rules do not affect reservations, age relaxation, or concessions for Scheduled Castes, Scheduled Tribes, ex-servicemen, and other special categories. **Impact Analysis:** * **Ministry of Finance, Department of Economic Affairs:** * *Impact:* The department must adhere to these new rules when recruiting for the Chief Economic Adviser position. * *Action Required:* Implement the new recruitment process as outlined in the document. * **Potential Applicants (Government Officers/Economists):** * *Impact:* These rules define the eligibility criteria, qualifications, and application process for the Chief Economic Adviser post. * *Action Required:* Review the rules to determine eligibility and prepare applications accordingly, ensuring all requirements are met. * **Central Government:** * *Impact:* The Central Government retains the power to relax provisions and ensure compliance with reservation policies. * *Action Required:* Oversee the implementation of the rules and address any issues or requests for relaxation.

Key Entities Referenced

Chief Economic Adviser: A post in the Ministry of Finance, Department of Economic Affairs, for which recruitment rules are being defined. Ministry of Finance: The government ministry under which the Department of Economic Affairs and the Chief Economic Advisor operate. Department of Economic Affairs: A department within the Ministry of Finance responsible for economic policy and related matters. Constitution: The Constitution of India, which provides the legal basis for the rules and regulations outlined in the notification, specifically Article 309. Central Government: The government of India, responsible for establishing and enforcing the recruitment rules. Union Public Service Commission: A constitutional body consulted during the recruitment process for the post of Chief Economic Adviser. Reserve Bank of India: An organization whose officers are eligible for deputation or contract for the Chief Economic Advisor role New Delhi: The city where the notification was issued, indicating the location of the relevant government offices.
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सिचव MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 9th May, 2018 G.S.R. 443( E).—In exercise of the powers conferred by the proviso to article 309 of the Constitution and in supersession of the Ministry of Finance (Department of Economic Affairs) Chief Economic Adviser and Economic Adviser Recruitment Rules, 1968, in so far as they relate to the post of Chief Economic Adviser, except as respects things done or omitted to be done before such supersession, the President hereby makes the following rules regulating the method of recruitment to the post of Chief Economic Adviser in the Ministry of Finance, Department of Economic Affairs, namely :- 1. Short title and commencement.- (1) These rules may be called the Ministry of Finance, Department of Economic Affairs, Chief Economic Adviser, Group ‘A’ post Recruitment Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Number of post, classification, pay band and grade pay or pay scale.- The number of said post, its classification, pay band and grade pay or pay scale attached thereto shall be as specified in column 2 to 4 of the Schedule annexed to these rules. 3. Method of recruitment, age limit, qualifications, etc.-The method of recruitment, age limit, qualifications and other matters relating thereto, shall be as specified in 5 to 13 of the said Schedule. 4. Disqualification.- No person,- (a) who has entered into or contracted a marriage with a person having a spouse living; or (b) who, having a spouse living, has entered into or contracted a marriage with any person, shall be eligible for appointment to the said post: Provided that the Central Government may, if satisfied that such marriage is permissible under the personal law applicable to such person and the other party to the marriage and that there are other grounds for so doing, exempt any persons from the operation of this rule. 5. Power to relax .- Where the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order and for reasons to be recorded in writing, relax any of the provisions of these rules with respect to any class or category of persons. 6. Saving .- Nothing in these rules shall effect reservation, relaxation of age limit and other concessions required to be provided for the Scheduled Castes, the Scheduled Tribes, ex-serviceman and other special categories of persons in accordance with the orders issued by the Central Government from time to time in this regard.¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 5 SCHEDULE Name of Number of Classification Pay band Whether Age limit for Educational Whether age Period of Post Post and grade selection direct and other and probation, pay or pay post or non- recruits qualifications educational if any scale selection required for qualifications post direct recruits prescribed for the direct recruits will apply in the case of promotees/ transfers 1 2 3 4 5 6 7 8 9 Chief 1* General Central `80,000/- Not Not Not Not applicable. Not Economic (2014) Service, Group (Fixed). applicable. applicable. applicable. applicable. Adviser. *Subject to ‘A’, Gazetted. variation dependent on workload. Method of Recruitment whether by In case of recruitment by promotion/ If, a Departmental Circumstances in which direct recruitment or by promotion or by deputation/ absorption, grades from Promotion Committee exists, Union Public Service deputation/absorption and percentage of which promotion, deputation/absorption what is its compositio Commission is to be the vacancies to be filled by various to be made consulted in making methods recruitment. 10 11 12 13 Deputation (including short-term Deputation (including short-term Not applicable. Consultation with Union contract)/ contract. contract)/ Public Service Commission Contract: not necessary. 1. Officers of the Central Government or State Government or Union territory Administrations or Public Sector Enterprises or Reserve Bank of India or Public Sector Banks or recognised Universities or recognised Research Institutions or Central Regulatory Bodies or Semi Government or Statutory or Autonomous bodies or registered Private Institutions or Financial Institutions. (a) (i) holding analogous post on regular basis in the parent cadre or Department; or (ii) with two years regular service in the scale of `67000-79000 or equivalent; and (b) possessing the following educational qualifications and experience :- Essential: (i) Master’s Degree in Economics or Finance from a recognised University or Institution; (ii) six years experience in Economic Research or Providing Economic Advice or Evaluation of Economic Reforms including administrative experience of one year in Central Government or State Government or Union territory Administrations or Public Sector Enterprises or Reserve Bank of India or Public Sector Banks or recognised Universities or recognised Research Institutions or Central Regulatory Bodies or Semi Government or Statutory or Autonomus bodies. Desirable: (i) Doctorate Degree in Economics or Finance from a recognised University or6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] Institution; (ii) Published Research work in International or National journals in the area of economics. Note 1: Deputationists shall only be from the Central Government or State Government or Union territory Administrations; contractual/short-term contractual appointees shall be from rest of the organisations mentioned above. Note 2: The contractual appointees shall have to possess only the educational qualifications, and the experience specified in sub-item (ii) of item (b) above shall not be applicable in their case. Note 3: The period of deputation (including short-term contract) including the period of deputation (including short-term contract) in another ex-cadre post held immediately preceding this appointment in the same or some other organisation or Department of the Central Government shall ordinarily not exceed five years. Note 4: The maximum age limit for appointment by deputation (including short-term contract/contract) shall not be exceeding 56 years as on the closing date of the receipt of applications. Note 5: For the purpose of appointment on deputation basis, the service rendered on a regular basis by an officer prior to 1st January,2006 or the date from which the revised pay structure based on the recommendations of the Sixth Central Pay Commission has been extended, shall be deemed to be the service rendered in the corresponding grade pay or pay scale extended based on the recommendations of the said Pay Commission except where there has been merger of more than one pre- revised scale of pay into one grade with a common grade pay or pay scale, and where this benefit will extend only for the post(s) for which that grade pay or pay scale in the normal replacement grade without any upgradation. [F. No. A.12011/5/2017-Admn.IA] SAMEER KUMAR KHARE, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publicaoiktions, Delhi-110054.

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