BVR Subrahmanyam
On Monday, the Cabinet Committee on Appointments appointed BVR Subrahmanyam, a former Union Commerce Secretary and retired IAS, as the CEO of Niti Aayog.
He replaced Parameswaran Iyer, who was reassigned as the Executive Director of the World Bank.
Cabinet Committee On Appointments Job;
- Several senior positions within the Indian government are appointed by the Appointments Committee of the Cabinet (ACC).
- The Indian Prime Minister, who serves as the committee’s ex-officio chairman, and the Minister of Home Affairs are members.
- Initially, the committee also included the Minister responsible for the relevant Ministry, but as of July 2016, those Ministers are no longer included.
HIGHLIGHTS
On Monday, the New Delhi establishment made unexpected changes in the NITI Aayog and World Bank assignments.
- BVR Subrahmanyam, a former Union Commerce Secretary, was appointed as the new CEO of NITI Aayog, replacing Parameswaran Iyer, who had been appointed in July of the previous year but was relieved of his duties after just eight months.
- There were reports of dissatisfaction with the functioning of NITI Aayog after Amitabh Kant’s tenure ended.
- Despite Iyer’s removal from the NITI Aayog CEO position, he was not completely ousted, as he was instead appointed as Executive Director at the World Bank Headquarters in Washington, D.C. for a three-year term.
- This was made possible by the premature repatriation of Rajesh Khullar, the incumbent ED at the World Bank. Some insiders believed that Iyer had always wanted to return to the USA.
The decision was a positive turn of events for BVR Subrahmanyam, who was presumed to have fallen out of favor after declining a post-retirement assignment as Chairperson of the India Trade Promotion Organisation.
This decision further supports the notion that in the NaMo administration, bureaucrats who were once favored continue to receive favor.
It is also a testament to the present administration’s ability to make unique arrangements in the administration.
BVR Subrahmanyam Takes the Helm at Niti Aayog: What it Means for India’s Economic Development
- His appointment as the new CEO of Niti Aayog is a significant development for India’s economic growth and development.
- Niti Aayog is a policy think-tank that advises the government on economic issues and sets strategic goals for the country’s development.
- As the new CEO of Niti Aayog, Subrahmanyam will play a crucial role in driving economic policy, identifying key areas of growth and development, and providing recommendations for the government to pursue.
- His appointment is expected to bring a new perspective and fresh ideas to Niti Aayog, which will be important in driving India’s economic development.
It means that it will have a direct impact on the economic growth and development of India, which is crucial for the country’s progress.
- His extensive experience in the civil service and knowledge of economic policy will be valuable in driving sustainable economic growth and development, especially in the wake of the COVID-19 pandemic.
- Overall, it implies that the appointment of BVR Subrahmanyam as CEO of Niti Aayog is a positive development for India’s economic development and will have significant implications for the future of the country’s economy.
