16th Finance Commission invites applications for Economic Adviser Post: Know Pay Level and Eligibility

The Government of India has established the Sixteenth Finance Commission ( SFC ) on 31.12.2023, with a tenure extending until October 31, 2025. As part of its operational setup, the Commission is seeking applications from eligible candidates for the position of Economic Adviser ( at Pay Level 14 ), to be filled either on a deputation or contract basis.

Interested applicants are invited to submit their duly filled applications exclusively via email to the Secretary of the 16th Finance Commission at secy-fc@gov.in,  with a copy to manish.kr1975@nic.in.  Physical copies of applications will not be accepted.

The applications should be submitted in the prescribed proforma provided. Additionally, eminent individuals may propose suitable candidates who meet the eligibility criteria, and their nominations will be considered alongside other applications.

This circular operates on an open-ended basis, meaning that applications from eligible candidates will be continuously reviewed until the position is filled. Therefore, applicants are encouraged to submit their completed, comprehensive, and verified applications at the earliest opportunity.

This presents a unique chance for qualified individuals to contribute to the economic deliberations and policy formulations of the Sixteenth Finance Commission, playing a pivotal role in shaping India's financial landscape for the foreseeable future.

The period of appointment will be for two years or till the Commission submits its report, whichever is earlier and the method of appointment will be either on Deputation or Contract. The eligibility conditions for appointment are as follows:

A. For Deputation:

(i) Officers of Central Government/State Governments/UTs/ Public Sector Enterprises/Reserve Bank of India/Public Sector Banks/ Universities/Recognised Research Institutions/Central Regulatory Bodies/ Semi Govt. Statutory/Autonomous bodies/ Reputed Private Institutions/Financial Institutions; and

(ii) Holding analogous posts on a regular basis in the parent cadre/Department.

B. For Contract:

Applicants possessing the following educational and other qualifications and experience: -

(i) Essential:

a) Master's Degree in Economics from a recognized University or equivalent.

(b) Six years' experience in Economic Research/Providing Economic Advice/Public Finance.

(ii) Highly Desirable:

(a) Doctorate Degree in Economics from a recognized University.

(b) Published Research work in refereed International/National journals of repute in the area of Economics.

(c) Expertise in Fiscal Federalism/Intergovernmental finances (d) Administrative experience will be an added qualification.

To Read the full text of the Order CLICK HERE

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