Raghuram Rajan assumes charge as Chief Economic Advisor
New Delhi, Aug 29 (ANI): Raghuram G Rajan, former IMF chief economist, today took charge as the chief economic advisor (CEA) in Finance Ministry in New Delhi. Rajan who has succeeded Kaushik Basu, hopes to find some solution in the coming days to help the Indian economy. The Cabinet Appointments Committee had on August 10 cleared Rajans appointment as the new CEA who is also known for predicting 2008 global financial crisis. Rajan, who will be a key official of finance minister P Chidambarams team, was honorary economic adviser to Prime Minister Manmohan Singh. The position has been lying vacant since Kaushik Basus term ended on July 31.
