INDIAN ECONOMIC SERVICE

moody’s-prediction-on-growth-rate-of-india’s-economy

Moody’s prediction on growth rate of India’s economy

Though the government is continuously grappling with the pressure of taking measure to accelerate the growth rate of the country as leading rating agency Moody’s has also predicted the growth rate of the country for 2019-20 financial year below 6 per cent that is 5.8 per cent.

Moody’s is of the view that due to some factors impacting for long term the slowdown in Indian economy is likely to be dragged for a slightly longer time. Even Reserve Bank of India in its appraisal meeting for monetary policy in the current fiscal reduced 6.1 per cent.

Moody’s in its report says that the main reason behind slow down is slump in investment which has brought down the number of employment. This has also impacted consumption in the rural area. There are several reasons for slowdown some are domestic but some of them are going to have long-term impact.  

11 Oct 2019
do-the-due:-ies-association-elects-its-new-team-of-office-bearers

Do the due: IES Association elects its new team of office bearers

Indian Economic Service Association has elected its new team of office bearers in New Delhi. Office bearers were elected unopposed signifying synergy and cohesion among the cadre. Interestingly, this comes amid cadre officers struggling hard to get their promotion clearance at the level of cadre controlling authority (DEA) and DoPT done which is long awaited.

The new office bearers of  Association included Dr Seema Gaur (IES:1984) as President, Arun Kumar Jha (IES:1985) as Vice President, Praveen Mahto (IES:1992) as General Secretary and Anand Singh Bhal (IES:1985), D P S Negi (IES:1985), Nandita Mishra (IES:1993), Prerna Joshi (IES:2012), Rajesh Panwar (IES:2012) and Sanjay Kaushik (IES:2015) as Members. Though, one nomination could not be considered as it was received after the stipulated time period got over. P K Abdul Kareem (IES:1996), Economic Adviser, Ministry of I&B, was the Returning Officer for the Association’s election.

05 Oct 2019
moody’s-prediction-on-growth-rate-of-india’s-economy

Moody’s prediction on growth rate of India’s economy

By IndianMandarins 11 Oct 2019

Though the government is continuously grappling with the pressure of taking measure to accelerate the growth rate of the country as leading rating agency Moody’s has also predicted the growth rate of the country for 2019-20 financial year below 6 per cent that is 5.8 per cent.

Moody’s is of the view that due to some factors impacting for long term the slowdown in Indian economy is likely to be dragged for a slightly longer time. Even Reserve Bank of India in its appraisal meeting for monetary policy in the current fiscal reduced 6.1 per cent.

Moody’s in its report says that the main reason behind slow down is slump in investment which has brought down the number of employment. This has also impacted consumption in the rural area. There are several reasons for slowdown some are domestic but some of them are going to have long-term impact.  

do-the-due:-ies-association-elects-its-new-team-of-office-bearers

Do the due: IES Association elects its new team of office bearers

By IndianMandarins 05 Oct 2019

Indian Economic Service Association has elected its new team of office bearers in New Delhi. Office bearers were elected unopposed signifying synergy and cohesion among the cadre. Interestingly, this comes amid cadre officers struggling hard to get their promotion clearance at the level of cadre controlling authority (DEA) and DoPT done which is long awaited.

The new office bearers of  Association included Dr Seema Gaur (IES:1984) as President, Arun Kumar Jha (IES:1985) as Vice President, Praveen Mahto (IES:1992) as General Secretary and Anand Singh Bhal (IES:1985), D P S Negi (IES:1985), Nandita Mishra (IES:1993), Prerna Joshi (IES:2012), Rajesh Panwar (IES:2012) and Sanjay Kaushik (IES:2015) as Members. Though, one nomination could not be considered as it was received after the stipulated time period got over. P K Abdul Kareem (IES:1996), Economic Adviser, Ministry of I&B, was the Returning Officer for the Association’s election.

panda-empanelled-to-hold-sag-post

Panda empanelled to hold SAG post

By IndianMandarins 28 Jun 2019

Dr Akshay Kumar Panda was on Thursday empanelled for promotion to the Senior Administrative Grade (SAG) in the Indian Economic Service for the panel year 2011-12.

ies-cadre-may-win-24-new-posts-in-as-&-js-level

IES cadre may win 24 new posts in AS & JS level

By IndianMandarins 14 Sep 2018

Indianmandarins has reliably learnt that Indian Economic Service (IES) cadre may be sanctioned 24 additional posts in the rank of Additional Secretary (HAG) & Joint Secretary (SAG). The Indian Economic Service cadre is undergoing its ‘Fifth Cadre Restructuring’ which is expected to win 17 new posts of in the rank of Additional Secretary and 07 new posts in Joint Secretary rank.

 

Currently, as per fourth cadre review cleared in 2011, IES cadre has a total sanctioned strength of 518 which include 05 Apex-level posts, 15 HAG-level posts (Additional Secretary rank) and 89 SAG-level posts (Joint Secretary). If everything goes well in favour of the cadre it may touch 08, 32 and 96 mark in Apex, HAG and SAG level respectively.  

 

As far as Director level (JAG) posts are concerned the fifth cadre restructuring appears to have a retrospective outlook as well. As against the existing strength of 148 post in Director-level the cadre may lose 16 posts; meaning hereby IES will have 132 Director-level posts as against the present strength of 148.

rajat-sachar-&-dr-vinita-elevated-as-senior-economic-adviser

Rajat Sachar & Dr Vinita elevated as Senior Economic Adviser

By IndianMandarins 07 Sep 2018

Rajat Sachar (IES:1985) and Dr Vinita Aggarwal (IES:1985) were, on Thursday, elevated (in-situ) as Senior Economic Adviser in the Ministry of Shipping and Ministry of Skill Development & Entrepreneurship w.e.f 01 September 2018. To formalise their posting (on promotion) two HAG level posted were temporarily transferred from Department of Economic Affairs to the respective ministries.

 

Prior to this Sachar served as Economic Adviser in the Ministry of Shipping whereas Dr Vinita served as Economic Adviser in the Ministry of Skill Development.

archana-mathur-is-now-principal-adviser,-dea

Archana Mathur is now Principal Adviser, DEA

By IndianMandarins 07 Sep 2018

Ms Archana Mathur (IES:1982) was, on Thursday, posted as Principal Adviser, Department of Economic Affairs (DEA), w.e.f 01 September 2018. The Appointment Committee of the Cabinet had recently promoted her to hold Apex Level post in Govt of India. To formalise her elevation and posting (in-situ) an Apex Level post was temporarily transferred to DEA from DIPP.   

 

Prior to this she served as Senior Adviser, DEA.

fifth-cadre-review-may-win-03-apex-level-posts-for-ies

Fifth Cadre-review may win 03 Apex-level posts for IES

By IndianMandarins 24 Aug 2018

Indianmandarins has reliably learnt that the strength of Indian Economic Service will increase from existing 518 to 615 after fifth cadre restructuring. This cadre restructuring will lead to an increase in the Apex-level position from five to eight as proposal in this regard has been accepted. The Indian Economic Service cadre is undergoing its ‘Fifth Cadre Restructuring’.

It may be underlined that this service was constituted in 1961 with a cadre strength of 294. With the passage of time, the requirements of the government of India increased for these specialized officers and at the completion of five decades in 2011, it attained the strength of 511. At present, IES has the strength of 518. Here lies the genesis of a cadre strength which is likely to increase very soon.

The first cadre-restructuring for the IES was done in 1991, after 30 years of its inception. Later the cadre was reviewed in the year 2000 and 3rd and 4th cadre-restructuring took place in 2005 and 2011 respectively. Now the fifth cadre restructuring is underway.

15-ies-officers-to-sag-(js-rank),-dpc-likely-on-aug-16

15 IES officers to SAG (JS rank), DPC likely on Aug 16

By IndianMandarins 06 Aug 2018

Indianmandarins has reliably learnt that 1999 and 2000 batch of Indian Economic Service officers may soon be promoted to SAG (Joint Secretary rank) in Government of India. Once cleared they will get their new position of Economic Adviser.

 

Sources said that the Departmental Promotion Committee (DPC) has been scheduled to be held on August 16 at UPSC which will vet the promotion of fifteen IES officers to Senior Administrative Grade (SAG). Subsequently, all these officers will be eligible to become Economic Adviser; Joint Secretary level post.

 

On the present panel, thirteen officers are from 1999 batch whereas only two officers are from 2000 batch. The NaMo administration’s approach towards clearing the pending backlog appears to have worked for IES cadres. It may well be substantiated by the fact that for 1985 batch of IES it took 28 years to be empanelled as Joint Secretary whereas 1999 batch and 2000 batch officers will get this promotion after 18 years of service.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.