The Government of India has appointed economist Arun Aishnaw as the new Chief Economic Adviser (CEA). The appointment matters because the CEA is a key economic-policy adviser to the Union government and helps shape discussion on growth, macroeconomic stability, and fiscal choices.

What happened

The Government of India appointed Arun Aishnaw as Chief Economic Adviser and replaced the outgoing incumbent. The appointment formalities and the assumption of charge details were not provided in the supplied material.

Why the post matters

The Chief Economic Adviser is one of the most visible economic advisory posts in the Government of India. The position is relevant for UPSC because it sits at the intersection of economic governance, fiscal policy, and macro-management.

In exam terms, the appointment is less about the individual and more about the institution: who advises the Union government on economic trends, how policy analysis feeds into budgetary choices, and how the government responds to growth and inflation pressures.