Chief Executive Officer of Niti Aayog: BVR Subrahmanyam, a former IAS officer, has been selected to lead Niti Aayog as its next CEO. The former Commerce Secretary takes over from Parameswaran lyer, who has been named as the Executive Director of World Bank. When Parameswaran Iyer joins the World Bank as an executive director in Washington, DC, Subrahmanyam will succeed him as CEO. Subrahmanyam’s appointment as NITI Aayog CEO was announced by the Appointments Committee of the Cabinet. Mr. Subrahmanyam’s appointment is for two years from the date of assumption of the charge of the post.
February 2023 Current Affairs Quiz
About the BVR Subrahmanyam
- In September 2022, Subrahmanyam, an IAS from the Chhattisgarh cadre class of 1987, left his position as secretary of commerce. During his year-long stint at the department of commerce, Subrahmanyam played a key role in strategising the road map to a record $422 billion merchandise exports, as the economy struggled to get out of the post-Covid slump last year.
- He also steered at least half a dozen free trade agreement (FTA) negotiations. During his tenure in the commerce department, India signed two trade deals — with the United Arab Emirates, and Australia. Subrahmanyam, who is regarded as an authority on internal security, formerly served as Jammu and Kashmir’s chief secretary.
What is NITI Aayog?
NITI Aayog is developing itself as a state-of-the-art resource centre with the necessary knowledge and skills that will enable it to act with speed, promote research and innovation, provide strategic policy vision for the government, and deal with contingent issues. The Planning Commission has been replaced by a new organisation called NITI Aayog (National Institution for Transforming India). A cabinet Resolution issued gave details of the new institutions.
Important Takeaways For All Competitive Exams:
NITI Aayog Vice Chairman: Suman Bery;
NITI Aayog Formed: 1 January 2015;
NITI Aayog Headquarters: New Delhi.
