New Delhi: The sixteenth Finance Fee on Wednesday invited purposes for the publish of financial advisor on the pay stage of a joint secretary. The financial adviser shall be answerable for offering strategic inputs on numerous nationwide and world financial developments to the Fee and contribute to the formulation of analysis materials, papers and evaluation on key points regarding the phrases of reference of the Fee.

The financial adviser will take care of inter-governmental funds and deal with particular points chopping throughout states and particularly debt place, the scope of surplus income technology on the Centre and states, amongst others.

The adviser may also be answerable for guiding and monitoring particular research/tasks assigned by the Fee and coordinate and organise seminars and conferences as per the necessities from time-to-time. 

“The Sixteenth Finance Fee (XVIFC) invitations purposes for the publish of Financial Adviser at Degree-14 (Joint Secretary stage) of pay matrix as per seventh CPC on deputation/contract foundation,” an official assertion stated. (Additionally Learn: Startup Mahakumbh: Prime Indian Ladies Founders To Share Innovation Tales At Mega Occasion)

That is an open-ended round and the method of scanning purposes will proceed until the emptiness is stuffed up, stated the workplace memorandum for appointment of the advisor.

The interval of appointment of the financial advisor within the Fee shall be for 2 years or until the Fee submits its report. “There may be one publish of Financial Adviser in Degree 14 (Rs 1,44,200 – Rs 2,18,200) of pay matrix as per seventh CPC plus allowances as relevant,” stated the commercial.

The federal government had, on January 31, appointed 4 members of the sixteenth Finance Fee chaired by Arvind Panagariya. Former expenditure secretary Ajay Narayan Jha and retired bureaucrat Annie George Mathew had been appointed as full-time members of the fee. SBI Group Chief Financial Advisor Soumya Kanti Ghosh was named a part-time member. (Additionally Learn: Instagram, Fb Outage Leads to Mark Zuckerberg’s $3 Billion Loss)

Artha International Government Director Niranjan Rajadhyaksha, who was additionally named as a full-time member, final month expressed his incapability to affix as a member of the Fee because of private causes. The panel would submit its report back to the President by October 31, 2025. The report can be for 5 years commencing April 1, 2026. 

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