Invitation of applications for appointment as Young Professional in the Department of Economic Affairs
2 (the actual vacancies may be higher)
Not exceeding 35 years
Master’s degree in Economics/ Finance or MBA or LLB;
The maximum continuous tenure for Young Professionals will be two years. They will be appointed on full time basis and will not be permitted to take up any other assignment during the period of consultancy.
The appointment of Young Professionals is of a temporary nature and the appointment can be cancelled at any time by the Ministry without assigning any reason.
Outline of the Proposed Tasks:
a. Research on Cross country comparison of economic parameters; Report writing and analysis of reports by International Organizations. Study on SAARC Surveillance Mechanism, Study on integration of capital markets, etc; and
b. Preparation of portfolio performance sheet for ADB, World Bank and to analyze proposals received from IMF and prepare cost-benefit summaries;
c. Conduct research work on economic aspects of bilateral development assistance, provided to other countries through Govt. of India supported lines of credit and Work on policy exchange for bilateral aid and
d. Preparation of National Risk Assessment Report for Financial Action Task Force and Financial Sector Activities.
e. Report writing and analysis of proposals in infrastructure and infrastructure finance
Allowances: 35000 per month (all inclusive)
Tax Deduction at Source:
The Income Tax or any other tax liable to be deducted, as per the prevailing rules will be deducted at source before effecting the payment, for which the Department will issue TDS Certificate/s. Service Tax, as applicable shall be payable extra, at the prevalent rates.
No TA/DA shall be admissible for joining the assignment or on its completion. No other facilities like DA, accommodation, residential phone, conveyance/ transport, foreign travel, personal staff, medical reimbursement etc. would be admissible to Young Professionals, Consultants and Senior Consultants.
Young Professionals shall be eligible for 8 days’ leave in a calendar year on pro-rata basis. Therefore, a Young Professionals shall not draw any remuneration in case of his/her absence beyond 8 days in a year (calculated on a pro-rata basis). Also un-availed leave in a calendar year cannot be carried forward to next calendar year.
Submission of application:
The Application in the format given in Annexure-I, along with a forwarding letter, should reach Deputy Secretary (Admn.), D/o Economic Affairs, M/o Finance, Room No.- 238A, North Block, either through post or e mail, within 7 days from the date of notification on DEA’s website/ publication in the newspaper. Applications may be submitted through e mail to: [email protected]
For More details & Application form: