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Indian Economy Service

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Indian Economic Service
The Indian Economic Service (IES) is an organized Group ‘A’ Central Civil Services of the executive branch of the Government of India.
HISTORY OF INDIAN ECONOMIC SERVICE (IES)

The Indian Economic Service (IES) was instigated by Pandit Jawahar Lal Nehru for formulating and executing economic policies and programs of the country. Below given is a chronological order from the initial stage before the formation of the service till now.

1952 - The first step was taken towards the formation of the service.

September 1953 - a report for the recommendation of the formation of a service to be known as the Statistical and Economic Advisory Service was submitted by a Committee under V. T. Krishnamachari, the then Deputy Chairman of Planning Commission.

15th May 1956 - Prof. Mahalnobis suggestion of an alternative scheme for creation of a “Central Statistical Pool” was circulated to all the ministries.

4th December 1956 - The Economic Committee of Secretaries inspected which of the two schemes was more appropriate for the Government’s need.

12th February 1958 - The Cabinet decided two separate services should be formed.

23rd August 1958 - Drafting the rules regarding the Statistical/Economic services was decided by the Committee chaired by Cabinet Secretary.

1st November 1961 - The Indian Economic Service was established.

1964 - The actual operationalization of service began.

1967 - Direct recruitment to the service through all India competitive examination conducted by UPSC started.

1968 - The first batch of direct recruitment of officers joined.

2011 - The number of ministries / departments increased to 55 from 10 in 1979.

Till these years, the Indian Economic Service Officers have not only contributed in the cadre posts but also in the State Governments and Regulatory Institutions.

CADRE CONTROL: HIERARCHICAL STRUCTURE of THE IES DIVISION
CHIEF ECONOMIC ADVISER
ADVISER (IES)
DIRECTOR (IES)
DEPUTY DIRECTOR (IES)
UNDER SECRETARY (IES)
ASSISTANT DIRECTOR (IES-TRAINING)
SECTION OFFICER (IES)
IES SECTION SUPPORT
ROLE OF INDIAN ECONOMIC SERVICE (IES) OFFICERS

The role of the service can be generally classified in terms of economic advice, economic administration, execution of development policy and programs, along with others roles like price fixation, regulation, economic reforms, as well as monitoring and evaluation.

The Indian Economic Service plays a significant role in the globalizing environment where decision-making is highly directed by the economic. The IES is always playing its role in making a crucial contribution towards policy-making in social sectors.

The Indian Economic Service (IES) is exposed to almost all the sectors of government functioning.

The officers in the Indian Economic Service play a versatile role of an in-house economist with experience and domain knowledge.

To know more about the Indian Economic Service Examination conducted by the Union Public Service Commission (UPSC) check below.

ABOUT INDIAN ECONOMIC SERVICE (IES) EXAM
IES EXAM PATTERN

The exam consists of two parts:

  • Part I. Written examination for 1000 marks divided across subjects mentioned below.
  • Part II. Viva Voce (interview) for 200 marks of candidates who will be shortlisted by UPSC.

Part I: Written Examination

The written exam would consist of the following subject. The maximum marks allotted to each subject/paper and the time allowed will be as follows:

Indian Economic Service

S.No.

Subject

Maximum Marks

Time

1 General English 100 3 hours
2 General Studies 100 3 hours
3 General Economics - I 200 3 hours
4 General Economics - II 200 3 hours
5 General Economics- III 200 3 hours
6 IndiamEconomics 200 3 hours
IES EXAM ELIGIBILITY

Nationality

  • A Citizen of India,
  • A subject of Nepal,
  • A subject of Bhutan,
  • A Tibetan refugee who came over to India, before the 01st January 1962, with the intention of permanently settling in India or;
  • A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire and Ethiopia or Vietnam with the intention of permanently settling in India
IES EXAM SYLLABUS

The questions papers in all the subjects will be of conventional (essay) type. Questions will be set in English and must be answered in English as well.

You need to answer the exam yourself and won't be allowed a scribe to write for you. However, blind candidates will be allowed a scribe as well as an additional 30 minutes for each paper. Candidates with locomotor disability and cerebral palsy will also be allowed an extra 20 minutes per paper, but won't be allowed a scribe.

The UPSC decides the qualifying marks for each paper.

Marks may be deducted if your handwriting is not easily understood. No marks will be given for superficial (slight) knowledge.

You will be allowed to use scientific, non-programmable calculators in the examination hall.

You may use only the international form of Indian numerals (i.e. 1,2,3,4) while writing the exam.

IES VICE VOCE (INTERVIEW)

You will be interviewed by a Board of qualified and impartial observers who will have before them a record of your career. The object of the interview is to judge how suitable you are for the service for which you are competing. This viva voce exam/ oral interview will test the general and specialised knowledge and abilities of the candidate, in addition to the written exam.

Syllabus of interview

You are expected to be aware of not just the subjects of your academic study but also about events which are happening around you; both within and outside your state or country, as well as in modern currents of thought and in new discoveries which should stir the curiosity of any well-educated youth.

The interview won't be a strict cross examination, but would be more of a natural, yet directed and purposeful conversation, intended to reveal your mental qualities and your grasp over various problems. The Board will pay special attention to assessing the intellectual curiosity, critical powers of assimilation, balance of judgment and alertness of mind, the ability for social cohesion, integrity of character, initiation and capacity of leadership.

Books for reference

Economics:

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An Introduction to Economics - A W Stonier and D C Hauge

Monetary Theory and Public Policy - Kenneth Kurihara

Outline of Monetary Economics - A.C I Day Public Finance - H L Bhatia –

Modern Banking - R S Sayers

Indian Economy - Mishra and Puri

References General Studies

An Introduction to the Constitution of India D D Basu

Perspectives on Indian Constitution Edited by Subash Kashyap

Biology for VIII-X Std NCERT

Physics for VIII-X Std NCERT

Chemistry for VIII-X Std NCERT

Anatomy & Physiology Evelyn Pearce

Know your body Reader's Digest

An Evolution of Indian Economy I.C.Dhingra (Sultan Chand & Co)

Indian Economy Dutt & Sundaram

Economic Survey of India Government of India

IEcoS General Economics-I

General Economics-I Micro-Economics: Ahuja

Micro-Economics: Koutsoyiannis

Microeconomics by Haydam

Microeconomics by Tandon

Microeconomics by Abraham

General Economics-I

Micro-Economics: Ahuja

Micro-Economics: Koutsoyiannis

Microeconomics by Haydam

Microeconomics by Tandon

Microeconomics by Abraham

Macro-Economics: Shapiro Macroeconomics by Jhingan

Macro-Economics: Ahuja

General Economics-II

Monetary Economics: SB Gupta

Monetary Economics by ML Jhingan

Monetary Economics by Wilson

International Economics by Salvatore

International Economics by Mannur

International Economics by Jhingan

International Economics by F. Cherunilam

Growth and Development: M L Jhingan

Economic Growth and Development by Baldwin

Econometrics by Woolridge

General Economics-III

Public Finance: Bhatia

Public Finance by Harvey Rosen

Public Finance by SN Chand

Indian Economy: Planning chapter of Uma Kapila

Environmental Economics: Stephen Smith

Environmental Economics: Barry Field

Environmental Economics: Jhingan

Environmental Economics: Charles Kolstad

The Economic Times Newspaper Yojana Magazine

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