What is UPSC Indian Economic Service ?
Indian Economic Service (IES) is the administrative interministerial civil service under Group A of the Central Civil Services of the executive branch of the Government of India. The duties of an IES officer include development, planning, administering, and implementation of economic policies. They perform duties as the economic advisers to the different departments and ministries in all policy-related matters on all internal and external management decisions. They are closely associated with and involved in the economic reforms in the department or ministry to which they are posted. Moreover, the scope of their work also include international organizations like the United Nations, foreign governments, and other regulatory bodies during different stages of their career.
The recruitment for IES is conducted on the basis of an all-India open competitive examination, which is known as the Indian Economic Service Examination and is conducted by the UPSC. The notification about examination, announces the number of vacancies which are to be filled, as indicated by the Cadre Controlling Authority.
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Indian Economic Service Officer
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 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.
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