Indian Economic Service About

Every Government agency requires certain specific committees, departments, employees, officials, and ministers to plan, administer, develop, and implement policies or strategies for the country. We live in a rapidly increasing country, where specific changes and amendments are taking place in the country on a daily basis. The government needs people with solid decision-making abilities who work remotely toward making policies for the country. So here Indian Economic Service (IES) officers play a prominent role. 

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Indian Economic Service
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Career Roles & Responsibilities
  • Indian Economic Service Officer looks after planning, administering, integrating, developing, and implementing the economic policies. They also contribute to the decision-making in the social sectors that are part of the economic development sector. Thus, IES Officer is connected with all sectors of government functioning.
  • Economic advice, economic administration, economic regulations, developing policies and programs, monitoring, evaluating the areas where development is going to take palace
  • IES Officer also looks after the technical aspects related to government duties and responsibilities associated with manufacturing defence, public telecommunication work, building power, construction, roads, railways, security, etc.
  • An IES officer might have to take care of on-the-job business for workers who need extra supervision or information to send to the government. The people who want to be in the IES must have a good understanding of engineering. 
  • IES officers need to know how to run engineering-related things and how to run the organisation.
  • The Indian Economic Service Officer does handle the railway activities considering various railway departments. 
  • Central Water Corporation, where the IES Officer looks after various state and other central agencies' departments to execute power across several departments. The task in CWC departments consists of multiple departments where the Officer constantly works toward forecasting floods. 
  • All the IES Officers are interconnected and look after concerned Departments/Ministries continuously.
  • Policymaking is essential in the Government. Officers make the policies, consider the development's policy parameters, and then implement the economic and government policies.
  • They would give advice to the Ministries and Departments that deal with economic policy on a regular basis and help them make changes in the fields and sectors they work in.
  • To ensure all the policies are accurately framed by individual Departments/ Ministries is concerned with the overall direction of the economic policy contained in the Five-year plans, Union budgets, etc.

As Research Officer, you would earn around Rs. 69,237 – 95,796 per month

As Senior Research Officer, you would earn around, Rs. 82,809 – 1,42,245 per month

As Economic Adviser, you would earn around, Rs. 1,56,987 – 1,72,314 per month

As Senior Economic Adviser, you would earn around, Rs. 2,11,837 – 2,59,462 per month

As Chief Economic Adviser, you would earn around, Rs. 2,39,462 – 2,76,962 per month

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Career Pros Details
  • Firstly a specialist job that means if you are passionate about economics who going to love each and every second of your job.
  • You can call yourself a government economists.
  • Central Civil Service job ie Group A Gazetted post.
  • Initial career postings in Delhi only . Then you can get transfer to Metro cities of India or deputed in International organisation like IMF , World Bank etc at Indian Desk.
  • Peaceful life with less transfers as compared to All India Service officers .
  • Fully funded PhD in your later career by Government. Only available to ISS and IES because they are Specialist service.
  • It is a 57 year old service , so you carry a sense of pride and was started by the 1st Prime Minister of India.
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Career Cons Details
  • Not given Plum postings . As IAS , IFos are given.
  • No working at grassroot level, no connection with masses. You will be posted in Central Secretariat.
  • Less recognized service and highly underrated .
  • It is a specialist service thus less scope of doing dynamic work as compared to generalist services like IAS.
  • Average promotion opportunities. Joint Secretary in 28 years of service.
  • Leadership
  • Problem-Solving
  • Moral Judgement
  • Decision Making
  • Coordination
  • Critical Thinking
  • Data Analysis
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