Invitation of Applications for the Internship Scheme of the Department of Economic Affairs for the year 2015-16

No. A- 48011/20/2014- Admn.1
Government of India
Ministry of Finance
Department of Economic Affairs
(Administration Division)
*****
234, North Block, New Delhi
5 th December, 2014.
Subject: Invitation of Applications for the Internship Scheme of the Department of Economic
Affairs for the year 2015-16· regarding.

, Department of Economic Affairs has the mandate to carry out not only the economic diplomacy
but also to build and maintain the economic health of the country, which essentially envisages close
interaction with various financial institutions, both domestic and international.
2. The need for an Internship Scheme for the Department has been felt for quite sometime, which is
beneficial to both the Department and the intern. The Internship Scheme will ensure interaction of the
officers of the Department with the young scholars with brilliant academic background from reputed
academic institutions in the country. The refreshing ideas from the field of academics will help the
Department in its activities even as it provides an excellent opportunity to the interns to familiarize
themselves with the overall process of formulation of economic policy of the Government at the macro
level.
3. The interns especially from reputed Economic Institutes/ Schools/ National Management
Institutes/ National Law Schools are expected to be instruments par excellence in adding flavor to the
functioning of the Department. DEA shall assign to an intern specific assignment from an area
administered by the Department. Such area could be Capital Market, Economic Reforms at macro
level, Development Assistance to India from multilateral! bilateral financial institutions! countries,
«, Exchange Management, Foreign Investment in India and Indian Investment abroad, Monetary
Policy, Fiscal Policy, Tariff Policy, Domestic Regulations, Inflation Management, Debt Market
Operation and Debt Management (External and Domestic), Small Savings, Modernization of Budget
Documents etc.
4. The objective and guidelines! salient features of the Internship Scheme of the Department. of
Economic Affairs for Undergraduates of five year integrated course in Law/ Graduates pursuing Post-
Graduation/ Post-Graduates pursuing Research are given below:

5. In order to allocate the selected applicants, as per their interests, to various Division, it is
suggested that the applicants should go through the website of the Ministry of Finance and indicate in their
application the name of Division and three topics of their interest, in order of preference, on which they
would like to work upon during their internship. The details of the _works assigned to different
Divisions in DEA are available on the website ( http://www.finmin.nic.in ) of the Ministry of Finance.

(Ashok Kumar)
Under Secretary to the Government of India
Tel:23092872.

Copy to:
1. AS & FA/ Joint Secretary (ABC) / Joint Secretary (I&E)/ Joint Secretary (MI)/ Joint
Secretary (Budget)/ Joint Secretary (MR)/ Joint Secretary (Investment & Currency)/ Joint
Secretary (FM)/ Adviser (CM) / Adviser (FS)/ Adviser (AS)/ Adviser (FSDC)/ CAA&A/
Chief Controller of Account.
• Tentative Time-Table for processing of the applications:
,
(i) Last date of receipt of Applications in the Department is 19 th January, 2015;
(ii) Scrutiny of Applications within four weeks by the Section for short-listing and forwarding
it to the Divisional Heads;
(iii) Divisional Heads to indicate within one week, as to which of the eligible Applicants are
suitable for their Division's work;
(iv) Two weeks for obtaining the recommendations of the Selection Committee and the
approval of Finance Secretary;
(v) One week for sending the offer to the recommended and approved candidates;
(vi) One week to be given to the selected candidate(s) to join.
• The concerned Head of Division, where the intern is allotted to work, is to ensure non-
access of the confidential informationl document to the intern.
2. PPS to Finance Secretary/ PPS to CEAJ Sr. PPS to AS (EA)/ PPS to AS & DG (DoC)/ PS
to ProEconomic Adviser/ PS to Senior Economic Adviser (HACP).