Department of Economic Affairs Recruitment 2022: Check Post, Eligibility, Stipend & How to Apply

Department of Economic Affairs Recruitment 2022; Department of Economic Affairs (DEA) invites application for Internship Scheme 2022-23 for PhD or post graduate students working on specific issues relating to macro-economic management, Capital Markets, Economic Reforms, Exchange Management, Foreign Investment in India and India Investment abroad, Monetary Policy, Fiscal Policy, Inflation Management, Debt Market Operation and Debt Management (External & Domestic), Small Savings, Modernization of Budget Documents, Bilateral Investment Treaties, Infrastructure Financing, etc. A total of 21 interns are required. The last date to submit the application is 16th June 2022.

Check some information about the Department of Economic Affairs Recruitment 2022.

Objectives for DEA Recruitment 2022

• To familiarize the selected candidates with the overall process oi formulation of economic policies of the Government at macro level.
• To provide an opportunity to carry out a brief research into a key and specific economic issue problem faced by the country and offer solutions for the same.

Eligibility for DEA Recruitment 2022

• Outstanding Candidates pursuing Post Graduation (session 21- 23) or PhD in Economics/ Law/ Finance/ Management from Universities/ Institutions within top 25 ranks as per National Institutional Ranking Resource Development or QS ranked International Institutes are eligible to apply for the internship
• This program is not meant for graduate students.

Duration of the internships for DEA Recruitment 2022

• The duration of Internship may be 3 to 6 months.
• Since the time duration is very short, interns would be required to carry out very intense study to ensure desirable outputs in a short time frame.

Stipend/Remuneration for DEA Recruitment 2022

• Token remuneration @ Rs 10,000/- per month per intern for PG  student and @ Rs 20,000/- per month per intern for PhD students is payable on satisfactory completion of their internship and on submission of their Report/Paper/Feedback.

Certificate of internship for DEA Recruitment 2022

Certificates shall be issued to the interns on satisfactory completion of their internship of not less than three months and on submission of their Report/ Paper/feedback/ attendance certificate duly certified by Divisional Head.

Number of Positions and Selection Procedure for DEA Recruitment 2022

• Shortlisted applications received through online process will be considered by a committee, comprising senior DEA officers.
• The Department reserves all rights for offering internship to any candidate.
• Internship can be refused without assigning any reasons.
• Number of Internship will be limited to a maximum of 15 paid interns. Ten additional unpaid interns may also be selected. Out of those ranking on top but could not be selected for the paid internship.

How to apply for DEA Recruitment 2022

• The applicant needs to register on the MoF-DEA internship application link (https://mofaPp.nic.in/DEA Internship.aspx) of the Ministry of Finance and indicate their area of interest, duration of availability with dates and three Divisions of their interest, in order of preference on which they would like to work in during their internship (for each Division, topics of research that the intern shall be allotted, may be seen in the attached annexure), in their application. Details of business allocation to DEA and its Divisions are available on DEA’s website. (http://dea.gov.in).
• Application not received through web portal will not be considered. The only means of communication between the Department and candidates shall be email. Last date for application is 16th June 2022.

Click here to find the official announcement.