Ministry of Finance, Department of Economic Affairs
Ministry of Finance Economic Officer 2026 — 2 Vacancies, Apply by 30 May
Salary
PB-2, Rs. 9300-34800 with Grade Pay of Rs. 4600/- (6th CPC) / Level 7 (Rs. 44900 - Rs. 142400) (7th CPC)
Qualification
Master's Degree in Economics or Applied Economics or Business Economics or Econometrics from a recognised University. Two years' experience of conducting economic investigation or research from recognized Research Institutes in India, University or Deemed University and Central or State Government.
Application Mode
offline
Last Date
2026-05-30
Experience
For deputation: Officers holding analogous posts on regular basis OR with 5 years' service in Pay Band-2 (Rs. 9300-34800 with Grade Pay of Rs. 4200/- or equivalent Level 6 as per 7th CPC). Additionally, 2 years' experience of conducting economic investigation or research is required.
Reference No.
No. A.12011/02J2021-Admn.lA
📋 Quick Overview
| Organisation | Ministry of Finance, Department of Economic Affairs |
| Post | Economic Officer |
| Qualification | Master's Degree in Economics/Applied Economics/Business Economics/Econometrics |
| Age Limit | Not mentioned in notification |
| Salary | Level 7 (₹44,900-₹1,42,400) |
| Last Date | 30 May 2026 |
| Apply Mode | Offline |
The Ministry of Finance, Department of Economic Affairs, has announced 2 vacancies for the post of Economic Officer on deputation basis. This is a prestigious opportunity for experienced economics professionals currently serving in Central or State Government departments to work at the national level in New Delhi.
Vacancy & Post Details
| Post Name | Vacancies | Pay Level | Pay Scale |
|---|---|---|---|
| Economic Officer | 2 | Level 7 | ₹44,900-₹1,42,400 |
Eligibility Criteria
Educational Qualification: Master's Degree in Economics or Applied Economics or Business Economics or Econometrics from a recognized University.
- For deputation: Officers holding analogous posts on regular basis
- OR officers with 5 years' service in Pay Band-2 (₹9,300-₹34,800) with Grade Pay of ₹4,200/- or equivalent Level 6 as per 7th CPC
- Additionally, all candidates must have 2 years' experience of conducting economic investigation or research from recognized Research Institutes in India, University or Deemed University and Central or State Government
Salary & Benefits
Selected candidates will be placed in Level 7 of the 7th Pay Commission with a pay scale of ₹44,900-₹1,42,400. This position offers government benefits including:
- Dearness Allowance (DA) as per central government rates
- House Rent Allowance (HRA) if applicable
- Travel Allowance (TA)
- Medical facilities
- Pension benefits under NPS
- Leave Travel Concession (LTC)
- Other allowances as per government rules
Selection Process
The selection process for Economic Officer positions will involve:
- Scrutiny of applications for eligibility
- Interview of shortlisted candidates
- Document verification
- Final selection based on qualifications and experience
How to Apply — Step by Step
Since this is a deputation position, the application process is offline:
- Obtain the application form through proper channel from your current department
- Fill the application form completely with all required details
- Attach all necessary documents including educational certificates, experience certificates, and No Objection Certificate from current employer
- Send the complete application package to the specified address in the circular before the deadline
- Ensure your parent department forwards your application with proper endorsement
Application Fee: Not mentioned in notification (typically no fee for deputation posts)
Important Dates
| Event | Date |
|---|---|
| Application Start Date | 01 April 2026 |
| Last Date for Application | 30 May 2026 |
Important Links
Since this is a deputation circular, the detailed notification would be circulated through official channels. Eligible officers should contact their administrative departments for the complete circular and application format.
Frequently Asked Questions
Q: What is the salary for Economic Officer in Ministry of Finance?
A: The position offers Level 7 pay scale of ₹44,900-₹1,42,400 as per 7th Pay Commission, plus allowances like DA, HRA, and TA.
Q: How many vacancies are available for Economic Officer 2026?
A: There are 2 vacancies for Economic Officer on deputation basis in the Department of Economic Affairs.
Q: What is the educational qualification required for Economic Officer?
A: Candidates need a Master's Degree in Economics, Applied Economics, Business Economics, or Econometrics from a recognized university.
Q: What experience is required for Economic Officer deputation?
A: Officers must have 5 years' service in Level 6 plus 2 years' experience in economic research or investigation from recognized institutes.
Q: What is the last date to apply for Economic Officer position?
A: The last date to submit applications is 30 May 2026 through proper channel.
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