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Chief Economic Adviser Arvind Subramanian to stand down, says FM

New Delhi: India’s Chief Economic Adviser Arvind Subramanian is standing down after serving for nearly four years and would return to the United States, the finance minister said on Wednesday.

Chief Economic Adviser Arvind Subramanian

“”Few days ago Chief Economic Advisor Arvind Subramanian met me over video conferencing. He informed me that he would like to go back to the United States on account of pressing family commitments. His reasons were personal but extremely important for him. He left me with no option but to agree with him,” Arun Jaitley said in a Facebook post.

He further said that on expiry of Subramanian’s three year term in October last year, he had requested him to continue for some more time.

Jaitley also thanked Subramanian for his contribution to macro economic management of Indian economy.

“Personally I will miss his dynamism, energy, intellectual ability and ideas. He would walk into my room – at times several times a day, addressing me as Minister to give either the good news or otherwise. Needless to say his departure will be missed by me. But I know that his heart is very much here. I am sure he will keep sending advice and analysis wherever he is,” Jaitley wrote.

Subramanian joined as the Chief Economic Adviser on Oct. 16, 2014 for a period of three years, which was later extended.


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