Business

Chief Economic Adviser Arvind Subramanian Resigns Subramanian has resigned as India’s chief economic adviser and will return to the United States

@anirbanroy

Arvind Subramanian has resigned as India’s chief economic adviser and will return to the United States “on account of pressing family commitments”.

Finance Minister Arun Jaitley announced the news of his departure in a Facebook post.

“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.”

Addressing a press conference, Subramanian said that his last date in office has not been fixed yet and that he will always be available to serve the country in future.

Subramanian had been in the post for nearly four years after his predecessor Raghuram Rajan resigned on being appointed the Governor of India’s Central Bank in 2014. His tenure was for three years but was later extended.

Subramanian, 59, was on leave from his position as the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics.

He graduated from St. Stephens College in Delhi, did his MBA from the Indian Institute of Management at Ahmedabad, and his M.Phil and D.Phil from the University of Oxford in the UK.

-ENDS-

TOP STORIES

VISUAL STORYTELLING

Original features, micro docus and explainers

STORIES IN YOUR MAILBOX

Get stories that count, stories that matter everyday in your mailbox

FREE NEWSLETTER

*