Chief Economic Advisor Subramanian resigns after 3-year term | Economic news

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New Delhi: India’s Chief Economic Adviser (CEA) Krishnamurthy Venkata Subramanian announced on Friday (October 8th) that he would step down at the end of his three-year term.

In an official statement, he announced that he had decided to return to academia. “I have decided to return to academia after the end of my rewarding three-year tenure as chief economic adviser to the Indian government,” he said.

In a tweet, he added that the nation has been an absolute privilege and has received tremendous support and encouragement.

As of yet, the central government has not appointed a successor to Subramanian, which was appointed CEA on December 7, 2018. In the past, CEA KV Subramanian has served on several export committees. He was also a member of the board of directors of Bandhan Bank and the National Institute of Bank Management. Also Read: Air India Divestment: From Carrier Buying Center To Saying “Tata” Check Airline Travel So Far

His appointment came five months after Arvind Subramanian left the CEA post, citing “pressing family commitments”. Also Read: Air India returns to Tatas after 68 years – Here’s everything you want to know

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