Chief Economic Advisor Arvind Subramanian quits before term ends

The Chief Economic Adviser of India, Arvind Subramanian, has decided to step down after serving nearly four years in the post. He will be going back to the United States.

In a Facebook post Union Minister Arun Jaitley announced the news, saying:

He would like to go back to the United States on account of pressing family commitments. ..He left me with no option but to agree with him -Arun Jaitley, Union Minister

Jaitley, who is in hospital recovering from surgery, said Subramanian's reasons were personal and very important.

59-year-old Subramanian joined as Chief Economic Adviser in October 2014 for a period of three years, which was extended.

The government had asked him to continue for some more time, but Subramanian declined as he had family commitments.

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