Economic adviser quits, back to US

New Delhi, June 20

Chief Economic Adviser Arvind Subramanian has decided to quit the job, with close to a year of his tenure remaining, and return to the US on account of “pressing family commitments”.

The renowned economist was appointed the CEA on October 16, 2014, for a three-year term and was given an extension last year. 

In a Facebook post “Thank You Arvind”, Union Minister Arun Jaitley said Subramanian “informed me that he would like to go back to the US 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”.

Thanking Jaitley for his “generous words”, Subramanian said, “This is the best job I have ever had and probably ever will. My departure  is entirely for personal reasons.”

Last August, the then NITI Aayog vice-chairman Arvind Panagariya had quit nearly two years before his term was to end. — TNS/PTI