Chief Economic Adviser Subramanian to step down; to return to academia

Update: 2021-10-08 12:45 GMT

New Delhi: Chief Economic Adviser (CEA) K V Subramanian on Friday said he has decided to return to academia after completion of his three-year term in the finance ministry.

The government had appointed Subramanian, a ISB Hyderabad professor, as the CEA in December 2018. He had succeeded Arvind Subramanian.

In a statement, Subramanian thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their support and inspiring leadership.

"I have decided to return back to academia following the completion of my 3-year fulfilling tenure," he said.

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