KV Subramanian steps down as Centre's chief economic adviser

India's Chief Economic Advisor (CEA) KV Subramanian has resigned from his post. On the completion of his three-year term, he announced his resignation.

He tweeted that: "I have decided to return back to academia following the completion of my 3-year fulfilling tenure. Serving The Nation has been an absolute privilege Folded hands and I have wonderful support and encouragement."

At the same time, the government has not yet announced the next CEA. On 7 December 2018, KV Subramanian was made the Chief Economic Advisor of the country, about 5 months after Arvind Subramaniam left the post.

He said: "I have received tremendous encouragement and support from within the government and have been fortunate to enjoy a warm relationship with senior functionaries. In close to three decades of my professional life, I am yet to encounter a more inspiring leader than the Prime Minister Narendra Modi." Subramanian further added: "His intuitive understanding of economic policy combines with an unmistakable determination to use the same to elevate the lives of common citizens."

I have decided to return back to academia following the completion of my 3-year fulfilling tenure. Serving The Nation has been an absolute privilege and I have wonderful support and encouragement. My statement: @PMOIndia @narendramodi @FinMinIndia @nsitharamanoffc @PIB_India pic.twitter.com/NW5Y64kxJ6

— K V Subramanian (@SubramanianKri) October 8, 2021

Subramanian thanked Finance Minister Nirmala Sitharaman for her 'feedback' on important matters, which he said was "as committed as her support". "In the periodic meetings at North Block, Madam's sense of humour and easy manner play a critical role in enabling a healthy debate that is so essential amidst epochal change," the Chief Economic Adviser said.

See Zee Business Live TV Streaming Below: