Chief Economic Advisor Arvind Subramanian will be leaving the finance ministry after nearly 4 years because of "pressing family commitments" and return to the US, Union Minister Arun Jaitley said yesterday.
Subramanian was appointed as CEA to the finance ministry on October 16, 2014 for a period of three years. In 2017, his term was extended for a year. "Few days ago Chief Economic Advisor Arvind Subramanian met me over video conferencing. He informed me that he would like to go back to the United States 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," Jaitley wrote in a Facebook post.
Subramanian was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development in the US before joining the Ministry.
Jaitley further said that on expiry of Subramanian's three year term in October last year, he had requested him to continue for some more time. "Even at that stage he told me that he was torn between family commitment and his current job which he considered the best and most fulfilling he has ever done," the minister said.
Will leave in a month or two, says CEA Subramanian
Chief Economic Advisor Arvind Subramanian today said he has not yet decided on the exact date of leaving the finance ministry, but it will be in a month or two. Earlier in the day, Union Minister Arun Jaitley said that Subramanian will be leaving the ministry after nearly 4 years because of "pressing family commitments" and return to the US. Speaking to reporters, the CEA said that he had the best job and "also the best job I will ever have". "I will go back with best of memories. I will always be committed to serving the country at all times in future," he said, adding that in Jaitley he had a "dream boss".