Why India’s Chief Economic Advisor is leaving to USA ?

Why India’s Chief Economic Advisor is leaving to USA ?

NEW DELHI: India’s finance Minister Arun Jaitley said today that Chief Economic Advisor Arvind Subramanian will be leaving the finance ministry because of “pressing family commitments” and will return to the US.nnSubramanian 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.nn”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.nnHe 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.nn”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.nnJaitley, who was the Finance Minister before undergoing a kidney transplant surgery in mid-May, also thanked Subramanian for his contribution to macro economic management of Indian economy.nn”Personally I will miss his dynamism, energy, intellectual ability and ideas. He would walk into my room – at times several times a day, addressing me as Minister to give either the good news or otherwise. Needless to say his departure will be missed by me. But I know that his heart is very much here. I am sure he will keep sending advice and analysis wherever he is,” Jaitley wrote.nnWill leave in a month or two, says CEA SubramaniannChief 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.nnSpeaking to reporters, the CEA said that he had the best job and “also the best job I will ever have”.nn”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”.nnSubramanian 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.nnWhen asked as to when he would be leaving, he said the exact date has not yet been decidednn”I would be leaving in a month or two,” Subramanian said, adding that he was expecting a grand child in September.nnThe process of finding his successor will start soon, he said.nnIn his blog, Jaitley said that few days ago Subramanian had met him over video conferencing and informed that he would like to go back to the United States on account of pressing family commitments.nn”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.nnDuring his tenure, Subramanian came out with futuristic ideas on rationalisation of removal of “subsidies for the rich”, universal basic income, climate change, and the four C’s — courts, CAG, CVC and CBI which had historically paralysed decision making.nnHe also conducted the first online course on Indian economy for the benefits of students and teachers across the country.nnBesides, he launched the government’s online education platformnnSource: Press Trust of India

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