KV Subramanian Steps Down As The Chief Economic Advisor To Head Back To Academia


New Delhi: Chief Economic Advisor (CEA) KV Subramaniam on Friday announced that he is stepping down after completing his three-year term. “I have decided to return to academia after completing my three-year term as Chief Economic Adviser to the Government of India,” he said in a statement. Also Read – RCB vs DC Live Score IPL 2021 Today’s Match Latest Updates: Delhi Capitals look to continue their winning streak against Royal Challengers Bangalore

In the statement confirming his resignation, Subramaniam thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for the opportunity provided to him. Also Read – Air India Employees For 1 Year, VRS In Second Year: Centre’s List Of Conditions For Tata Sons

Speaking about his tenure as CEA, he said: “I have received tremendous encouragement and support from within the government and have been privileged to enjoy warm relations with senior officials. Nearly three decades of my professional life. In I, I have yet encountered a more inspiring leader than the Honorable Prime Minister Mr. Narendra Modiji. His innate understanding of economic policy is combined with an unmistakable determination to use the same to uplift the lives of ordinary citizens. Also Read – Air India Tata Sons Deal: ‘Historic Moment! Chairman N Chandrasekaran Promises ‘World Class Airline’

“In my close conversations, I have had the privilege of seeing this combination in action – whether it is in making tough decisions that do not fall prey to sub-optimal populism, but improve the lives of citizens, or those determined to think Have the courage to believe. Implement out-of-the-box and path-breaking reforms in the midst of a once-in-a-century crisis, when the rest of the world was content with just tackling the pandemic. Significant shifts in India’s economic thinking post-pandemic – private Having embraced ethical wealth creation by empowering the sector and economic reform driven by government capital expenditure – testifies to his leadership,” he added.

I have decided to return to the education world after the completion of my 3 year tenure. It has been an absolute privilege to serve the nation and I have received amazing support and encouragement. My statement: @PMOIndia @Narendra Modi @FinMinIndia @nsitharamanoffc @PIB_India pic.twitter.com/NW5Y64kxJ6

— KV Subramaniam (@subramaniam kr) 8 October 2021

Prior to taking up his role as Chief Economic Adviser to the government, Subramaniam served as Associate Professor of Finance (with tenure) and as Executive Director of the Center for Analytical Finance at the Indian School of Business.

Subramaniam holds a PhD (Financial Economics) from the Booth School of Business, University of Chicago. He holds a bachelor’s degree in electrical engineering from the Indian Institute of Technology, Kanpur.

An alumnus of IIM Calcutta, Subramaniam is an expert in banking, corporate governance and economic policy.

Subramaniam has been a part of expert committees for the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).


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