Following the completion of his three-year tenure, Chief Economic Advisor, K V Subramanian introduced that he’s stepping down from his put up, on October eighth, 2021.
“Each day that I have walked into North Block, I have reminded myself of this privilege while endeavouring my best to do justice to the responsibility that comes with the privilege. Being provided the opportunity to contribute during a period of tremendous uncertainty and epochal change has been the lucky icing on the cake,” he said in a statement released on Twitter.
Subramanian had taken over the role of CEA in December 2018 after his predecessor Arvind Subramanian stepped down from the role.
Subramanian has earlier played a role in various committees of SEBI and RBI. He has also worked in the private sector with the companies like JPMorgan Chase and Tata Consultancy Services.
He was awarded the ‘Professor of the Year’ award in 2019, while he was teaching at the Indian School of Business.
He also praised PMand Finance Minister Nirmala Sitharaman in the statement. “On umpteen circumstances, I have walked out inspired after a meeting with him- only a genuine leader can elicit such sentiment,” Subramanian stated in regards to the Prime Minister within the assertion.
Subramanian, in keeping with the assertion, will return to the sphere of lecturers. “I’ll fortunately return to serving the nation as a researcher after fulfilling my three-year dedication,” the assertion learn.
The authorities is but to resolve who will succeed Subramanian to be the subsequent CEA.