Arvind Subramanian: News

One of the best economists to come out of India, Arvind Subramanian is considered as one of the best minds when it comes to development economics. Born June 7, 1995, in Chennai, Subramanian played a major role in India’s economics as the Chief Economic Advisor to the Government during his tenure from 2014 to 2018. Subramanian completed his graduation in economics from Delhi’s St. Stephen’s College. After an MBA from IIM, Ahmedabad, he obtained M.Phil and D.Phil from the University of Oxford. His global stature grew during his time at the International Monetary Fund. As one of the world’s top minds in South Asian economics, Subramanian taught in Harvard’s Kennedy School, John Hopkins’ H. Nitze School, and Brown University. Foreign Policy magazine listed him in the world’s top 100 global thinkers in 2011. When Raghuram Rajan left the post of Chief Economic Advisor in 2013, he came to fill the void in 2014. As the Chief Economic Advisor, he played a major role in diagnosing India’s twin balance-sheet issue. He also tried to revamp the Annual Economic Survey during his tenure.

18 Mar 2021


After PB Mehta's exit, economist Arvind Subramanian quits Ashoka University

Economist Arvind Subramanian has resigned as professor from Ashoka University, days after noted columnist and political commentator Pratap Bhanu Mehta's exit.

12 Jun 2019


Ex-CEA says India's GDP was 'overestimated', Modi's panel plans rebuttal

An explosive paper written by former Chief Economic Advisor Arvind Subramanian has started an uproar.

29 Jan 2019

Madhya Pradesh

After RaGa's minimum-wage, now Modi mulling Universal Basic Income

The Narendra Modi government is planning to announce Universal Basic Income (UBI) in the budget which will be presented on February 1, IANS reports.

07 Dec 2018

Ministry of Finance

ISB Professor Krishnamurthy Subramanian is the new Chief Economic Adviser

The government appointed Krishnamurthy Subramanian as the new Chief Economic Adviser on Friday.

20 Jun 2018

Arun Jaitley

Chief Economic Adviser Arvind Subramanian quits months before term ends

Indian Chief Economic Adviser (CEA) Arvind Subramanian is quitting and moving to the US due to "pressing family commitments," Finance Minister Arun Jaitley announced today.

25 Nov 2017


CEA Arvind Subramanian: Fewer GST slabs in the future

India's chief economic advisor Arvind Subramanian said Goods and Services tax (GST) may probably have fewer rates in the future after "collapsing" the 12% and 18% tax slabs into one.

17 Nov 2017


Moody's upgrades India's rating citing reforms: What does it mean?

Thirteen years after last upgrading India's sovereign credit rating, Moody's has done it again, this time increasing it to 'Baa2', and changed the outlook to stable from positive.

23 Sep 2017


CEA Arvind Subramanian gets one-year extension

The government has granted a one-year extension to Chief Economic Adviser Arvind Subramanian, whose term was to end in October.

15 Sep 2017


Now, Rajasthan may waive farm loans up to Rs. 50,000

Rajasthan may waive farmers' loans following a 13-day farmer protest in the state.

15 Jun 2017


How economically prudent are farm loan waivers?

Triggered by factors including bad monsoons, farmers across India have been demanding waiver of farm loans from the government.

07 Feb 2017

Union Budget

The core team that drafted the Budget

Finance Minister Arun Jaitley was closely assisted by a team of seven top officials in drafting the Budget for 2017-18.

31 Jan 2017


Arun Jaitley presents Economic Survey 2016-17 to Parliament

Finance Minister Arun Jaitley tabled the Economic Survey 2017-18 prepared by Chief Economic Advisor Arvind Subramanian.