Business

CEA Arvind Subramanian gets one-year extension

23 Sep 2017 | By Gogona Saikia
An extension for CEA Arvind Subramanian

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

The announcement comes even as the economy dipped to a three-year low (5.7%) in Q1 of FY 2017-18.

Subramanian was actively involved in the drafting of the GST Act.

He had succeeded Raghuram Rajan in 2014, after the latter quit to become RBI governor.

In context: An extension for CEA Arvind Subramanian

23 Sep 2017CEA Arvind Subramanian gets one-year extension

Who is Arvind Subramanian? A profile

Subramanian is a St Stephen and IIM-Ahmedabad alumnus. He then got an M.Phil and D.Phil from Oxford University and was a senior fellow at the Peterson Institute for International Economics. In 2011, Foreign Policy magazine named him one of the world's top 100 global thinkers.
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Balance is key to maintaining responsibilities well, says Subramanian

SecretBalance is key to maintaining responsibilities well, says Subramanian

Subramanian, who lives in a two-storey, six-bedroom house in Delhi's New Moti Bagh, says one of the trickiest things about his profile is maintaining a balance: a consummate insider plus an innovative outsider.

He feels he has done it well enough.

The CEA is now planning to produce a "big book" on global development, on the lines of Jared Diamond's 'Guns, Germs, and Steel'.