Chief Economic Adviser Krishnamurthy Subramaniam has decided to return to academia after completing his three-year term in early December.
“It is an absolute privilege to have the opportunity to serve our country! Being provided with the opportunity to contribute in an era of tremendous uncertainty and change has been the lucky piece on the cake. Therefore, being mindful of the immense privilege bestowed upon me, I will happily return to serve the country as a researcher after fulfilling my three-year commitment,” he said in a statement on Friday.
An IIT Kanpur and IIM Calcutta alumnus, Mr Subramaniam was a professor at the Indian School of Business before his appointment as the CEA in December 2018. The post of CEA was vacant for a few months after his predecessor Arvind Subramaniam left. personal reasons’.
The CEA thanked Prime Minister Narendra Modi for being a ‘keen listener’ with an intuitive understanding of economic policy, Finance Minister Nirmala Sitharaman for allowing economic surveys to be presented freely, and officials from ministries for their reference. Thanks for being receptive. Support ideas as well as challenge them.
“In nearly three decades of my professional life, I have not yet found a more inspiring leader than the Hon’ble Prime Minister Shri Narendra Modi ji. His innate understanding of economic policy is to use the same to uplift the lives of ordinary citizens. with an unmistakable determination to do so,” the CEA said of his experiences with the PM.
“The significant change in India’s economic thinking post-pandemic – the adoption of ethical wealth creation by, inter alia, empowering the private sector and economic reform driven by government capital expenditure – testifies to his leadership. His deep listening, coupled with the freedom to speak his mind which he instinctively encouraged, enables such unprecedented change. On several occasions, I walked out inspired after a meeting with him – only a real leader can achieve such a feeling,” said Mr. Subramaniam.
Describing Finance Minister Nirmala Sitharaman as a ‘scholar at heart’, he said her ‘sense of humor and easy way’ play a vital role in enabling a healthy debate in the North Block meetings’ which is much needed amid the change of era. Is’.
Signing off, the CEA said: “India is witnessing a dramatic transformation. After all, as my late father dreamed and worked hard for it, a man who was the first in his entire clan to step into the holy portal of a university, gets the honor of serving the nation. Such an opportunity to “live the Indian dream” appears under a leader who is equally proud of his humble origins. Such a scholar comes praising the leader, symbolizing an India where there is merit and entitlement is gone. ”
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