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Finance Ministry denies rumours of Arvind Subramanian’s resignation

Posted September 22nd, 2017, 10:17 AM IST

Finance Ministry denies rumours of Arvind Subramanian’s resignation

New Delhi: The finance ministry on Thursday denied reports that the Chief Economic Adviser Arvind Subramanian has resigned.

“Chief Economic Adviser to continue. Story regarding resignation is not correct,’ said finance ministry officials.

Mr Subramanian was appointed as CEA on October 16, 2014 for a term of three years. Without an extension his term would end in October 2019.

In past there have been attack within and outside the government on Indians based outside occupying important positions in the government.

Former RBI governor Raghuram Rajan and former vice chairman of Niti Aayog Arvind Panagariya have faced such criticism.

RSS affiliate Swadeshi Jagran Manch (SJM) had been critical of Mr Panagariya. Infact, Rajiv Kumar, who replaced Mr Panagariya as the new vice-chairman of NITI Aayog in a column last month had said that like Mr Rajan and Mr Panagariya “more such resignations can come”.

Mr Kumar had said that as a result country might witness appointment of individuals with much better understanding of India’s ground realities. Niti Aayog member Bibek Debroy had tweeted similar view.

“The foreign influence wanes, so read the weather vanes. Filthy lucre of a foreign land/Has sullied many a hand/And fogged the brains,” Mr Debroy had tweeted.

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