New Delhi, June 20: Reacting to Chief Economic Advisor (CEA) Arvind Subramanian’s decision to quit his post, the Congress took a swipe at the Centre, saying financial experts of the government were completely fed up by its “colossal economic mismanagement”.
“Financial experts of Modi government are completely fed up by its colossal economic mismanagement, tepid economic reforms and financial anarchy. CEA Arvind Subramanian’s resignation, after the stepping down of Niti Aayog’s Arvind Panagriya and RBI Governor Raghuram Rajan, comes as no suprise,” Congress leader Randeep Singh Surjewala tweeted.
'Financial Experts' of Modi Govt are completely fed up by its Colossal Economic Mismanagement, Tepid Economic Reforms & Financial Anarchy.
CEA, Arvind Subramanian's resignation after the stepping down of Niti Aayog's Arvind Panagriya & RBI Gov Raghuram Rajan comes as no suprise!
— Randeep Singh Surjewala (@rssurjewala) June 20, 2018
Earlier in a day, Union Minister Arun Jaitley took Facebook to inform that Subramanian’s term would not be extended as he wants to go back to the US due to family commitments. Subramanian had joined as the CEA on October 16, 2014 for a period of three years.
Subramanian, a Senior Fellow at the Peterson Institute for International Economics, was appointed as India’s Chief Economic Adviser (CEA) in October 2014.
His term was for three years, which was to end on October 16, 2017. He had got an extension of one year in September last year.