Zee Media Bureau
The government on Thursday appointed US-based economist Arvind Subramanian as Chief Economic Advisor.
The post of CEA has been lying vacant for over a year now after Raghuram Rajan took over as RBI Governor on September 4 last year.
The Finance Ministry has presented an interim Budget and a full fledged Budget without a formal CEA in office.
Subramanian, an alumnus of IIM-Ahmedabad, is the Dennis Weatherstone senior fellow at the Washington-based Peterson Institute for International Economics.
A graduate from St Stephens College, Subramanian has been advising the Indian government in different capacities and has been a member of the Finance Minister's Expert Group on the G-20.
Recently, he criticised the Indian government's decision to derail a WTO deal struck last year to streamline trade procedures by tying it to a separate controversy over food subsidies.