TIL Desk/Business/New Delhi/ The government on Friday appointed ISB Hyderabad professor Krishnamurthy Subramanian as Chief Economic Adviser for a period of three years. The post of CEA had been lying vacant since Arvind Subramanian left the finance ministry after a four-year stint in July this year.
“The Appointments Committee of the Cabinet (ACC) has approved for the appointment of Dr Krishnamurthy Subramanian, Associate Prof. and ED (CAF), ISB, Hyderabad, to the post of Chief Economic Adviser,” said a government notification. His appointment will be for a period of three years, it said.
An IIT-IIM alumnus, Subramanian holds PhD (Financial Economics) from Booth School of Business, University of Chicago, the US. The government had invited applications for the post CEA in July. The key responsibilities of the CEA include providing policy inputs on industrial development and foreign trade,conducting analysis of trends in industrial production and releasing statistical information on key economic indicators. It could not be ascertained immediately when the new CEA would assume office.
