CEA Arvind Subramanian to return to US

The Centre's Chief Economic Adviser (CEA) Arvind Subramanian has decided to hang up his boots and return to the United States, Finance Minister Arun Jaitley said on Wednesday.

"He met me over video conferencing and informed me that he would like to go back to the US on account of pressing family commitments. He left me with no option but to agree with him," Jaitley stated in a Facebook post.

It is, however, not yet clear whether the CEA has sought to be relieved immediately or after his term expires on October 14.

Subramanian was appointed as the CEA in 2014 for a three-year term. His term was extended by a year in 2016. Subramanian, in turn, thanked Jaitley for his Facebook post.

"Profoundly grateful & humbled by these extraordinarily generous words by Minister @arunjaitley announcing my decision to return-for personal reasons-to researching & writing. CEA job most rewarding, fulfilling, exciting I have ever had. Many many to thanks (sic)," the CEA tweeted.