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Arvind Subramanian new CEA?

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New Delhi: As the grapevine has it, US-based economist Arvind Subramanian is poised to be named the Chief Economic Adviser in the Narendra Modi government.

If confirmed, the appointment would bring in a second economist of international renown to a key policy post following the naming of former International Monetary Fund chief economist Raghuram Rajan as the Central Bank chief last year.

The appointment of Subramanian, a senior fellow at the Peterson Institute for International Economics, was recommended by Finance Minister Arun Jaitley. Cabinet-level approval is expected to follow.
 

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