Arvind Subramanian, Chief Economic Advisor in the Ministry of Finance, . was seen as ‘arrogant’ but ‘gutsy’ by his friendly neighbours in the North Block. He has often ruffled feathers since he joined in October 2014 as he went about changing the role of the CEA – twin balance-sheet, conceptualised JAM (Jan Dhan, Aadhar, Mobile), revenue-neutral rate for GST, rationalisation of removal of “subsidies for the rich”, universal basic income, climate change, and a focus on public spending as a means to spur the economy. His decision to exit comes several months ahead of the expiry of his contract […]
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