Krishnamurthy Subramanian was on Friday named as the new Chief Economic Adviser (CEA) for a period of three years. He will succeed Arvind Subramanian, who stepped down from his post in June this year. Hailing from Hyderabad, Subramanian is an alumnus of IIT Kanpur and IIM Calcutta. Krishnamurthy obtained his MBA and PhD in Financial Economics at the University of Chicago Booth School of Business under the advice of Professor Luigi Zingales and Professor Raghuram Rajan (former CEA and RBI governor). Krishnamurthy had hailed the Centre’s 2016 budget as an excellent budget for rural India, calling it a ‘budget for Bharat’.

Source: Indian Express December 07, 2018 11:37 UTC