Politics

Disappointed by Subramaniam’s decision,but not surprised: P Chidambaram

New Delhi | Former Finance minister P Chidambaram on Wednesday said that he was disappointed, but not surprised after Arvind Subramaniam stepped down as the Chief Economic Advisor citing ‘family commitments’.

In a series of tweet, the Congress leader said “I am disappointed, but not surprised, that Dr Arvind Subramanian has decided to leave the government before the end of his term.Dr Arvind Subramanian was either not consulted or his views were brushed aside on many important issues. It is no longer a secret that the CEA was not consulted before demonetisation.”


“The CEA’s views on GST rates and his report on the Revenue Neutral Rate (RNR) were rudely brushed aside and, as a result, we have an animal that is not GST.” he added.


Chidambaram hoped that Subramaniam would return and serve under a future government. He thanked Dr. Arvind Subramanian for describing the UPA years of 2005-2010 as the “boom period” of the Indian economy.

Earlier on Wednesday Union Minister Arun Jaitley in a Facebook post announced about Arvind Subramaniam’s decision of returning to the United States of America (USA) due to “pressing family commitments.

“Few days ago, Chief Economic Advisor Arvind Subramanian met me over video conferencing. He informed me that he would like to go back to the US on account of pressing family commitments. His reasons were personal but extremely important for him. He left me with no option but to agree with him,” said Jaitley.

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