New Delhi, Oct. 16: US-based economist Arvind Subramanian today took over the charge of new Chief Economic Advisor to the Government of India.
“It’s an honor and privilege to serve in a government that has mandate for reforms and change,” said Subramanian.
“For any economy like India, the two big things are macroeconomic stability and creating the conditions for rapid investment and growth, while of course creating opportunities for all segments of society,” he added.
Subramanian’s selection as India’s Chief Economic Advisor came on the day when Prime Minister Narendra Modi unveiled a host of schemes to initiate labour reforms like the ‘Pandit Deendayal Upadhyay Shramev Jayate’ scheme, under which the labourers will get a unique Labour Identification Number, the LIN, to help facilitate their online registration.
The post of the Chief Economic Advisor was lying vacant since September last year, when Raghuram Rajan had left his position to become the new Reserve Bank of India (RBI) Governor.
Rajasthan Chief Secretary Rajiv Mehrish has replaced Arvind Mayaram as the new Finance Secretary after the latter was today transferred to the Tourism Ministry
