Arvind Subramaniam, the Chief economic advisor, has stepped down abruptly, citing family commitments. Team Modi loses another star economists.
Subramaniam was named among the world's top 100 thinkers by foreign policy magazine in 2011. He is the second marquee name from Modi's economic team to abandon ship. His exit also comes at a challenging moment for team Modi, a year before the next general elections, the Indian economy is in a bit of rough patch , with a weak rupee, rising fuel & food prices, and a widening current account deficit. We all have to see how it works out.