Raghuram Rajan’s student Krishnamurthy Subramanian is new Chief Economic Advisor

The post had been lying vacant after Arvind Subramanian left it after a four-year stint.

Krishnamurthy Subramanian.

The Appointments Committee of the Cabinet has approved the appointment of Krishnamurthy Subramanian as the new Chief Economic Adviser for a period of three years, according to an official notification issued on Friday.

Mr. Subramanian, who did his Ph.D from the University of Chicago Booth School of Business in 2005 under Luigi Zingales and former CEA and RBI Governor Raghuram Rajan, is also an alumnus of IIT-Kanpur and IIM-Calcutta. He is now an associate professor at the Indian School of Business, Hyderabad.