Economics
India Names Banking Reforms Expert as Top Economic Adviser
- Subramanian backed the cash ban move by Prime Minister Modi
- His appointment is for a three-year period, government says
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India named Krishnamurthy Subramanian, a banking sector expert and backer of Prime Minister Narendra Modi’s demonetization exercise, as the government’s chief economic adviser.
Subramanian, a professor of finance at one of India’s leading management schools who earned his doctorate from the University of Chicago Booth School of Business, will hold the position for three years, the government said in a statement on Friday. He succeeds Arvind Subramanian, who quit the position in June 2018 to return to the U.S.