Chief Economic Advisor Arvind Subramanian has decided to quit the job, with close to a year of his tenure remaining, and return to the US for "very compelling reasons" – the second high profile exit from in less than a year. He said he would leave the office within the next two months even though his contractual term was co-terminus with the government.

Subramanian was appointed as CEA, finance ministry, on October 16, 2014, for a three-year term and was given an extension last year. "My departure from this job for entirely personal reasons. It is no secret that we are expecting our first grandchild in the early September. That's a very compelling reason that takes us back to old life of that used to lead of researching, writing, teaching and reflecting above all," he said. Subramanian's official contract was till May 2019. "The first person I mentioned this to was the Prime Minister after consulting Mr (Arun) Jaitley," he said, while expressing that this was the best job he ever had and probably ever will.