India’s Top Economic Adviser to Step Down Weeks Before Budget

India’s Chief Economic Adviser Krishnamurthy Subramanian plans to return to academia when his three-year term ends, just weeks before the presentation of an annual state-of-the-economy survey and before the government starts preparation for its annual budget.

Subramanian, who was a professor of finance at one of India’s leading management schools, announced his decision to step down in a Twitter post Friday. His term ends in December ahead of the Economic Survey and the federal budget in January-February.