Arvind Subramanian Reveals True Reason for Exit, GST 28% Slab Disagreement

India
M
Moneycontrol•26-12-2025, 09:51
Arvind Subramanian Reveals True Reason for Exit, GST 28% Slab Disagreement
- •Former CEA Arvind Subramanian denied his 2018 exit was due to government friction, calling it a "natural time" after four years.
- •He cited reduced effectiveness, Arun Jaitley's health, and personal reasons for his departure.
- •Subramanian confirmed disagreements, notably opposing the 28% GST slab and advocating for a simpler three-slab system.
- •He frequently texted Jaitley to remove the 28% slab, expressing disappointment over GST's initial complexity.
- •Subramanian emphasized advisers shouldn't quit if recommendations aren't adopted, highlighting the limits of their role.
Why It Matters: Arvind Subramanian clarified his exit was due to timing and effectiveness, not government friction, despite GST disagreements.
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