India unveils Arvind Subramanian as chief economic adviser

US-based economist Arvind Subramanian became chief economic adviser to the Indian government on Thursday, confirming the appointment of the development economist whose candidacy first emerged in August.Subramanian, a senior fellow at the Peterson Institute for International Economics in Washington, attended a newsconference in New Delhi at which his appointment was announced.He is a development economist who worked closely with Reserve Bank of India Governor Raghuram Rajan when both were at the International Monetary Fund.