In Of Counsel: The Challenges of the Modi-Jaitley Economy, Arvind Subramanian provides an inside account of his rollercoaster journey as the Chief Economic Advisor to the Government of India from 2014 to 2018. With an illustrious cast of characters, Subramanian's part-memoir, part-analyses candidly reveals the numerous triumphs and challenges of policymaking at the zenith, while appraising India's economic potential through comprehensive research and original hypotheses. This book is a deep dive into the man, the moments, the measures and the means. Charged with the task of restructuring an insecure and fragile economy, Subramanian's trusteeship saw the country through one of the most hotly contested and turbulent periods of economic governance and policymaking in recent decades-from the controversial recall of 85 per cent of circulated currency during demonetization to a complete overhaul in taxation with the introduction of the GST. Subramanian also addresses the overleveraging of public-sector banks, the tenuous development of a systematic relationship between the individual and the state, and the ever-pervasive, life-threatening issues surrounding climate change. In this book, Subramanian opens up for the first time about his own resignation, and critically expands on his previous articles and essays.
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