Principal Economic Adviser to Department of Economic Affairs Ila Patnaik is said to have suddenly proceeded on leave from November 2. It has triggered a lot of speculation and gossip in the Union Finance Ministry. May it be recalled that she had succeeded and replaced Deepak Dasgupta in April 2015, a little ahead of the arrival of the Modi administration.
Before she joined the Finance Ministry, Ms Patnaik served as RBI Chair Professor, National Institute of Public Finance and Policy (NIPFP). She also served as consulting editor of an English daily in New Delhi.