The decision marks a rare mid-term exit for an Indian IMF director, with the government yet to name a successor.
The Indian government has ended the tenure of Krishnamurthy V. Subramanian, its representative at the International Monetary Fund (IMF), before the scheduled completion of his three-year term. Subramanian, who was appointed in 2022, has been relieved of his duties following an order issued by the Appointments Committee of the Cabinet (ACC) on April 30, 2025.
According to the official order, “the termination of services of Dr. Krishnamurthy Subramanian as Executive Director (India) at the IMF has been approved with immediate effect.”
Subramanian, who earlier served as India라이브 바카라 Chief Economic Adviser (CEA) from 2018 to 2021 and holds a PhD in financial economics from the University of Chicago Booth School of Business.
As reported by The Indian Express, two issues may have contributed to the decision: Subramanian라이브 바카라 internal criticism regarding the accuracy and credibility of IMF datasets, and concerns over the publicity surrounding his recent book 'India @ 100', which reportedly caused discomfort among IMF leadership. In an earlier interview with PTI, Subramanian had said, “From the vantage point that I’ve been sitting on the IMF board, I have no hesitation in saying the world is bullish on India,” citing global recognition of India라이브 바카라 public digital infrastructure and its record on inclusive growth. No official reason has been given by the government yet
Following the government라이브 바카라 decision, Subramanian canceled his scheduled participation at a U.S. investment conference on May 2, citing “exigencies,” and by May 3, his profile was removed from the IMF라이브 바카라 official website.
This development comes just ahead of an important IMF Board meeting set for May 9, where India is expected to oppose fresh financial assistance to Pakistan, raising concerns over terror financing, particularly in light of the April 22 attack in Pahalgam, Jammu & Kashmir, which killed 26 tourists.