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 notice, “The Appointments Committee of the Cabinet has approved the termination of services of Dr. Krishnamurthy Subramanian as Executive Director (India) at the IMF with immediate effect.”

Subramanian, who earlier served as India’s 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: Subramanian’s 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 India’s public digital infrastructure and its record on inclusive growth. No official reason has been given by the government yet