New Delhi, May 5 (PTI) on Monday said the International Monetary Fund said that the termination of the services of Executive Director KV Subramanian was a decision taken by the Government of India.
The Government of India has abolished Subramanian services six months before its three -year term. The expiration was effective from April 30, 2025. However, the reasons for the exit of Subramanian have not been officially declared.
The IMF spokesman said, “Appointment and expiration of any member of the Executive Board is a decision for member countries.
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According to sources, his latest book, ‘India@100: Yesterday’s intensification Tumoro Economic Powerhouse’ raised concerns over a “allegedly impervious” related to the promotion and promotion of Tumoro Economic Powerhouse.
It is also alleged that Subramanian used his official post to pressurize some institutions to buy his book.
Subramanian was appointed as Executive Director (India) in the IMF with an impact from November 1, 2022 for a period of three years. Earlier, he served as the Chief Economic Advisor to the government.
The Executive Board of IMF is composed of 25 directors (Executive Directors or ED) selected by member countries or groups from countries.
India is in a four -country constituency, as well as members with Bangladesh, Sri Lanka and Bhutan. PTI DP HVA
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