Govt terminates services of IMF ED K V Subramanian 6 months ahead of tenure
New Delhi, May 4 (PTI): Six months ahead of his three-year tenure, the government has terminated the services of K V Subramanian as the executive director at the International Monetary Fund (IMF), sources said on Saturday.
The Appointments Committee of the Cabinet has terminated Subramanian's services effective April 30, 2025, they added.
The reasons for Subramanian's exit have not been officially announced.
The sources said the government would soon find his replacement to be nominated to the IMF board.
According to the sources, Subramanian is learnt to have raised questions about the IMF's datasets, which did not go down well in the corridors of the multilateral agency.
Besides, the sources said, concerns were raised over an "alleged impropriety" relating to the promotion and publicity of his latest book, "India @ 100".
Subramanian was appointed as the executive director (India) at the IMF with effect from November 1, 2022 for a period of three years. Prior to this, he served as the chief economic adviser to the government.
The executive board of the IMF is composed of 25 directors (executive directors or EDs) elected by the member countries or groups of countries.
India is in a four-country constituency, along with Bangladesh, Sri Lanka and Bhutan as members.
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Fire at mass marriage event attended by Dy CM Shivakumar, nobody affected
Raichur (Karnataka) (PTI): Fire broke out near the stage of the mass marriage event that was attended by Deputy Chief Minister D K Shivakumar here, police said on Sunday.
Nobody was affected, and the fire was immediately put out, they said.
The fire was noticed shortly after Shivakumar and other dignitaries left the stage, and Forest Minister Eshwaran Khandre was speaking to the media at the venue in Sindhanur, officials said.
According to officials, wires, speakers, and cloth materials near the stage caught fire, allegedly due to a short circuit.
Police personnel present at the spot quickly swung into action and extinguished the fire.
The programme was halted for some time and resumed later, they said.
Several ministers, legislators and political leaders from the region, and actor Sudeep had attended the event.
