India, May 4 -- Krishnamurthy V Subramanian has been abruptly asked to step down from his role as the Executive Director at the International Monetary Fund by the government, six months before his tenure was due to end.

Subramanian was appointed to the post at the IMF in 2022 and had previously served as the chief economic adviser to the Government of India. The reasons behind his termination were not immediately known.

Krishnamurthy V Subramanian, before his posting at the global financial agency, served as the youngest Chief Economic Advisor in India from 2018 to 2021. During his tenure as the CEA, Subramanian "instituted policy that led to India emerging from the once-in-a-century Covid crisis with strong macroeconomic fundamentals,"...