India Removes ED Dr. Subramanian from IMF; Resignation Six Months Before Term. Crucial Decision Made Ahead of Pakistan Funding Meeting on May 9.
IMF KV Subramanian Fired: The Indian government has terminated the services of Dr. Krishnamurthy Subramanian, India's Executive Director at the International Monetary Fund (IMF), with immediate effect. This decision comes ahead of a crucial IMF meeting on May 9th, which will review a proposal to provide additional funding to Pakistan.
Resignation Before Term Completion
Dr. Subramanian was appointed as India's Executive Director at the IMF in August 2022. He assumed office on November 1, 2022, with his term scheduled to end in November 2025. However, he has resigned six months ahead of schedule. While the government has not issued an official statement regarding the reasons for his sudden removal, speculation regarding strategic reasons is rife.
ACC Approves Termination of Services
India's Appointments Committee of the Cabinet (ACC) issued an order on April 30, 2025, approving the termination of Dr. Subramanian's services. As of May 3rd, the seat representing India, Bangladesh, Bhutan, and Sri Lanka is shown vacant on the IMF's official website.
Decision Made Ahead of IMF Meeting on Pakistan Funding
The IMF's board meeting on May 9th is to consider a proposal for providing additional financial assistance to Pakistan. It is believed that India will bly object, citing concerns about funding of terrorism.
Dr. Subramanian's departure is being linked to this strategy. Sources suggest India may openly oppose aid to Pakistan at this meeting.
Recent Terrorist Attack Heightens India's Anger
A terrorist attack in Pahalgam, Jammu and Kashmir, on April 22, 2025, resulted in the deaths of 26 innocent civilians. This incident has further heightened tensions between India and Pakistan. India's stance is clear: terrorism should not receive any form of international support, be it economic or political.
Subramanian's Background
Dr. Subramanian served as India's Chief Economic Advisor from 2018 to 2021. He is known for his significant role in shaping the country's economic policies and major reforms. He was entrusted with representing India at the IMF in November 2022. His sudden removal has caused ripples in political and economic circles.
