On November 28, 2014, Chander had been given an 18-month extension to allow him to head DRDO till May 31, 2016.
Earlier, the United Progressive Alliance (UPA) government had appointed Chander for a three-year term, starting from June 1, 2013, though he had already been given two extensions of service.
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"I am also hearing about this in the media. However, neither the DRDO, nor I personally have received any intimation of my contract termination", said Chander.
Defence ministry spokesperson Sitanshu Kar also stated that he had no knowledge of any such decision.
Rumours about the DRDO chief's likely removal have swirled since the National Democratic Alliance (NDA) government took charge in May.
At the time, it was widely reported that Chander's employment would be terminated on November 30, 2014, when he would reach the age of superannuation, i.e. 65 years.
Expectation of change was further fuelled on Modi's first visit to the DRDO on August 20, when he publicly criticised the DRDO's "chalta hai" (anything goes) attitude, and suggested it empower younger scientists.
However, that expectation was belied in November, when Chander was given an 18-month contract to continue till May 2016.
Top government sources told Business Standard there was no pending investigation or chargesheet against Chander.
Chander, a missile guidance expert, is one of DRDO's most accomplished scientists and a key member of the core team of APJ Abdul Kalam.
As Director of the Advanced Systems Laboratory, Hyderabad, Chander played a key role in evolving the Agni from a 1,500-kilometre missile that was of practical use only against Pakistan (targets in China are all beyond this range) to a 3,500 kilometre range missile that was India's first viable deterrent against China.
In 2013, as the chief controller of the DRDO's missile programme, Chander oversaw the development of the 5,000-kilometre Agni-5 missile and the K-15 submarine launched ballistic missile.
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