Former Tata Consultancy ServicesBSE -1.96 % vice-chairman S Ramadorai has resigned as the Chairman of National Skill Development Agency (NSDA) in the rank of a Cabinet Minister and also the as the chief of National Skill Development Corporation (NSDC).

According to sources Ramadorai had put his papers citing health issues late September to the Prime Minister's office, which was subsequently accepted. This comes at a time when rumor mill is heating up on Ramadorai potentially replacing Cyrus Mistry as Tata Sons Chairman.

Sources add Ministry of Skill Development And Entrepreneurship, Secretary, Rohit Nandan will discharge the duties of interim Chairman of NSDA at the moment. News agency PTI adds that the NSDC board is likely to meet tomorrow to discuss the future road map post the resignation. Read more at: http://economictimes.indiatimes.com/