RBI governor Shaktikanta Das

Govt extends Shaktikanta Das’s Tenure By 3 More Years

The Appointments Committee of Cabinet headed by Prime Minister Narendra Modi issued an order stating reappointment of the current Reserve Bank of India (RBI) Governor Shaktikanta Das for another three years upto December 2024. Das was appointed the RBI’s 25th governor on December 11, 2018, initially for a period of three years. An official order dated November 28 said the government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021. With the second term of three years, Das will head the RBI till December, 2024. 

Who is Shaktikanta Das?

A retired 1980 batch IAS officer, Shaktikanta Das is currently serving as the 25th governor of the Reserve Bank of India. Before he was appointed RBI Governor, he worked at various positions for both the Central government as well as state governments.

He was also the former Revenue Secretary and was a member of the 15th Finance Commission and G20 Sherpa of India. Having experience of more than 38 years in various areas, Das has held important positions in the field of finance, taxation, infrastructure, and industries. Apart from that, he has also represented India at various international forums such as IMF, BRICS, and SAARC.

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Das has also served as an Alternate Governor in the World Bank, Asian Development Bank (ADB), New Development Bank (NDB), and Asian Infrastructure Investment Bank (AIIB). During his long tenure in the finance ministry, he has directly worked with the preparation of around eight Union budgets.

Meanwhile, the Reserve Bank of India has kept its benchmark rates unchanged fir the eighth time in a row during its monetary policy review in October.

Credit: PTI

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