RBI Governor Shaktikanta Das was reappointed as the central bank chief for a period of three years on Friday. The Appointments Committee of the Cabinet approved his extension.
This re-appointment will be effective from December 10, 2021, or until further orders, whichever is earlier, as per the ACC.
RBI’s Shaktikanta Das is a former Secretary, Department of Revenue and Department of Economic Affairs at the Ministry of Finance.
Moreover, he had assumed charge as the 25th Governor of the Central Bank of India on December 12, 2018.
Just before his current assignment, Das was also acting as Member, 15th Finance Commission, and G20 Sherpa of India. A sherpa is a personal representative of a head of state or head of government who prepares for international summits like this one.
He holds the experience of being directly associated with the preparation of as many as 8 Union Budgets in India.
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RBI’s Shaktikanta Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank (ADB), New Development Bank (NDB), and Asian Infrastructure Investment Bank (AIIB).
Not only this, but Mr Das has also represented India at the IMF, G20, BRICS, SAARC, among others.
Furthermore, the next round of the G20 Sherpa meetings is from October 28 to 30. On Thursday evening, Prime Minister Narendra Modi said that he would travel to Rome between October 29 and 31 to attend the G20 leaders’ summit.
This will be the first in-person meeting after the Covid-19 pandemic. Union Minister Piyush Goyal was appointed as India’s Sherpa to the G20 in September this year.
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