The center government has re-appointed Shaktikanta Das as the Governor of the Reserve Bank of India (RBI) for a period of three years. He will now serve till 2024.
Shatikanta Das’ re-appointment as the top banker of the country will come into effect from December 10, or until further orders, whichever is earlier, the official notification said.
“The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier,” an official statement stated.
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Das, a 1980-batch Tamil Nadu cadre IAS officer, who retired as Economic Affairs Secretary in May 2017, oversaw the re-monetization of the economy after the shock decision to withdraw 86 per cent of the currency in circulation in November 2016. After his retirement, he was named India’s G-20 sherpa and also appointed as a member of the 15th Finance Commission.
Das was first appointed RBI Governor on December 11 2018. Prior to this he was the department of economic affairs secretary in the Finance Ministry.
Earlier, he also served as secretary in the Department of Revenue and Department of Economic Affairs, Ministry of Finance. He was directly associated with the preparation of 8 Union Budgets.
Das has accumulated vast experience in governance in the last 38 years and has also held important positions in state governments in the areas of finance, taxation, industries, infrastructure, etc.
(With inputs from ANI)
