RBI Governor: The tenure of current Reserve Bank of India head Shaktikanta Das is ending on December 10. After this, there is a lot of speculation regarding the new governor. Due to Shaktikanta Das meeting Finance Minister Nirmala Sitharaman on Saturday evening, it is being discussed that only the current Governor can get extension in service. If this happens, Shaktikanta Das will become the longest serving RBI governor after Benegal Rama Rao, who held the post for seven and a half years from 1949 to 1957.
The meeting with the Finance Minister lasted for half an hour.
This meeting of Shaktikanta Das in North Block took place a day after the monetary policy meeting. The meeting between Das and Sitharaman lasted for about half an hour. Shaktidas Das has been the Governor of the Reserve Bank for six years. No information has been revealed yet about any possible extension after December 10, whether there is or not.
Shaktikanta Das is the 25th Governor of Reserve Bank.
Shaktikanta Das took charge as the 25th Governor on December 12, 2018, his tenure was extended till 2021. Earlier, he was a member of the 15th Finance Commission and has served as India’s G20 Sherpa. Shaktikanta Das, an Indian Administrative Service officer, has held key positions in central and state governments in areas such as finance, tax administration, industry and infrastructure. During his tenure in the Finance Ministry, he has played a role in preparing eight Union Budgets.
Questions were raised on becoming governor
Questions were also raised on the appointment of Shaktikanta Das as the Governor of the Reserve Bank. It was said that his academic background was not related to economics. He is a postgraduate in Political Science from St. Stephen’s College, Delhi University. If he gets extension in service, it will be his third term. The name of his successor has not been revealed yet, so it seems that there is a possibility of getting extension in service.
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