New Delhi | Union government’s policy think NITI Aayog’s CEO Amitabh Kant on Wednesday welcomed the appointment of Shaktikanta Das as the new Governor of Reserve Bank of India (RBI).
Speaking to media, Kant said,” Shaktikanta Das is a very sensible & forward-looking officer. He has been in the revenue and finance department and handled budgets of the government of India. He’ll add immense value to RBI as far as its independence and autonomy is concerned.”
Amitabh Kant, NITI Aayog CEO on Shaktikanta Das being appointed RBI Governor: He is a very sensible & forward-looking officer. He has been in the revenue & finance dept & handled budgets of GoI. He’ll add immense value to RBI as far as its independence & autonomy is concerned. pic.twitter.com/gUk9seXeQV
— ANI (@ANI) December 12, 2018
Earlier on December 11, Shaktikanta Das was appointed the new governor of the Reserve Bank of India (RBI) for 3 years, a day after Urjit Patel gave in his resignation from the position. The Department of Personnel Training stated in a statement, “The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shri Shaktikanta Das, IAS Retd. (TN:80), former Secretary, Department of Economic Affairs, as Governor, Reserve Bank of India (RBI) for a period of three years”.
Shaktikanta saw fire for his pro-demonetisation stance and he was the most visible and vocal bureaucrat at the time PM Modi withdrew the high-value banknotes in 2016, as per the Reuters. He was earlier seen to be as one of the top contenders for the same position after the exit of Raghuram Rajan, Urjit Patel was selected for the top job.
The former IAS officer of the Tamil Nadu cadre has also been critical of rating agencies for denying India a sovereign upgrade.
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