Former RBI governor Shaktikanta Das appointed as ‘Principal Secretary-2’ to PM Modi

“The Appointments Committee of the Cupboard has authorized the appointment of Shri Shaktikanta Das, IAS (Retired) as Principal Secretary-2 to Prime Minister with impact from the date he assumes the workplace,” stated a central authorities round.

His appointment can be “co-terminus” with the time period of the prime minister or till additional orders, it added.

Shaktikanta Das, who remained RBI’s governor for six years, demitted workplace in December final yr. Sanjay Malhotra took cost because the twenty sixth governor of the apex financial institution.

Who’s Shaktikanta Das?

Shaktikanta Das, 67, is a profession diplomat. He turned the RBI governor in 2018 after Urjit Patel abruptly resigned.

A 1980-batch Tamil Nadu cadre IAS officer, Das, holds a grasp’s diploma in historical past from Delhi’s St Stephen’s School and a postgraduate diploma in public administration from the College of Birmingham.

He was the financial affairs secretary when the federal government scrapped high-value foreign money notes in November 2016.

Additionally learn: In Shaktikanta Das’ farewell message, a ‘large thanks’ to ‘Group RBI’

Das performed a key function when a number of oblique taxes have been merged into one GST, which got here into impact on July 1, 2017.

Because the governor of the apex financial institution, Das is credited with navigating the nation by means of the coronavirus pandemic that upended the world’s financial system by severely crippling provide chains. He confronted difficult occasions in managing the disruptions attributable to the lockdown.

His tenure because the RBI governor was prolonged for 3 years in 2021.

Das joined the Indian Administrative Service in 1980. He has served because the Secretary of the Division of Income and Division of Financial Affairs. Publish-retirement, he was appointed as a Member of the fifteenth Finance Fee and G20 Sherpa of India.

With inputs from PTI