Ex-RBI Governor Shaktikanta Das Appointed Principal Secretary-2 to PM
In a significant development, the Appointments Committee of the Cabinet has approved the appointment of Shaktikanta Das, former Governor of the Reserve Bank of India (RBI), as Principal Secretary-2 to Prime Minister Narendra Modi. According to an order issued by the government, Das’s appointment will be effective from the day he assumes office, and will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier.
Das retired as RBI Governor in December 2024, after completing his three-year term. He took over as the 25th Governor of RBI in December 2021, succeeding Shaktikanta Das. During his tenure, Das played a crucial role in shaping India’s monetary policy, and was instrumental in navigating the country through the COVID-19 pandemic.
The appointment of Das as Principal Secretary-2 to the Prime Minister is seen as a significant development, given his extensive experience in the financial sector and his understanding of the Indian economy. As RBI Governor, Das was responsible for setting the country’s monetary policy, and was a key advisor to the government on economic matters.
Das’s appointment is also seen as a testament to his reputation as a highly respected and credible economist. During his tenure as RBI Governor, Das was known for his ability to navigate complex economic issues, and was widely respected for his independence and integrity.
As Principal Secretary-2 to the Prime Minister, Das will be responsible for advising the Prime Minister on a range of economic and financial matters. He will also be responsible for coordinating the work of various government departments and ministries, and will play a key role in shaping the government’s economic agenda.
Das’s appointment comes at a time when the Indian economy is facing significant challenges, including a slowdown in economic growth and high levels of inflation. As a seasoned economist with extensive experience in the financial sector, Das is well-equipped to provide advice to the government on how to address these challenges and promote sustainable economic growth.
The appointment of Das as Principal Secretary-2 to the Prime Minister has been welcomed by economists and experts, who see it as a positive development for the Indian economy. “Das’s appointment is a significant development, given his extensive experience in the financial sector and his understanding of the Indian economy,” said Dr. Ashima Goyal, a well-known economist and member of the RBI’s Monetary Policy Committee. “He will be able to provide valuable advice to the government on how to address the country’s economic challenges.”
Das’s appointment is also seen as a testament to the strong relationship between the RBI and the government. “The appointment of Das as Principal Secretary-2 to the Prime Minister is a recognition of the strong relationship between the RBI and the government,” said Dr. Rupa Rege Nitsure, an economist and former member of the RBI’s Monetary Policy Committee. “It is a testament to the government’s commitment to working closely with the RBI to promote sustainable economic growth and financial stability.”
In conclusion, the appointment of Shaktikanta Das as Principal Secretary-2 to Prime Minister Narendra Modi is a significant development for the Indian economy. With his extensive experience in the financial sector and his understanding of the Indian economy, Das is well-equipped to provide valuable advice to the government on how to address the country’s economic challenges. As Principal Secretary-2 to the Prime Minister, Das will play a key role in shaping the government’s economic agenda, and will be responsible for advising the Prime Minister on a range of economic and financial matters.
