Former RBI Governor Shaktikanta Das appointed Principal Secretary to PM

STC NEWS DESK
NEW DELHI, FEBRUARY 22 (STC): Shaktikanta Das, former Reserve Bank of India Governor, has been appointed Principal Secretary to Prime Minister Narendra Modi, a government notification said today.
According to the appointments committee of the cabinet, appointment of Shantikanta Das will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier.
Das was RBI chief for six years beginning December 2018. He has vast experience in various areas of governance in four decades. He has held important positions in the central and state governments in the areas of finance, taxation, industries, infrastructure, etc.
His tenure as RBI Governor during the COVID-19 pandemic was most challenging and he steered the central bank’s pandemic response through several conventional, unconventional, and innovative policy measures spanning monetary policy, liquidity conditions, and regulatory policies to preserve financial stability while mitigating the adverse effects of the pandemic on the economy. This won him a series of accolades. (STC)