Former Reserve Bank of India Governor Shaktikanta Das has been appointed Principal Secretary to Prime Minister Narendra Modi. His appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier. The tenure of the government think tank NITI Aayog’s CEO BVR Subrahmanyam has also been extended by a year, beginning February 24, 2025. Mr Das was RBI chief for six years beginning December 2018. He has vast experience in various areas of governance in four decades. He spearheaded a series of measures to support growth and strengthen India’s financial stability. 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. The retired Indian Administrative Service (IAS) officer of the 1987-batch was appointed NITi Aayogs CEO for two years in February 2023.
