Finance Ministry to nominate Shaktikanta Das to RBI board
The finance ministry is going to nominate Economic Affairs Secretary Shaktikanta Dasto the board of Reserve Bank of India which shows an ease in the relationship of RBI and Finmin.
Few months back when Additional Secretary Ajay Tyagi was appointed to the board in place of then Finance Secretary Rajiv Mehrishi has raised eyebrows in the relationship between two bodies.
The RBI Act mandates that its affairs be governed by a central board of directors and predominantly the senior bureaucrat in the department of economic affairs has been a member of the board.
About Shaktikanta Das Shri Shaktikanta Das is 1980 cadres IAS officer. He served revenue secretary in the Department of Economic Affairs in Ministry. Prior to this he was Fertilizer Secretary in the Department of Chemicals & Fertilizers.