Must Read

In-sync: Non-IAS RBI Governors refused but Das made it possible for the Govt

By Indian Mandarins- 27 Aug 2019
208

in-sync:-non-ias-rbi-governors-refused-but-das-made-it-possible-for-the-govt

RBI Governor Shaktikanta Das (Retd IAS:1981:TN) has made it possible for the government what previous non-IAS RBI governors refused to do. RBI hit the headlines after it decided to transfer Rs 1.76 lakh crore in dividend and surplus reserves to the government. It may be underlined that Das, the then Union Finance Secretary, had played a very crucial role during demonetisation/remonetisation.

 

Das, the then Union Finance Secretary, led the mammoth exercise of ensuring adequate printing, distribution and circulation of new currency in addition to the challenges ATM machines faced in terms of last hour calibration during remonetisation.

 

It was not just a coincidence that later NaMo administration rewarded with country’s coveted position of RBI Governor in December 2018 following the resignation of Urjit Patel who lately was at loggerheads with Govt on several issues.

 

Union I&B Minister Prakesh Javadekar said today that there was nothing wrong in it as RBI shares its residue funds with the government for the growth and development of the country.

Previous Article First ever woman DGP Ms Bhattacharya dies
Next Article Coal India: Pramod Agrawal (IAS) selected for CMD post
free stat counter

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.

TOP