The Government appointed Mr. Shaktikanta Das, as the Governor of Reserve Bank of India for a period of three years. The Appointments Committee of the Cabinet approved Mr. Das’s appointment for a threeyear period. Accordingly, the order was issued by the Department of Personnel and Training to this eﬀect.
- Das retired as Secretary, Department of Economic Aﬀairs (DEA) in 2017
- Das was the face of the Government during the demonetization exercise and used to brief the media almost on a daily basis during the period November 9 and December 31, 2016.
- Under the current stormy relationship between the Finance Ministry and RBI in recent times, Das may be able to smoothen the strained relationship
- He has been on the RBI board in his capacity as the DEA Secretary and the DEA is seen as the bridge between the Finance Ministry and the RBI.
- Das is a postgraduate in History and was involved in the preparation of over a half a dozen Budgets during the present and previous Governments.
- He was also instrumental in preparing the ground for the Goods and Services Tax (GST).
- Das hails from Odisha and is a Tamil Nadu cadre IAS oﬃcer, and retired after 37 years of services.
- Postretirement, the Centre appointed him as the Sherpa for the G-20 summit and also nominated him on the 15th Finance Commission.
- On previous occasions, IAS officers like D Subbarao, Raghuram Rajan, YV Reddy, RN Malhotra, and S Venkitaramanan were also appointed as Governors who were Civil Servants.