Renowned Economist Poonam Gupta has been entrusted with the one of the top most responsibilities in the RBI as its Deputy Governor succeeding Michael Patra.
The Union Government has appointed renowned economist Poonam Gupta as the Deputy Governor of the Reserve Bank of India (RBI) for a three-year tenure. Her appointment comes just ahead of the upcoming monetary policy meeting, making it a significant development given her extensive experience in monetary policy research and fiscal policies.
Poonam Gupta takes over from Michael Patra, who was in charge of the Monetary Policy Department. Patra’s tenure ended on January 14.
Currently, she serves as the Director General of the National Council of Applied Economic Research (NCAER)—India’s largest economic policy think tank. Additionally, she is a member of the Economic Advisory Council to the Prime Minister and the convenor of the advisory council to the 16th Finance Commission.
Her appointment is expected to bring valuable insights into RBI’s policy framework, strengthening India’s economic governance.
