look news india
Today is the last day of Reserve Bank of India’s Shaktikanta Das as RBI Governor. Today i.e. 10th December 2024 is the last day of his tenure. He served as RBI Governor for 6 years. His tenure has been very good. From the Covid pandemic to the global inflation crisis, he has taken many major steps to control inflation as RBI Governor.
Shaktikanta Das gave information about many challenges for RBI
In his last speech on Tuesday, Shaktikanta Das informed about many challenges for RBI. Shaktikanta Das said that the biggest challenge for the Reserve Bank of India (RBI) will be to control inflation. He said that the objective of RBI is to bring inflation under control, which is the most important function for RBI. Outgoing Governor Shaktikanta Das said that CBDC has immense potential, it is the currency of the future.
Shaktikanta Das said that he has no future plans after becoming the governor.
Shaktikanta Das said about the new RBI Governor Sanjay Malhotra that he has extensive experience, I am sure he will give his best. He advised not to consider the issues as unfinished business, but to work in progress. Shaktikanta Das said that he has no future plans after becoming the governor. Now the time has come to think about personal life. He further said that growth can be affected by many factors and not just high rates, ‘As the RBI Governor, it is your job to give me a rating.’ Within the RBI and the MPC, we were confident that our measures were the best option.
What was said in the social media post?
On Tuesday, Shaktikanta Das made five consecutive posts on his official X account, the first of which he wrote, ‘Today I will step down as RBI Governor. Thanks for all your support and well wishes.
Revenue Secretary Sanjay Malhotra will take over as RBI Governor after Shaktikanta Das.
In his second post, he thanked the Prime Minister and wrote, ‘Many thanks to PM Narendra Modi for giving me the opportunity to serve the country as RBI Governor and thanks for his guidance and encouragement. I benefited greatly from his thoughts and ideas. The next tweet is about the Finance Minister, in which he wrote, ‘Heartfelt thanks to FM Nirmala Sitharaman for her continuous support. Fiscal-fiscal coordination was excellent and helped us overcome many challenges during the last six years.
Now Sanjay Malhotra will take command
Revenue Secretary Sanjay Malhotra will take over as RBI Governor after Shaktikanta Das. He has been appointed as the new Governor of RBI. Sanjay Malhotra will be the 26th Governor of RBI. He is a 1990 batch IAS officer of Rajasthan cadre. Became Chairman and MD of REC in November 2020. Before this he was Additional Secretary in the Ministry of Power. Sanjay Malhotra, Secretary, Department of Financial Services (DFS) was nominated as the Director of Reserve Bank of India (RBI) by the Central Government in the year 2022.