New Delhi, February 23, 2025— In a significant move, the Government of India has appointed Shaktikanta Das, former Governor of the Reserve Bank of India (RBI), as the Principal Advisor to Prime Minister Narendra Modi. This new role will see Mr. Das, an esteemed officer of the Indian Administrative Service (IAS), use his vast experience in economic policy and financial governance to guide key decisions within the Prime Minister’s Office.
Mr. Shaktikanta Das, a 1980-batch IAS officer from the Tamil Nadu cadre, served as RBI Governor from 2018 to 2024. Throughout his distinguished career, he has played a crucial role in steering India through pivotal financial reforms and global economic challenges. His appointment underscores the government’s focus on strengthening its economic decision-making framework with expert leadership.
During his tenure as RBI Governor, Mr. Das was instrumental in managing the nation’s monetary policy, stabilizing financial markets, and ensuring economic resilience, particularly during the turbulent period of the pandemic. His leadership in inflation control, interest rate management, and financial regulation earned him widespread recognition.
In his new role, Mr. Das will work closely with Prime Minister Modi, providing strategic guidance on a wide range of economic and financial matters, including fiscal reforms, policy initiatives, and international economic relations.
This appointment highlights the government’s commitment to leveraging the expertise of seasoned professionals like Mr. Shaktikanta Das to steer India’s economic future. As the nation faces emerging economic challenges, his advice will be pivotal in crafting policies that promote sustainable growth and global competitiveness.
