Shaktikanta Das is the new RBI Governor


Just a day after Urjit Patel resigned as RBI (Reserve Bank of India) Governor, the Narendra Modi government appointed Shaktikanta Das as the new RBI boss. Das, who served as the economic affairs secretary between 2015 and 2017, has been a strong votary of government’s demonetization exercise. He was the most visible high-profile bureaucrat who openly batted in favour of Modi government’s demonetization exercise, where high-denomination notes of Rs 500 and Rs 1000 were withdrawn from November 8, 2016.

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