New Delhi, May 2 (IANS). The new deputy governor of the Reserve Bank of India (RBI), Dr. Poonam Gupta, took over on Friday and will now be part of the Central Bank’s Monetary Policy Committee (MPC).
The central government appointed him to the post of deputy governor on 2 April. From the day of taking office, his tenure will remain for three years or further order.
Dr. Gupta’s expertise will be important amidst global economic challenges and ups and downs inflation rates.
According to an RBI statement, Dr. Gupta will take over as Deputy Governor, Monetary Policy Department, Financial Market Operations Department, Economic and Policy Research Department, Department, International Department, International Department, Statistics and Information Management Department, Corporate Strategy and Budget Department and Department of Budget and Department of Budget.
Earlier, Dr. Gupta was the Director General of the National Council of Applied Economic Research (NCAER), who worked on issues related to economic development, international financial architecture, central banking, macro economic stability, public debt and state finance.
He also served as a member of the Prime Minister’s Economic Advisory Council and convenor of the 16th Finance Commission.
Before joining NCAER, Dr. Gupta served senior positions in the International Monetary Fund (IMF) and the World Bank for about two decades.
He also taught at Delhi School of Economics, University of Maryland (USA) and also worked as a visiting faculty at the Indian Institute of Statistics (ISI), Delhi.
She has been a RBI Chair Professor at the National Institute of Public Finance and Policy (NIPFP) and a professor in the Indian Council for Research on International Economic Relations (ICRIER).
Dr. Gupta has published several research papers and has also written an edited book “Emerging Giants: China and India in the World Economy”.
He has a master’s degree and PhD in Economics from University of Maryland, US and has a master’s degree in Economics from Delhi School of Economics, Delhi University.
-IANS
SKT/ABM