Poonam Gupta Appointed RBI Deputy Governor for 3-Year Term

New Delhi(The Uttam Hindu): The government has appointed Poonam Gupta, Director General of the National Council of Applied Economic Research (NCAER), as the RBI Deputy Governor for a three-year term. This appointment comes after MD Patra stepped down in January, leaving the position vacant. Gupta, a renowned economist, has had an illustrious career spanning nearly two decades in senior roles at the International Monetary Fund (IMF) and the World Bank in Washington, DC. She has also taught at prestigious institutions like the Delhi School of Economics, the University of Maryland (USA), and served as visiting faculty at the Indian Statistical Institute (ISI), Delhi.

Currently, Gupta serves as a member of the Prime Minister's Economic Advisory Council and is the Convener of the Advisory Council to the 16th Finance Commission. Her appointment as RBI Deputy Governor is effective from her date of joining. Gupta's academic credentials are impressive, holding a Master's degree and a PhD in Economics from the University of Maryland, USA, along with a Master's degree in Economics from the Delhi School of Economics, University of Delhi. She was awarded the EXIM Bank prize for PhD research in international economics in 1998. Her appointment is seen as a significant development ahead of the RBI's Monetary Policy Meeting, scheduled to take place from April 7 to April 9.