India's appointment of former central bank governor Shaktikanta Das as a key aide to Prime Minister Narendra Modi reinforces his focus on the country's economy at a time when it is facing domestic and external challenges.

India appoints former RBI governor Shaktikanta Das as a second principal secretary to PM Narendra Modi, indicating a strong focus on economic management amidst internal and external challenges. Das' extensive economic experience from overseeing fiscal policies and facilitating government initiatives is expected to aid in economic recovery.

The appointment comes after Das finished his second term at the helm of the Reserve Bank of India in December last year, where he oversaw monetary policy, debt and forex markets, along with financial

Never Lose Your Faith in India’s Destiny,” said Shaktikanta Das, the former and 25th Governor of the Reserve Bank of India (RBI), who is all set to take on a new, pivotal role as Principal Secretary-2 to Prime Minister Narendra Modi.

Former Reserve Bank of India governor Shaktikanta Das was on Saturday appointed the second Principal Secretary to Prime Minister Narendra Modi

In his distinguished service of 44 years, Das held several key post during demonetisation and other challenging phases. As RBI Governor, he cut the policy repo rate to a historic low of 4 per cent, continuing with the low-interest rate regime for almost two years to help the economy hit badly by the Covid lockdown.