Govt picks three new external members for MPC ahead of key meet
Business Standard|October 02, 2024
Six days ahead of the crucial meeting of the interest rate-setting panel, the government on Tuesday appointed three external members to the reconstituted Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).
RUCHIKA CHITRAVANSHI
Govt picks three new external members for MPC ahead of key meet

The three external members are: Delhi School of Economics Director Ram Singh, economist Saugata Bhattacharya, and Nagesh Kumar, director and chief executive, Institute for Studies in Industrial Development (ISID). They will replace outgoing external members Jayanth Varma, Ashima Goyal, and Shashank Bhide. The RBI Act doesn't allow reappointment of external members.

The other three members in the six-member MPC are from within the central bank - the governor, deputy governor in charge of monetary policy, and an officer nominated by the central board of the regulator.

The external members shall hold office for a period of four years, or until further orders, whichever is earlier, with immediate effect, a notification by the Ministry of Finance said.

この記事は Business Standard の October 02, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の October 02, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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