Meet Shaktikanta Das: the new RBI Governor replacing Urjit Patel

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Shaktikanta Das, former finance secretary, a vocal supporter of demonetisation, has been appointed the 25th governor of the Reserve Bank of India (RBI) for three years

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The new appointment happened after Urjit Patel quit abruptly amid a bitter dispute over the regulator’s autonomy 

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The Government began the selection process soon after Patel’s resignation.

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Shaktikanta Das is the first bureaucrat (IAS) to head the central bank in almost five years.

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Das has numerous important issues to work on.

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He will first have to work on normalising the relationship between the central bank and the government who differ on many issues

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Another important issue that Das has to tackle is the finalization of members of the committee that will study the RBI capital’s framework. 

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