Central banking named RBI governor Shaktikanta Das “Governor of the year”
Central banking named the Reserve bank of India governor the “Governor of the year”. RBI governor Shaktikanta Das has been the controlling wheel of the central bank in turbulent economic periods—first, the covid-19 deadly pandemic, then the Russia-Ukraine war and now inflation. Governor Das has been the toughest and managed such an economic slowdown with
“An economy as complex as India’s will likely never be free from challenges but, as Das faces up to the remainder of his second term, he can take pride in major achievements so far,” the award citation said.
The Central Banking Publications is a financial publisher specialising in public policy and financial markets, with an emphasis on central banks, and international financial institutions. Addressing the award ceremony, Das said, “A war effort has to be mounted, and is being mounted, to combat the virus, involving both conventional and unconventional measures in continuous battle-ready mode.”
“Life in the time of Covid-19 has been one of unprecedented loss and isolation. Yet, it is worthwhile to remember that tough times never last; only tough people and tough institutions do.”
“But few have had to contend with challenges on the scale that Das has met. In the years ahead, Das will have to stand firm against interference and backsliding,” it said.