New Delhi— Economist Dr. Poonam Gupta officially assumed office as Deputy Governor of the Reserve Bank of India (RBI) on Friday, bringing her extensive global and domestic policy experience to the central bank during a time of heightened economic volatility and inflationary pressures.
Appointed by the government on April 2, Dr. Gupta will serve a three-year term or until further notice, whichever comes first. She will also join the RBI’s Monetary Policy Committee (MPC), playing a key role in shaping India’s monetary strategy.
According to the RBI, Dr. Gupta will oversee several critical departments, including the Monetary Policy Department, Financial Markets Operations, Economic and Policy Research, Financial Stability, International Affairs, Statistics and Information Management, Corporate Strategy and Budget, and Communication.
Prior to this role, she served as Director General of the National Council of Applied Economic Research (NCAER), where she focused on issues such as economic growth, macroeconomic stability, public debt, and fiscal policy.
Dr. Gupta has also held senior roles at the International Monetary Fund (IMF) and the World Bank for nearly two decades. Domestically, she has served as a member of the Prime Minister’s Economic Advisory Council and as the Convenor of the Advisory Council to the 16th Finance Commission.
Her academic background includes teaching positions at the Delhi School of Economics, the University of Maryland, and the Indian Statistical Institute, Delhi. She has also held the RBI Chair Professorship at the National Institute of Public Finance and Policy (NIPFP) and was a professor at the Indian Council for Research on International Economic Relations (ICRIER).
Dr. Gupta holds a Ph.D. and Master’s degree in Economics from the University of Maryland, and a Master’s degree from the Delhi School of Economics. She has authored numerous research papers and edited the book Emerging Giants: China and India in the World Economy. (Source: IANS)
