Dr Poonam Gupta New Deputy Governor: The Indian government has appointed Dr. Poonam Gupta, a distinguished Prime Minister’s Economic Advisory Council member, as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment for a three-year tenure comes as she steps in to fill the vacancy left by Michael Patra, who resigned in January. The Cabinet’s Appointment Committee has officially approved Dr. Gupta’s selection. This significant appointment precedes the RBI’s upcoming Monetary Policy Committee (MPC) meeting scheduled for April 5th.
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Dr Poonam Gupta New Deputy Governor Of RBI
Dr. Poonam Gupta brings a wealth of experience to the RBI. She is the Director General of the National Council of Applied Economic Research (NCAER), India’s leading economic research institute, a position she has held since 2021. Additionally, she is a member of the prestigious 16th Finance Commission. Her prior roles include membership on the Development Advisory Committee of NITI Aayog and the Executive Committee of FICCI, highlighting her deep engagement with India’s economic landscape.
Dr Poonam Gupta New Deputy Governor: Educational Background
Dr. Poonam Gupta boasts a strong academic foundation, having pursued her education both in India and internationally. She holds a Master’s degree in Economics from the esteemed Delhi School of Economics, University of Delhi, and further earned a PhD in Economics from the University of Maryland in the United States.
Poonam Gupta: Professional Experience
Throughout her career, Dr. Poonam Gupta has contributed her expertise to numerous prominent national and international organizations:
- Director General, NCAER (2021 – Present): Leading India’s premier economic research institute.
- World Bank: Served for several years as a research and policy advisor, focusing on diverse developing economies.
- International Monetary Fund (IMF): Worked as an economist, specializing in emerging economies and global economic policies.
- Academic Roles: Held positions as a visiting professor and researcher at various educational institutions. Her extensive research on topics such as monetary policy, economic reforms, and exchange rates has been published in numerous respected journals.
Dr. Poonam Gupta’s Expertise
Dr. Poonam Gupta possesses specialized knowledge and experience across a broad spectrum of economic areas, including monetary policy, macroeconomics, and the dynamics of emerging economies. Her leadership at NCAER during the COVID-19 pandemic saw the publication of crucial reports analyzing the economic impacts and outlining effective recovery strategies.
Dr Poonam Gupta New Deputy Governor: New Responsibilities at the RBI
Dr. Poonam Gupta’s robust economics background and her extensive experience within national and international institutions are expected to significantly contribute to strengthening India’s monetary policy within the global economic context. In her new role as Deputy Governor of the RBI, she will play a key part in shaping the nation’s financial direction.
Dr Poonam Gupta New Deputy Governor Salary at RBI
As the newly appointed Deputy Governor of the Reserve Bank of India (RBI), Dr. Poonam Gupta will receive a monthly salary of approximately ₹2.25 lakh. In addition to her salary, she will also be entitled to various allowances, including a dearness allowance, a grade allowance, an education allowance, a domestic allowance, a telephone allowance, and a medical allowance.
Congratulations. Poonam Gupta new RBI Deputy Governor. Announcement comes days before first monetary policy meeting of FY26. After June 2011, when Shyamala Gopinath retired, Gupta is first woman Deputy Governor at @RBI pic.twitter.com/D68iDEUaJN
— Tamal Bandyopadhyay (@TamalBandyo) April 2, 2025
Correction Regarding RBI Governor Appointment
It is important to note a correction regarding the appointment of the RBI Governor. Shaktikanta Das remains the current Governor of the Reserve Bank of India. The information provided about Sanjay Malhotra being appointed as the new Governor replacing Shaktikanta Das in December 2024 is incorrect based on current, reliable information. Shaktikanta Das’s term is ongoing.
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