BJP Leader Takes Dig at New RBI Chief Shaktikanta Das, Questions Credentials
New Delhi, Dec 13: The term of the newly-appointed Reserve Bank of India governor Shaktikanta Das – who took over the post after Urjit Patel announced his resignation on Monday – is off to a rocky start with questions being raised about his credentials.
According to a PTI report, referring to Das’s master’s degree in history, Gujarat BJP leader and former minister in Narendra Modi’s cabinet, Jay Narayan Vyas said in a tweet on Wednesday that he hoped that the new RBI chief did not make the central bank itself history. Vyas, who was health and family welfare minister in Gujarat till 2012, has now been sidelined in the party. He lost the assembly elections in 2012 and 2017.
Since his appointment on Tuesday, Das – an IAS officer – has been the target of ridicule on social media over his educational qualifications and is being compared to his predecessors Patel and Raghuram Rajan – who hold doctorates in economics.
“To manage RBI you have to have a fair knowledge of the domestic and international economy. I respect IAS, the issue is that they’re exposed to a little of many things but the acceptance among the international community which earlier governors commanded (is not there),” Vyas was quoted by ANI as saying.
“I would wish that a person heading that bank may be a qualified economist. They are trained for general management. The management of the economy especially when it’s going through a rough weather requires altogether different kinds of talents,” he said.
Vyas continued his jibes saying that he “sympathised” with the new RBI governor because has a master’s degree in history and would have to “pull out a lot more at his age that is near retirement. He has to control and steer the RBI and answer issues like the use of RBI reserves.”
Besides a post-graduate degree in history, Das has completed an advanced financial management course from the Indian Institute of Management, Bangalore and another in development banking and institutional credit from Pune’s National Institute of Bank Management. Das retired as Economic Affairs secretary last year and was subsequently made a member of the 15th Finance Commission. Das was also India’s Sherpa at the recent G-20 meet in Argentina.
The New RBI Governor Das's educational qualification is MA (History ) . Hope and Pray he doesn't make RBI also a History .May God Bless the New Arrival !!
— Jay Narayan Vyas (@JayNarayan_Vyas) December 12, 2018
Courtesy: thewire.in
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
India-Oman free trade pact to give new energy to bilateral relations: PM Modi
Muscat (PTI): Prime Minister Narendra Modi on Thursday said the Comprehensive Economic Partnership Agreement (CEPA) between India and Oman will give new confidence and energy to the bilateral relations.
Speaking at the India-Oman Business Summit here, the visiting Prime Minister said the summit will give a new direction to the India-Oman partnership.
"Today, we are taking such a historic decision, the echo of which will be heard for many decades to come. Comprehensive Economic Partnership Agreement that is, CEPA, will give our partnership new confidence and new energy in the 21st century," the prime minister said.
ALSO READ: Karnataka Assembly passes hate speech bill amid din
He said India’s nature has always been progressive and self-driven.
Whenever India grows, it helps its friends grow as well, Modi said and added India is progressing towards becoming the world’s third-largest economy.
"This is beneficial for the entire world. However, it is even more beneficial for Oman because, in addition to being close friends, we are also maritime neighbours. Our people know each other well. We have generations of trust in our business relations, and we understand each other’s markets very well," he said.
Modi invited companies from Oman to become partner in the growth story. He said India's economy is growing at a high rate because over the past 11 years, India has not just changed policies, but has also changed its economic DNA.
He informed the gathering about the reforms, including GST and IBC, India has implemented in the recent years.
Modi arrived here on Wednesday on a two-day visit.
India-Oman bilateral trade was about USD 10.5 billion (exports USD 4 billion and imports USD 6.54 billion) in 2024-25.
#WATCH | Muscat, Oman: At the India-Oman Business Summit, PM Narendra Modi says, "Today, we are making a historic decision whose echo will be heard for decades to come. The Comprehensive Economic Partnership Agreement (CEPA) will fill us with new trust and new energy in the 21st… pic.twitter.com/NkJNADb8Rn
— ANI (@ANI) December 18, 2025
