Wed Apr 02 11:51:00 UTC 2025: ## Renowned Economist Poonam Gupta Appointed RBI Deputy Governor
**New Delhi, [Date]** – The Indian government has appointed Dr. Poonam Gupta as the new Deputy Governor of the Reserve Bank of India (RBI), effective immediately. Dr. Gupta, currently the Director General of the National Council of Applied Economic Research (NCAER), will serve a three-year term, succeeding Michael Patra who retired in January. Her appointment comes just weeks before the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
A highly respected economist, Dr. Gupta brings extensive experience to the role. She has served as Lead Economist for Global Macro and Market Research at the International Finance Corporation and held professorships at the Indian Council for Research on International Economic Relations and the Delhi School of Economics. Her academic background includes a PhD in Economics from the University of Maryland, College Park, specializing in macroeconomics, international finance, and international trade. She is also a recipient of the 1998 EXIM Bank award for her doctoral work. Currently, she serves as a member of the Economic Advisory Council to the Prime Minister and the Advisory Council of the 16th Finance Commission.
Dr. Gupta’s appointment is seen as a significant move by the government, bringing a wealth of academic and practical experience to the RBI’s leadership team. Her expertise in macroeconomics and international finance is expected to be invaluable as the RBI navigates the complexities of the Indian economy and global financial markets.
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