India's appointment of former central bank governor Shaktikanta Das as a key aide to Prime Minister Narendra Modi reinforces his focus on the country's economy at a time when it is facing domestic and external challenges.

In his distinguished service of 44 years, Das held several key post during demonetisation and other challenging phases. As RBI Governor, he cut the policy repo rate to a historic low of 4 per cent, continuing with the low-interest rate regime for almost two years to help the economy hit badly by the Covid lockdown.

India on Saturday appointed its former central bank chief Shaktikanta Das as Prime Minister Narendra Modi's principal secretary, according to a government notice. The appointment comes after Das finished his second term at the helm of the Reserve Bank of India in December last year,

Shaktikanta Das, the former and 25th Governor of the Reserve Bank of India ( RBI ), is scheduled to take on a new, significant job as Prime Minister Narendra Modi 's Principal Secretary-2.Das was appointed as the RBI's 25th Governor on December 12,