What has Modi’s handpicked central bank chief accomplished two years in? ...Middle East

Quartz - Economy

In December 2018, the Narendra Modi government put an end to a bruising battle with India’s central bank by appointing a former bureaucrat Shaktikanta Das as the Reserve Bank of India governor. The appointment followed months of public spatting between Das’s predecessor Urijit Patel and the government over the autonomy of the central bank. This rift had spooked stock markets at a time when the Indian economy was on weak ground.So, from his first day, on Dec.12, 2018, Das inherited political friction, besides the Herculean challenge of dealing with a slowing economy.Two years on, he may have managed to ease concerns on one front very effectively, but on the other, things have only become wors

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