New Delhi: The Government of India has appointed Dr. Poonam Gupta as the new Deputy Governor of the Reserve Bank of India (RBI), effective from April 1, 2025. Dr. Gupta will succeed Michael Debaprata Patra, who retired from the position two months ago.
Dr. Gupta has been appointed to the prestigious position for a tenure of three years, according to an official notification from the Appointments Committee. She brings with her extensive experience in economics, academia, and public policy.
Currently, Dr. Gupta serves as the Director General of the National Council for Applied Economics Research (NCAER). Her career spans key roles in international organizations, government think tanks, and academic institutions. She has worked with prestigious institutions such as the International Monetary Fund (IMF), World Bank, and the National Institute of Public Finance and Policy (NIPFP).
A prominent economist, Dr. Gupta is also a member of the Economic Advisory Council to the Prime Minister and serves as the Convener of the Advisory Council to the 16th Finance Commission.
In addition to her extensive work in economics, Dr. Gupta has contributed to academia. She has taught at prominent institutions such as the Delhi School of Economics, University of Maryland (USA), and served as a visiting faculty member at Indian Statistical Institute (ISI), Delhi. She has also held roles as the RBI Chair Professor at NIPFP and as a Professor at the Indian Council for Research on International Economic Relations (ICRIER).
Dr. Gupta holds a PhD in Economics from the University of Maryland, USA, as well as a Master’s degree in Economics from the Delhi School of Economics, University of Delhi. In recognition of her academic achievements, she won the 1998 EXIM Bank Award for her PhD thesis on international economics.
Her appointment as RBI Deputy Governor underscores the government’s commitment to placing seasoned professionals with a strong track record of academic and policy contributions in key positions of influence.
