Meet Poonam Gupta, set to earn more salary than PM Narendra Modi, she is appointed as new…, she is from…

Women have been making remarkable progress across all fields. From traveling to space to holding prestigious positions in the army, women are breaking barriers and excelling in every field. Now, in a

Women have been making remarkable progress across all fields. From traveling to space to holding prestigious positions in the army, women are breaking barriers and excelling in every field. Now, in a piece of good news, Poonam Gupta, currently the Director General of the National Council of Applied Economic Research (NCAER), has been appointed Deputy Governor of the Reserve Bank of India for three years or until orders.

The Appointments Committee of the Cabinet has given its nod for the appointment. Poonam Gupta is the Director General of the National Council of Applied Economic Research (NCAER), an economic policy think tank. In addition, Poonam is also a member of the Economic Advisory Council to the Prime Minister and Convener of the Advisory Council to the 16th Finance Commission.

In 2021, Gupta joined the National Council of Applied Economic Research after working in senior positions for nearly two decades at the IMF and World Bank in Washington, DC. Speaking of her qualifications, Gupta taught at the Delhi School of Economics, University of Maryland (USA), and was a visiting faculty member at ISI, Delhi.

While her educational qualification is concerned, Poonam Gupta holds a Master’s degree and a PhD in Economics from the University of Maryland, USA, and a Master’s degree in Economics from the Delhi School of Economics, University of Delhi. She won the 1998 EXIM Bank award for her PhD on international economics.

She has also been the RBI Chair Professor at NIPFP and a Professor at ICRIER. Presently, she is on the Boards of NIPFP and GDN (Global Development Network), a member of the World Bank’s advisory groups for ‘Poverty & Equity’ and the ‘World Development Report’, a member of the Development Advisory Committee of NITI Aayog, and of FICCI’s Executive Committee. She was the Chair of the Task Force on Macroeconomics and Trade during India’s G20 Presidency.

At NCAER, Gupta led the work on issues related to economic growth, International Financial Architecture, central banking, Maro economic Stability, Public Debt, and State Finances. At RBI, she will replace Deputy Governor Michael Patra. The other three deputy governors are M. Rajeshwar Rao, T. Rabi Sankar, and Swaminathan J, as per the official website of RBI.

Poonam will succeed Michael Patra, who retired in January this year. Poonam Gupta, as the Deputy RBI Governor, is entitled to a monthly salary of Rs 2.25 lakh, along with additional benefits. In comparison, the Prime Minister’s basic salary is Rs 50,000, supplemented by a parliamentary allowance of Rs 45,000, a daily allowance of Rs 2,000, and an expense allowance of Rs 3,000, along with several other perks as reported by media reports. This brings the total salary of the Prime Minister to Rs 1.66 lakh per month.

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