From thought to action

THE FORMER WORLD BANK ECONOMIST'S EXPERTISE & EXPERIENCE IN MACROECONOMIC & BUSINESS CYCLES WILL COME IN HANDY IN HER NEW ROLE

- PRASANTA SAHU

POONAM GUPTA has been writing extensively on complex issues such as inflation targeting framework, monetary policy transmission and how India should prepare for both ex ante and ex post for future shocks such as the Trump tantrum. The prolific writer has finally got an opportunity to walk the talk.

People who have worked closely with Gupta, the newly-appointed deputy governor of the Reserve Bank of India, say her intellectual width and vast experience in dealing with monetary, fiscal and trade issues will come in handy as she strives to find a fine balance between fiscal-monetary coordination during these uncertain times.

There is no doubt that her track record is impeccable. Gupta has two decades of experience in the International Monetary Fund and the World Bank and has been heading the National Council of Applied Economic Research (NCAER) since 2021. She is also a member of the Economic Advisory Council to the Prime Minister and convener of the Advisory Council to the 16th Finance Commission.