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Raghuram Rajan was born on 3 February 1963 in Bhopal, Madhya Pradesh, [10] some metres from where the Gas Tragedy took place. [11] Assigned to the Intelligence Bureau, R. Govindarajan, his father, was posted to Indonesia in 1966.
The President Of India has a net salary of ₹400,000 (US$6,000) per month, followed by the Vice President with ₹350,000 (US$4,800), and the Prime Minister at ₹280,000 (US$3,400). Governors receive ₹300,000 (US$4,200).
Following the Sixth Central Pay Commission report, the UPA Government, in recognition of the growing role and influence of the Ministry of Home (MHA), India's Interior Ministry, promoted the heads of the five police led Central Para Military Forces to the highest pay grade, or the Apex Scale, with a fixed pay of Rs. 80,000.
One CEA, Manmohan Singh went on to become the Prime Minister of India. Four CEAs have gone on to become the Governor of the Reserve Bank of India - I. G. Patel, Manmohan Singh, Bimal Jalan and Raghuram Rajan, and one (Rakesh Mohan) became the Deputy Governor of the RBI.
The Pay Commission is a committee constituted by the Government of India decennially, responsible for tabling recommendations regarding changes in the salary structure of federal employees, both civilian and defence. Established in 1947, seven pay commissions have been set up each decade since India's independence to review and provide ...
Sir C. D. Deshmukh was the first Indian to serve as the governor. Sir Benegal Rama Rau was the longest serving governor. I. G. Patel, the fourteenth governor Manmohan Singh, the fifteenth governor, later served as the thirteenth prime minister of India Raghuram Rajan, the twenty-third governor Shaktikanta Das, the twenty-fifth governor Sanjay Malhotra, the twenty-sixth and the incumbent governor
Several governors, lieutenant governors and administrators pose with the President of India at the ‘2024 Governors Conference’, at Rashtrapati Bhawan, in New Delhi in August 2024. In the Republic of India, according to the Article 154 of Constitution of India, a governor is the constitutional head of each of the twenty-eight states.
Raghuram Rajan, former RBI Governor in an interview at the World Economic Forum (WEF), Davos, cautioned that huge liabilities will build up in future if OPS is adopted. [19] Later he suggested states to look for "less costly ways" to provide benefits for its retirees. [20]