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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.
Chairperson, 16th Finance Commission of India: Arvind Panagariya: 16 January 2024 Governor, Reserve Bank of India: Sanjay Malhotra: 11 December 2024 [28] Chairperson, Securities and Exchange Board of India: Madhabi Puri Buch: 1 March 2022 Chairperson, Insurance Regulatory and Development Authority: Debasish Panda: 12 March 2022 [29] Chairperson ...
According to the Constitution of India, at the state level, the governor is de jure head, but de facto executive authority rests with the chief minister. Following elections to the state legislative assembly, the governor usually invites the party (or coalition) with a majority of seats to form the state government.
Sanjay Malhotra (born 14 February 1968) is an Indian administrative service officer serving as the Current and 26th Governor of the Reserve Bank of India (RBI) since December 11, 2024. [3] [4] He is an Indian Administrative Service Officer of 1990 Batch Rajasthan Cadre. [5]
India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as ...
Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh's 20-day term is the shortest. The bank's fifteenth governor, Dr Manmohan Singh, later became India's thirteenth prime minister. Sanjay Malhotra is the twenty-sixth governor of the Reserve Bank of India from 11 December 2024. [1]
The lieutenant governor is appointed by the President of India for a term of five years, and holds office at the President's pleasure. Since the union territories of Delhi , Jammu and Kashmir and Puducherry have a measure of self-government with an elected legislature and council of ministers , the role of the lieutenant governor there is ...
The Government of India Act 1858 created the office of Secretary of State for India in 1858 to oversee the affairs of India, which was advised by a new Council of India with 15 members (based in London). The existing Council of Four was formally renamed as the Council of Governor-General of India or Executive Council of India.