Srinagar, Dec 10: Putting the speculations to rest about his being the next probable Governor of the Reserve Bank of India (RBI), Dr Haseeb Drabu Monday evening said that “he was not in the race.”
Responding to Ziraat Times question about the possibility of him being the next Governor of the RBI, Dr Drabu said that he was not running for the position.
On Monday, Reserve Bank of India’s present Governor Dr. Urjit R. Patel resigned from his position citing ‘personal reasons’ for his decision. He was serving the RBI September 4, 2016 onwards, after his predecessor Raghuram Rajan stepped down from the post.
Dr. Raghuram G. Rajan served the central bank for three years, between September 4, 2013 to September 4, 2016.
Dr Haseeb Drabu has previously served as the Finance Minister for J&K government.
He has also been involved with national economic policy making in India for a decade, including in the Planning Commission, Finance Commission and the Economic Advisory Council of the Prime Minister. He was instrumental in writing of the report of the Tenth Finance Commission which changed the fiscal federal relations in India.
He has also served as an editor at Business Standard.