The Appointments Committee of the Cabinet announced the names of Monetary Policy Committee members, who will hold office for a period of four years.
This includes:
1. Chetan Ghate, Associate professor – Economics & Planning Unit, Indian Statistical Institute;
2. Pami Dua, Professor and Head of department at Delhi School of economics;
3. Ravindra Dholakia, economics professor at IIT, Ahmadabad.
The committee will also include the Reserve Bank Governor Urjit Patel and the deputy governor and an executive director.