Archive · 7 Jun 2025
RBI Deputy Governor T. Rabi Sankar Joins Finance Commission
The President appointed T. Rabi Sankar, who works at the Reserve Bank of India, as a part-time member of the 16th Finance Commission.
This commission decides how money is shared between the central government and the states.
Sankar will work until the commission finishes its report or by October 31, 2025.
He replaces Ajay Jha, who left the commission.
The 16th Finance Commission started on December 31, 2023, with Dr. Arvind Panagariya as the chairman.
The commission's recommendations will be used for five years, starting from April 1, 2026.
T. Rabi Sankar appointed as part-time member of the 16th Finance Commission.
Sankar is the Deputy Governor of the Reserve Bank of India.
He replaces Ajay Jha, who resigned.
Sankar's term ends by October 31, 2025 or submission of the report.
The 16th Finance Commission was formed on December 31, 2023.
- Who
- T. Rabi Sankar was appointed.
- What
- T. Rabi Sankar appointed as part-time member of the 16th Finance Commission.
- When
- Until the submission of the Commission’s Report or October 31, 2025, whichever is earlier.
- Where
- India, specifically the 16th Finance Commission.
- Why
- To fill a vacancy created by the resignation of Ajay Jha.
- Appointee
- T. Rabi Sankar
- Appointee's Role
- Deputy Governor, RBI
- Role
- Part-time Member
- Commission
- 16th Finance Commission
- Replaced
- Ajay Jha
- Term Ends
- October 31, 2025
- Commission Chairman
- Dr. Arvind Panagariya
- Commission Formation Date
- December 31, 2023
