Andhra appoints former SBI chief Rajnish Kumar as economic advisor

Top Stories

»	India’s GDP growth to remain steady at 6.5 pc, another RBI rate cut likely this fiscal
»	Extend ITR, audit deadlines due to portal glitches, compliance overload: Tax associations
»	Centre to help automobile industry expand markets, strengthen supply chains
»	Stock market opens higher, auto stocks lead rally over GST booster
»	GST 2.0: What gets cheaper and costlier from Sep 22

SME Times News Bureau | 07 Sep, 2021
The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor. A former SBI chairman, Rajnish Kumar's tenure in the cabinet rank position is for two years.

The appointment comes amid the growing concerns over the state's financial situation which has been badly hit by the Covid pandemic, even as the opposition has been critical over the sops and freebies being distributed by the Y.S. Jagan Mohan Reddy-led state government.

Rajnish Kumar's appointment on Monday is expected to help the state government steer through the financially tough juncture.

Rajnish Kumar who had retired as SBI chairman in October 2006, is an independent non-executive director at the HongKong and Shanghai Banking Corporation.