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.
