His master's choice.

"Shaktikanta Das is the twenty-fifth and current governor of the RBI (Reserve Bank of India). He is a retired IAS (Indian Administrative Service) officer of the Tamil Nadu cadre, although he is originally from Odisha. Das studied history at St. Stephen's College at the University of Delhi." The Print. After serving in the Ministry of Finance and at many international organisations he was appointed as governor of RBI after retirement. "Das' lack of formal education in economics has proven to be a gift that allows him to make unconventional choices with great success." That is to say that an experienced economist would have been incapable of making such decisions. In 2015, "India's Chief Economic Advisor Arvind Subramanian...said he had flunked his IAS entrance test and did not do very well in his academic career initially." NDTV. Proof that IAS officers are superior. The IAS is a continuation of the Indian Civil Service (ICS) and, as such, is a relic of the British Raj. "Becoming an IAS officer is seen as a ticket to power, money and status." ET. But the service is seen as "cumbersome, slow, inefficient, and often venal" because of "constant political interference and lack of specialisation and expertise. These factors are responsible for the widespread perception of a corrupt and inefficient bureaucracy." But an asset as the governor of the RBI. RBI's mandate is to ensure that the consumer price index (CPI) inflation remains at 4% with a margin of 2% on either side. ET. But, it seems to have done everything except that. In fact, since October 2019, CPI inflation has been higher than 4% every single month and has been consistently higher than 5.5% since December 2021. rate-inflation.com. "The conventional explanation is that the retail inflation was primarily driven by high food prices and high oil prices," wrote Vivek Kaul. Since food and oil prices are driven by supplies, and supplies cannot be increased by monetary policy, the RBI kept its interest rate at 4% for 24 months from May 2020 to May 2022. NDTV. Core inflation is what "remains after excluding the food and light group, and petrol, diesel and other fuels for vehicles." "In every month since June 2020, the core inflation has been higher than 5%. In every month since October 2021, the core inflation has been higher than 5.5%. In September, it hit 6.5%." "Compared with the Budget's estimated 10.5% nominal growth projection for 2023-24, RBI expects the year to end with 11.7% growth," wrote Rajrishi Singhal. Yet the RBI paused its rate hikes and kept its policy rate unchanged at 6.5% in its April meeting. DH. Karnataka state elections are next month and "The leadership of India's three leading chambers of commerce...lobbied to stay RBI's hand from raising rates." As a result "63% of Indian consumers are tightening expenditure on non-essential goods and services" while "the luxury goods market is witnessing high sales, with India's rich splurging on cars, homes, watches etc." ET. Helping the politicians and the rich. Just obeying instructions. That's why he was chosen.