Eminent economist and former Reserve Bank of India Deputy Governor Subir Gokarn passed away on Tuesday.
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"I share this with a heavy heart...Subir Gokarn, my friend and colleague, passed away a few hours back," Economic Advisory Council to the Prime Minister member Shamika Ravi said in a tweet.
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In November 2015, Gokarn was appointed as an executive director on the board of the International Monetary Fund. He was appointed the deputy governor of the RBI in 2009 for a term of three years and had the distinction of being the youngest deputy governor at that time.
He was also associated with Brooking's India.