There is one definite pattern that characterises Modi government at the Centre in its third avatar – it is trudging cautiously, often opting for continuity, rather than change, as its guiding principle of governance. This approach could potentially guide upcoming appointments to four economic and statutory positions—Comptroller and Auditor General (CAG), Reserve Bank of India (RBI) Governor, Securities and Exchange Board of India (SEBI) Chairperson, and Chief Economic Advisor (CEA).
Sources suggest that the Centre may lean towards reappointments. However, this continuity approach won’t apply to the current CAG, G.C. Murmu, who reaches the mandatory retirement age of 65 on November 21 and cannot be reappointed.
For the other three roles, however, continuity remains possible. RBI Governor Shaktikanta Das and CEA S.V. Anantha Nageswaran are seen as likely candidates for reappointment, while SEBI Chairperson Madhabi Puri Buch’s reappointment remains uncertain amid recent controversies surrounding her tenure, which concludes on February 28, 2025.
