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Modi's PMO Gets Economic Thrust With Ex- RBI Guv Joining It
In a surprise move, the former RBI Governor Shaktikanta Das was appointed Principal Secretary to PM Narendra Modi. The appointments committee of the cabinet said Das’ appointment will be co-terminus with the term of the PM or until further orders, whichever is earlier. Das was RBI chief for six years beginning December 2018 and had been hoping for a second term. It did not materialise because of bureaucratic issues–top babus in the government had apparently opposed an extension. As principal secretary in the PMO, Das will bring his vast experience of over decades in various areas of governance. Das’s appointment will give economic thrust to the PMO. More so, because Das has held several important positions in the Central and state governments in the areas of finance, taxation, industries and infrastructure. As the RBI Governor during the Covid-19 pandemic, he spearheaded a series of measures to support growth and strengthen India’s financial stability. His appointment in the PMO clearly surprised political circles as he was always perceived to be close to Congress leader P Chidambaram. Though he has been designated as Principal Secretary (2), he will be working with PK Mishra, both incidentally belonging to Odisha. Ahead of his appointment, Das was spotted attending the School of Ultimate Leadership conclave addressed by PM Modi at Bharat Mandapam in Delhi over the weekend. At the time of his exit from Mint Street, Das had even talked about writing a book. That project will now have to be shelved at least for now. PM Modi has also opted for continuity in the tenure of the government think tank NITI Aayog extending CEO BVR Subrahmanyam’s term by a year, beginning February 24.

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Editor’s Note: Short Post Is Here To Stay…

Time, they say, flies—and how true that is. Here we are celebrating our 5th Anniversary. Five years ago, when Covid-19 was wreaking havoc across the globe, I took a leap of faith and launched Short Post, India’s first website for Authentic Gossip. That was on January 31, 2021. I was convinced there was a clear gap in the market for gossip that was credible, sharp, and impactful—especially if told in just 250 words.

In this, I was fortunate. Scores of senior editors across diverse verticals bought into the idea and, in the process, gave wings to my dream. Quite honestly, Short Post could not have crossed these milestones without the unflinching support of its contributing editors. Like all start-ups, we have seen our share of ups and downs, but these editors have stood by us like a rock. I take this opportunity to doff my hat to them.

Thanks to their commitment, we have published close to 5,000 stories spanning politics, business, entertainment, and sports. I say this with pride: we made our mark as people who matter read us. “Small packs, big impact” truly captures the essence of Short Post.

We all know that Covid-19 has reset businesses worldwide, and the media sector is no exception. In the post-Covid era, investors have become more cautious and selective—and advertisers too. To compound matters, the entry of AI has disrupted the media landscape in equal measure. So far, we have managed to hold our ground, hopeful that some angel investors will take a shine to us.

What gives me confidence is this: AI cannot smell news—especially the gossipy kind. In other words, AI cannot churn out Short Post-type stories, no matter the prompt. That puts us in a safe zone. As someone rightly said, “AI is a co-pilot, not a pilot.”