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Ratan Tata's business as- said an official statement from the that Gopinath, the fund's first female
state government. chief economist and director of the
sistant launches startup research department, intends to leave
The agreements signed at an event
for seniors presided over by Chief minister M K in January 2022 and return to Harvard
Ratan Tata's business assistant Stalin would create employment op- University's economics department
Shantanu Naidu plans to launch portunities to 76,795 persons, the when her public service leave ends.
GoodFellows, a startup aimed at pro- statement said. This includes 52 Harvard University had extended
viding companionship and serving the projects with a cumulative investment Gopinath's leave of absence on an ex-
elderly in their day-to-day activities. of Rs.34,723 crores and seven others ceptional basis by one year, which al-
"GoodFellows is an upcoming for-profit with Rs. 485 crore investments. The lowed her to serve as chief economist
startup providing intergenerational state also kicked off another 13 at the IMF for three years.
friendship and calls itself a "companion- projects with Rs. 13,400 crore invest- "Especially, given that pandemic has
ship company". It employs young, edu- ments, the statement said. led to an increase in scale and scope
cated graduates up to the age of 30 The projects for which memorandum of macroeconomic challenges facing
to create intergenerational friendships of understandings were signed include our member countries, I believe that
between them and the elderly to re- Adani Enterprises' data centre in Gita - universally recognised as one of
duce loneliness," Naidu said in a note. Chennai, Larsen & Toubro's data cen- the world's leading macroeconomists -
Naidu has been working with Mr Ratan tre in Kancheepuram and TVS Motor has precisely the expertise that we
Tata since 2018 as a Deputy General Company's electric vehicle manufac- need for the FDMD role at this point,"
Georgieva said, while announcing her
Manager (Chairman's Office). Earlier, turing facility at Krishnagiri, the state-
appointment.
he has worked as an automobile design ment showed.
engineer at Tata Elxsi in Pune.
Gita Gopinath to be IMF's Govt plans Rs. 1 lakh crore
Tamilnadu signs invest- worth fish exports by
first Deputy MD
ments pacts worth Rs. Gita Gopinath, chief economist at the 2024-25
35,723 cr International Monetary Fund (IMF), India is aiming to achieve Rs 1 lakh
has been named as the fund's new first crore worth of exports from fisheries
Tamil Nadu government has signed in-
vestment agreements worth Rs. deputy managing director (FDMD) and sector by 2024-25, said Union Minister
35,200 crore with 59 businesses includ- will take over her new responsibility for Fisheries, Animal Husbandry and
ing Larsen & Toubro Ltd., Hindustan from January. Dairying Parshottam Rupala.
Unilever Ltd., Adani Enterprises and In October, IMF managing director Speaking at the World Fisheries Day
TVS Motor Co. at an investor meet, Kristalina Georgieva had announced celebration, Rupala said states need to

12 | 2022 | JANUARY | BANKING FINANCE