Tuesday, March 25, 2014

After Bose's retirement, senior most among all five secretaries in finance ministry will be appointed Finance Secretary

The government today appointed Financial Services Secretary Rajiv Takru as the Revenue Secretary. He will take charge from Finance Secretary Sumit Bose who is retiring on March 31.
Rajiv Takru


Gurdial Singh Sandhu from Rajasthan cadre has been Financial Services Secretary. He will take over from Takru when the latter relinquishes his charge later this month, the Appointments Committee of the Cabinet said in a statement today.

After Bose's retirement, the senior most among all the five secretaries in finance ministry will be appointed Finance Secretary. Economic Affairs Secretary Arvind Mayaram is a 1978 batch officer from Rajasthan cadre. Expenditure Secretary Ratan P Watal, from Andhra Pradesh cadre, is also from the same batch. On seniority-cum-merit basis, Mayaram may be appointed Finance Secretary.

With Sandhu's appointment the finance ministry will have three secretaries from Rajasthan. Disinvestment Secretary Ravi Mathur also belongs to 1979 batch of Rajasthan cadre.

Takru, a 1979 batch IAS officer of Gujarat

Sandhu, a 1980 batch IAS officer, comes to DFS at a time when the banks are seeing huge bad loans and the Reserve Bank of India is in the process of issuing new bank licences. At present, he is Principal Secretary in his state and had his last stint with the Centre during 2003-2008 as Joint Secretary in the Chemicals & Fertilisers ministry.

Bose, a 1976 batch Indian Administrative Service Officer from the Madhya Pradesh cadre, is currently handling the revenue portfolio. An alumnus of Doon School, St Stephen's College in Delhi and the London School of Economics, he served in key roles such as Expenditure Secretary, Disinvestment Secretary, Secretary in 13th Finance Commission, and Principal Secretary, Finance in Madhya Pradesh.

 cadre, took charge at DFS upon the retirement of DK Mittal. Prior to becoming Secretary, Takru was Additional Secretary and Financial Adviser in the Ministry of Health and Family Welfare.

By Business standard

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