Upset over transfer, Finance secretary Subhas Chandra Garg applies for VRS
New Delhi, July 25 (IBNS): Senior bureaucrat Subhas Chandra Garg has applied for a voluntary retirement, a day after he was shifted to Power ministry from Finance.
It has been learnt that Garg was reportedly upset over this transfer.
The Power Ministry is considered to be a low profile than the prestigious Finance Ministry.
Garg was the senior-most bureaucrat in the Finance Ministry, in-charge of the Department of Economic Affairs (DEA) and was designated Finance Secretary.
As DEA Secretary, he was in charge of fiscal policy, RBI-related matters, and was closely involved in the preparation of union budget.
Garg was replaced by Department of Investment and Public Asset Management (DIPAM) Secretary Atanu Chakraborty in a major bureaucratic reshuffle.
It is not clear when Garg submitted his voluntary retirement scheme (VRS) application and whether or not that VRS application would be accepted..
Garg was scheduled to retire on October next year.
Garg was an 1983 batch IAS officer of Rajasthan cadre, He came to the centre in 2014 and was appointed Executive Director in the World Bank where he stayed till 2017 untill when he was appointed DEA Secretary in June. In December 2018, he was elevated as the Finance Secretary after the retirement of Hasmukh Adhia.
The secretaries in the Finance Ministry are Financial Services Secretary Rajiv Kumar (1984-batch, Jharkhand cadre), Revenue Secretary Ajay Bhushan Pandey (1984-batch Bihar cadre), DEA Secretary Atanu Chakraborty (1985-batch, Gujarat cadre), Expenditure Secretary G C Murmu (1985-batch, Gujarat cadre) and DIPAM Secretary Anil Kumar Khachi (1986-batch, Himachal Pradesh cadre).
Image Credit: twitter.com/SecretaryDEA
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