Senior bureaucrat Subhash Chandra Garg assumed charge as Secretary of the Department of Economic Affairs (DEA) in the Finance Ministry. A 1983 batch IAS officer from the Rajasthan cadre, Garg was World Bank Executive Director for Bangladesh, Bhutan, India, and Sri Lanka prior to this appointment.
He succeeds Shaktikanta Das, who retired after an extended tenure on May 31. Corporate Affairs Secretary Tapan Ray was given additional charge of DEA Secretary after Das’ exit.
Important Takeaways from Above News-
- Department of Economic Affairs comes under Finance Ministry.
Source- The Hindu