With the upcoming budget session, everyone is looking forward for an ease in their wallets.
The Finance Minister will play the major role in the upcoming session.
The Finance Minister is not alone in this role. Some of the best economist, analyst and
administrative officers have teamed up with the Finance Minister to prepare the upcoming
budget.
Here is the list of some of the names who will be playing a major role in the upcoming Budget session as reported by Yahoo.
1. P Chidambaram
This year’s budget is dependent on the Finance Minister, P Chidambaram. Chidambaram is a well reputed corporate lawyer who practices in the Supreme Court of India and also in several High Courts across the country.
This is the third time, he has been appointed as the Finance Minister of India. He has already played an important role in the 1997-1998 years budget. This year also, everyone is looking on him.
2. Raghuram Rajan
This Indian Economist serves as the Chief Economic Adviser to the Indian Government. He is also a well known figure among some of the top class Business Schools around the globe.
Rajan has also served the International Monetary Fund (IMF) as the Chief Economist. He was the youngest Economic Counselor and Director of Research at the International Monetary Fund. At present he is serving the Prime Minister of India as the honorary economic adviser.
He presented a paper in 2005 stating about an upcoming economic crisis. Though that paper was criticized negatively, in 2009 The Wall Street Journal called it to be true and also blamed others for not accepting it.
3. Parthasarathi Shome
He is the advisor to the Finance Minister, P Chidambaram. He has been in this role in both the tenures of the UPA government.
Parthasarathi Shome is one of the best tax experts in India. Under his leadership, the Indian Government made a huge profit from the transaction and the withdrawals of the banking cash. He is also one of the active persons behind the General Anti-Avoidance Rules (GAAR) and was the person who governed the Ninth Five Year Plan and the Tenth Five Year Plan.
4. Sumit Bose
Sumit Bose is the secretary to the Finance Commision of India. He also served as the Principal Finance Secretary for the Madhya Pradesh Government and the Joint Secretary in the Ministry of Human Resource Development.
After P Chidambaram became the Finance Minister, Sumit Bose took the responsibility of the Secretary, Department of Revenue.
5. R S Gujral
R S Gujral has been the main name behind the hurt sentiments of the investment sectors in the last year budget. He was shifted from the Revenue department to the Expenditure department.
He played an important role in the introduction of the GAAR.
6. D K Mittal
D K Mittal is the secretary to the Department of Financial Services. He also holds an additional charge of the Disinvestment Department. He was appointed in the Disinvestment Department on December 1, 2012.
7. Rajiv Takru
Rajiv Takru is an IAS from the 1979 batch. After the promotion of the 1979 IAS batch, Takru took over as the Secretary in the Financial Services of India. He has also served as the CEO of Prasar Bharati.
Previously, he was the additional secretary in the health ministry and was promoted to the banking division.
8. Arvind Mayaram
Arvind Mayaram is also an IAS officer. He has been the joint secretary in the Finance Ministry. He has also served as the Secretary in Charge of the Department of the Economic Affairs (DEA).
He replaced R Gopalan and joined the Finance Commission.
9. Rajat Bhargava
Rajat Bhargava is the Joint Secretary for the Budget Commission. He has been nominated for the Nominee Director to represent India Government on the Board of Directors of the Bank.
He takes care of all the paper works of the Budget Commission.
10. Ravi Mathur
Ravi Mathur is the Secretary to the Department of Disinvestment. He is an IAS officer from the 1979 batch.
He has served as the Additional Secretary to the Ministry of LAbour & Employment. He was later appointed as the Secretary to the Department of Disinvestment replacing M Haleem Khan.
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