New delhi: The Appointments Committee of the Cabinet on Friday has approved designating Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance as Finance Secretary. Mr. Garg , an Indian Administrative Service (IAS) officer of 1983 batch, belongs to Rajasthan cadre. Garg has degrees in Commerce and Law from the University of Rajasthan, Jaipur .
He is a professionally qualified Cost and Works Accountant and a Company Secretary.Shri Subhash Chandra Garg was Executive Director in the World Bank Group for Bangladesh, Bhutan, India and Sri Lanka from November, 2014 to July, 2017.
Mr. Garg served on the Board of Directors for the International Bank for Reconstruction & Development (IBRD), the International Development Association (IDA), collectively referred as the World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).
Garg has over 34 years of experience in administration, management and public policy, in finance and several development sectors - agriculture, education, energy and rural development. He has managed government finances both at the Centre and in the State of Rajasthan.
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In Government of India, he worked as Director in the Department of Economic Affairs (DEA) and Joint Secretary in the Department of Expenditure (DoE), in the Ministry of Finance and in the State of Rajasthan in various capacities as Secretary (Expenditure), Secretary (Budget) and Principal Secretary of Finance.He also occupied other senior positions in the Central Government as Joint Secretary (Agriculture) and Additional Secretary (Cabinet).
In another major decision taken by the Appointments Committee of the Cabinet is appointment of former finance secretary Hasmukh Aadhia as the chancellor of the Gujarat University.
