Misplaced Pages

Subhash Chandra Garg
Subhāṣa Caṃdra Garga
Finance Secretary of India
In office 1 March 2019 – 26 July 2019
Appointed by	Appointments Committee of the Cabinet
Preceded by	Ajay Narayan Jha
Succeeded by	Rajiv Kumar
Economic Affairs Secretary of India
In office 5 July 2017 – 26 July 2019
Appointed by	Appointments Committee of the Cabinet
Preceded by	Shaktikanta Das
Succeeded by	Atanu Chakraborty
Executive director of the World Bank
In office 10 September 2014 – 21 June 2017
Personal details
Born	(1960-10-16) 16 October 1960 (age 64) Jaipur, Rajasthan, India
Nationality	Indian
Alma mater	Institute of Cost Accountants of India University of Rajasthan
Occupation	IAS officer

Subhash Chandra Garg (IAST: Subhāṣa Chandra Garga) (born 16 October 1960) is a 1983 batch IAS officer of Rajasthan cadre. He served as Economic Affairs Secretary and Finance Secretary of India. He has also served as an executive director in the World Bank.

Education

Garg has graduate degrees in Law (LLB) and Commerce (BCom) from Rajasthan University from Government College, Ajmer. Garg is a professionally qualified Cost & Management Accountant from Institute of Cost Accountants of India. In addition, Garg is a qualified Company Secretary and received gold medal in 1990.

Career

Garg has served in various key positions for both the Union Government and the Government of Rajasthan, like as Principal Secretary (Finance), Commissioner (Investment and NRIs) Secretary (Budget), Secretary (Expenditure), managing director of Rajasthan State Road Transport Corporation (RSRTC), managing director of Rajasthan State Seeds Corporation (RSSCL), Special Secretary (Mines and Energy) and Chief Executive and Director of Rajasthan Energy Development Corporation (REDC), Registrar of University of Rajasthan, and as the District Magistrate and Collector of Rajsamand district in the Government of Rajasthan, and as the Union Economic Affairs Secretary, Additional Secretary in the Cabinet Secretariat, Joint Secretary in the Department of Expenditure of Ministry of Finance, Joint Secretary in the Department of Agriculture and Cooperation in the Ministry of Agriculture and Farmers Welfare and as a Director in the Department of Economic Affairs in the Ministry of Finance in the Union Government.

Garg also served as an Executive Director in the World Bank.

In addition, Garg had a stint with the National Institute of Public Finance and Policy, on deputation, as a Principal Consultant, under Rule 6(2)(ii) of The Indian Administrative Service (Cadre) Rules, 1954.

Executive director in World Bank

Garg was appointed as an executive director in the World Bank by the Appointments Committee of the Cabinet (ACC) for a tenure of three years, Garg assumed the office of executive director on 10 September 2014, and demitted on 21 June 2017, because of his appointment as the Union Economic Affairs Secretary.

Economic affairs secretary

Garg was appointed as the Union Economic Affairs Secretary by the Appointments Committee of the Cabinet (ACC) in June 2017, he assumed the office of the Secretary on 12 July 2017 and served there till 26 July 2020.

References

1. "Subhash Chandra Garg designated as Finance Secretary". www.thehindubusinessline.com. Retrieved 9 March 2019.
2. ^ "Subhash Chandra Garg - Executive Record Sheet". Department of Personnel and Training, Government of India. Retrieved 15 January 2018.
3. ^ "Subhash Chandra Garg - Officer Service History". Department of Personnel, Government of Rajasthan. Retrieved 15 January 2018.
4. ^ "Board of Directors - Shri Subhash Chandra Garg" (PDF). Reserve Bank of India. Retrieved 15 January 2018.
5. ^ "Who is Subhash Chandra Garg, the man who replaces Shaktikanta Das as DEA secretary". The Financial Express. New Delhi. 22 June 2017. Retrieved 15 January 2018.
6. ^ Roychoudhury, Arup (23 June 2017). "Meet Subhash C Garg, the new DEA secretary". Rediff.com. New Delhi. Retrieved 15 January 2018.
7. "The Indian Administrative Service (Cadre) rules, 1954" (PDF). Department of Personnel and Training, Government of India. 1954. Retrieved 13 August 2017.
8. "Subhash Chandra Garg appointed as World Bank ED". The Hindu. New Delhi. 11 September 2014. Retrieved 15 January 2018.
9. "Subhash Chandra Garg appointed as World Bank Executive Director". The Economic Times. New Delhi. 10 September 2014. Retrieved 15 January 2018.
10. "Subhash Chandra Garg appointed as World Bank ED". Hindustan Times. 11 September 2014. Retrieved 15 January 2018.
11. "Garg is new economic affairs secy". The Hindu. New Delhi. 21 June 2017. Retrieved 15 January 2018.
12. "Shri Subhash Chandra Garg, IAS (RJ:83) assumes office as the New Secretary, Department of Economic Affairs, Ministry of Finance". Press Information Bureau of India. 12 July 2017. Retrieved 15 January 2018.
13. "Subhash Garg takes charge as Economic Affairs Secretary". Business Line. New Delhi: The Hindu. 12 July 2017. Retrieved 15 January 2018.
14. "Subhash Garg takes charge as DEA Secretary". Business Standard. New Delhi. 12 July 2017. Retrieved 15 January 2018.
15. "Subhash Garg takes charge as economic affairs secretary". India Today. New Delhi. 12 July 2017. Retrieved 15 January 2018.

External links

• Executive Record Sheet as maintained by Department of Personnel and Training of Government of India
• Officer Service History as maintained by Department of Personnel of Government of Rajasthan
• Executive Profile on Bloomberg

v t e Ministry of Finance (India)
Departments	Economic Affairs Economic Division: Economic Survey Budget Division: Union budget Expenditure Pay Commission 7th Central Pay Commission (CPC) and Defence Forces Sixth Central Pay Commission Revenue Income Tax Department Central Board of Indirect Taxes and Customs Financial Services Pradhan Mantri Jan Dhan Yojana DIPAM Disinvestment in India Disinvestment of Public Sector Units in India DPE Efficient monitoring of the capital expenditure Asset monetisation and financial health of the Central Public Sector Enterprises (CPSEs)
Secretaries	Economic Affairs Rajiv Mehrishi Shaktikanta Das Subhash Chandra Garg Atanu Chakraborty (incumbent) Revenue Shaktikanta Das Ajay Bhushan Pandey Hasmukh Adhia (incumbent) Finance Ratan P. Watal Ashok Lavasa Hasmukh Adhia Ajay Narayan Jha Rajiv Kumar (incumbent)
Finance ministers	R. K. Shanmukham Chetty John Mathai C. D. Deshmukh T. T. Krishnamachari Jawaharlal Nehru Morarji Desai Sachindra Chaudhuri Indira Gandhi Yashwantrao Chavan Chidambaram Subramaniam Hirubhai M. Patel Charan Singh Hemwati Nandan Bahuguna R. Venkataraman Pranab Mukherjee Vishwanath Pratap Singh Rajiv Gandhi N. D. Tiwari Shankarrao Chavan Madhu Dandavate Yashwant Sinha Manmohan Singh Jaswant Singh P. Chidambaram I. K. Gujral Arun Jaitley Piyush Goyal Nirmala Sitharaman (incumbent)
Ministers of state for finance	Nirmala Sitharaman Jayant Sinha Arjun Ram Meghwal Pon Radhakrishnan Anurag Thakur Bhagwat Karad (incumbent) Pankaj Chaudhary (incumbent)
Chief Economic Advisor	JJ Anjaria IG Patel IG Patel VK Ramaswamy Ashok Mitra Manmohan Singh RM Honavar Bimal Jalan Nitin Desai Deepak Nayyar Shankar Acharya Rakesh Mohan Ashok K Lahiri Arvind Virmani Kaushik Basu Raghuram Rajan Arvind Subramanian Krishnamurthy Subramanian V. Anantha Nageswaran (incumbent)
Finance commissions	1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th 13th 14th 15th

• Indian Administrative Service officers
• People from Jaipur
• People from Jaipur district
• Living people
• 1960 births