Friday, January 28, 2011

Sushma Nath set to be first woman finance secy

NEW DELHI: Expenditure secretary Sushma Nath is all set to take over as finance secretary.

Nath, a 1974 Madhya Pradesh cadre Indian Administrative Service officer, will be the first woman to occupy the finance secretary's chair in North Block. Government sources said the notification for the changes in the finance ministry would be announced in the next couple of days.

The low profile Nath is considered to be an efficient officer and is a stickler for rules. She has been officiating as the expenditure secretary since 2008 and is the senior most officer in the finance ministry. She is due to retire on March 31.

The current finance secretary Ashok Chawla retires on January 31.

The changes in the finance ministry take place at a time when finance minister Pranab Mukherjee is drawing up the 2011-12 budget to be presented in Parliament on February 28.

Financial services secretary R Gopalan is likely to take over as the economic affairs secretary. Gopalan, who took over as financial services secretary last year, is a 1976 Tamil Nadu cadre IAS officer.

Read more: Sushma Nath set to be first woman finance secy - The Times of India http://timesofindia.indiatimes.com/business/india-business/Sushma-Nath-set-to-be-first-woman-finance-secy/articleshow/7380312.cms#ixzz1COZTEdk4

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