India's current expenditure secretary, AN Jha, was appointed the new finance secretary of the country on 03 December 2018. In a recent government order, it has been said that he will take over as the country's new finance secretary.
The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi approved the appointment of Jha as the Finance Secretary. After the retirement of Hasmukh Adhyya on November 30, this appointment has been done.
59-year-old Ajay Narayan Jha of Manipur-Tripura cadre is a 1982 batch IAS officer. Junk, who graduated and graduated from St Stephen's College, received a prize for a Master's degree in Economic Policy and Management from MacGill University Canada from World Bank.
He got an MPhil degree in Public Administration from Delhi University. AN Jha has been holding various important positions in the Government of India, in which the Principal Secretary in the Department of Environment and Forests, Manipur Renewable Energy Development Agency, Chairman of the United Nations Economic and Social Commission for Asia and Pacific, and the Consultant from India Are there.
The Finance Secretary is the senior-most IAS officer of the Finance Ministry of India, who coordinates the work of different departments of the Ministry. The Ministry of Finance is composed of five departments, the Department of Economic Affairs, Department of Revenue, Department of Expenditure, Department of Financial Services and Investment and Public Property Management.
Each department has a secretary and every secretary reports to the finance minister. All these secretaries have a finance secretary who is senior to this. So far, most of the Finance Secretaries of India have been IAS officers, while some economists have also reached this position. In the Indian currency, the notes of one rupee are signed by the Finance Secretary.