E-PaperSubhas Garg News
After bureaucratic reshuffle, Subhash Garg seeks early retirement
A day after the new Modi government effected a major bureaucratic reshuffle, former Economic Affairs Secretary, Subhash Chandra Garg, sought voluntary retirement. He has been moved to the Power Ministry as its top bureaucrat. Garg is believed to have been the architect behind the unprecedented plan to raise funds by issuing sovereign bonds overseas. His successor is Secretary, Department of Investment and Public Assets Management, Atanu Chakraborty. Garg's predecessor in the power ministry, AK Bhalla, has been chosen to be the next Home Secretary. Watch the full video for more.
26 Jul 2019Subhash Garg hints of raising $10 billion in first foreign bond sale
Modi government faces shrinking options to raise funds as a slowing economy crimps tax revenueDetails will come in September when the government announces borrowing plans for second half
1 min read7 Jul 2019Stage set for another RBI-govt showdown
Govt says talks with RBI on for appropriate framework of the central bank
2 min read9 Nov 2018Govt likely to appoint new CEA within two months
The search committee appointed by the finance ministry is expected to finalise the list of suitable candidates soon
1 min read19 Oct 2018Electoral bonds a success: DEA secretary Subhash Garg
Electoral bonds emerging as a key instrument for financing polls
1 min read6 May 2018India seeks ADB financing in start-ups, fintech firms
Economic affairs secretary Subhash Garg urges ADB to invest in fintech firms and start-ups, and resists a US proposal for differentiated pricing of multilateral lending based on national income of the agency's clients
3 min read5 May 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared