Tarun Bajaj new DEA Secy; ex-PMO official to vet all economic revival proposals at FinMin

Tarun Bajaj on Friday took over as new Secretary of Department of Ecomic Affairs (DEA), after superannuation of Atanu Chakraborty on 30 April. Tarun Bajaj is an Indian ministrative Service (IAS) officer of Haryana Cre who previously held charge as ditional Secretary in Prime Minister's Office, said a statement released by  Ministry of Finance.

Appointment as DEA Secy cleared on Sunday

Bajaj's appointment as DEA Secretary was cleared on Sunday by Appointments Committee of Cabinet heed by Prime Minister Narendra Modi, amid a slew of or top-level bureaucratic changes. Bajaj was appointed as Joint Secretary in Prime Minister's Office (PMO) in April 2015 and since n, got promoted to ditional Secretary during his five-year stint.

As DEA's Secretary, Bajaj will vet all important proposals to revive ecomy. In his new role, he will need to work closely with Reserve Bank of India and capital markets regulator Securities Exchange Board of India (SEBI) to ensure quick steps are taken in interest of financial stability.

Ecomic Affairs Department assists government in maintaining sound public finances through sustainable, equitable and efficient use of nation's ecomic resources.  DEA will also be at forefront of talks with states to ensure y have equate funding to battle Covid-19.

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(With ncy inputs)