It must have taken Palaniappan Chidambaram only a few minutes to walk to his new office from the old one. But his shift from the home ministry to finance, without doubt, was a meticulously planned exercise. After all, he did shake up the Ministry of Finance, swapping the roles of at least four of its senior officers.
In the first fortnight of him taking over as finance minister, Chidambaram named economics wunderkindRaghuram Rajan as chief economic adviser, elevated two women tax hounds as chairmen of CBDT and CBEC and brought in Arvind Mayaram as DEA secretary. It sure was a hectic fortnight.
The FM is yet to announce more changes. For, two out of five secretaries in the ministry will retire before he presents the Union Budget next February. And between now and then, there could be more changes on the cards. ET Magazine takes a close look at people who matter and people who don't — for PC, of course.
FM's Deputies
When the PM took additional charge of finance ministry for over a month, both the MoS were given more power, but that remained only in paper. Sample this: Meena was allocated the work of appointing directors in PSU banks, a job Pranab Mukherjee used to handle. But the first such appointment will happen only in April 2013.
Swapping Roles
In the first major administrative reshuffle after taking over as FM, Chidambaram swapped the roles of two of his most senior secretaries. This was followed by assigning new roles for joint secretary-level officers.
Women Power
For the first time in the history of North Block, both CBDT & CBEC are headed by women. As chairpersons of the tax boards, these two women tax hounds will anchor the ministry's drive to achieve a revenue target of Rs 10.7 lakh crore current fiscal.
Poonam Kishore Saxena, Chairperson, CBDT
1975 batch IRS-IT officer; rank of special secretary As DG (Investigation) of Rajasthan she was instrumental in a number of big-ticket raids.
Praveen Mahajan, Chairperson, CBEC
1976 batch IRS officer, Rank of special secretary She will be leading an all-women team as other CBEC members are women.
Only last year, Sushama Nath became the first woman finance secretary breaking the glass ceiling.
B-DAY
Rajat Bhargava | 48 years
1990 batch IAS, Andhra cadre
As joint secretary (budget), he will be the key man putting together the final draft of the next budget. He will stay in North Block 24X7 during the last seven days of the budget preparation in February.
Other Secretaries
Here are 3 secretaries in the FM's team other than Gujral and Bose. Who are they, what do they do, and who among them will face early exits?
In the first fortnight of him taking over as finance minister, Chidambaram named economics wunderkindRaghuram Rajan as chief economic adviser, elevated two women tax hounds as chairmen of CBDT and CBEC and brought in Arvind Mayaram as DEA secretary. It sure was a hectic fortnight.
The FM is yet to announce more changes. For, two out of five secretaries in the ministry will retire before he presents the Union Budget next February. And between now and then, there could be more changes on the cards. ET Magazine takes a close look at people who matter and people who don't — for PC, of course.
FM's Deputies
 |
 |
When the PM took additional charge of finance ministry for over a month, both the MoS were given more power, but that remained only in paper. Sample this: Meena was allocated the work of appointing directors in PSU banks, a job Pranab Mukherjee used to handle. But the first such appointment will happen only in April 2013.
Swapping Roles
In the first major administrative reshuffle after taking over as FM, Chidambaram swapped the roles of two of his most senior secretaries. This was followed by assigning new roles for joint secretary-level officers.
 |
 |
Women Power
For the first time in the history of North Block, both CBDT & CBEC are headed by women. As chairpersons of the tax boards, these two women tax hounds will anchor the ministry's drive to achieve a revenue target of Rs 10.7 lakh crore current fiscal.
Poonam Kishore Saxena, Chairperson, CBDT
1975 batch IRS-IT officer; rank of special secretary As DG (Investigation) of Rajasthan she was instrumental in a number of big-ticket raids.
Praveen Mahajan, Chairperson, CBEC
1976 batch IRS officer, Rank of special secretary She will be leading an all-women team as other CBEC members are women.
Only last year, Sushama Nath became the first woman finance secretary breaking the glass ceiling.
B-DAY
Rajat Bhargava | 48 years
1990 batch IAS, Andhra cadre
As joint secretary (budget), he will be the key man putting together the final draft of the next budget. He will stay in North Block 24X7 during the last seven days of the budget preparation in February.
 |
Other Secretaries
Here are 3 secretaries in the FM's team other than Gujral and Bose. Who are they, what do they do, and who among them will face early exits?
 |
 |
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