New Delhi: Former finance secretary Subhash Chandra Garg has opted for voluntary retirement scheme (VRS), after being appointed power secretary in a major bureaucratic reshuffle late on Wednesday, a source in the know told Mint.
The Narendra Modi-led government transferred Garg to the power ministry and appointed Atanu Chakraborty as the new economic affairs secretary, according to an official notification of the Ministry of Personnel, Public Grievances and Pensions. Garg was also in charge of the Department of Investment and Public Asset Management (DIPAM).
It was learnt that Garg submitted the VRS application Wednesday night which is currently under process, the source cited above said.
The finance ministry, which is yet to confirm Garg’s offer to step down, said the ministry was not involved in the appointment process.
Garg, a 1983 batch IAS officer from the Rajasthan cadre took over as department of economic affairs secretary in 2017. He became the finance secretary in December, 2018.
