Comments
Saurabh Chandra, Secretary in the Department of Industrial Policy & Promotion, will be the new Oil Secretary. He will replace Vivek Rae who is retiring on February 28.
The file for appointment of new Petroleum & Natural Secretary has been signed by the concerned authorities including the Prime Minister and now a formal order is expected any time.
Chandra is a 1978 batch Indian Administrative Service officer of Uttar Pradesh cadre. He was Additional Secretary with the Commerce and Industries Ministry before being appointed as Secretary in the Department of Industrial Policy and Promotion on April 17, 2012. Chandra will have a stint of more than a year.
He is coming to the Petroleum Ministry at a time, when two key policy initiatives are to be unveiled – revision of natural gas pricing and new round oil and gas block auctions.
As DIPP Secretary, he played a key role in overhauling foreign direct investment policy including opening up of multi brand retail trade and allowing foreign airlines to pick up equity in domestic airlines.
In another shift, Private Secretary to the Prime Minister Indu Shekhar Chaturvedi will move to the International Monetary Fund, Washington.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.