Finance Minister Nirmala Sitharaman is going to present the budget in Parliament on Monday, February 1 at 11 am. They have already said that this time the budget will be better than before. Notably, the government prepares the country’s budget for the whole year. The general budget contains accounts of government revenue and expenditure. The budgeting process starts 5 months in advance. Today we will tell you about Nirmala Sitharaman’s ‘Special 6’ team which has the most important contribution in making the budget.
Delhi: Finance Minister Nirmala Sitharaman with the Budget team; she will present the Union Budget 2021-22 tomorrow. pic.twitter.com/HbHQGiLhWM
– ANI (@ANI) January 31, 2021
Krishnamurti Subramaniam is the Chief Economic Adviser. He has a PhD in Financial Economics. Krishnamurthy taught at the Indian School of Business before becoming Subramaniam’s chief economic adviser. Subramaniam is considered an expert in banking, corporate governance and economic policy.
Ajay Bhushan Pandey
Ajay Bhushan Pandey is the Revenue Secretary. He is a 1984 bench Maharashtra cadre IAS officer. Pandey has previously been the CEO of UIDAI. He has done Electrical Engineering from IIT Kanpur. Ajay Bhushan Pandey will retire at the end of February. Pandey has a responsibility to raise revenue to spend on health and defense and to create a balance that keeps income tax rates low in the event of an epidemic.
TV Somnathan is the secretary of the expenditure department. He has a PhD in Economics. Somnathan is a 1987 bench IAS officer of the Tamil Nadu cadre. He has previously worked at the World Bank. TV Somnathan has been the Joint Secretary in the Prime Minister’s Office from 2015 to 2017.
Secretary Tarun Bajaj has also worked in the PMO in the Department of Economic Affairs in the Ministry of Finance. He is an IAS officer of 1988 Haryana Bench. They have played a key role in all packages, including a self-reliant India.
Tuhin Kant Pandey
Tuhin Kant Pandey is the Secretary, Department of Investment and Public Asset Management. Seeing Corona, his role in this budget becomes the most important. Pandey is an IAS officer of the Odisha cadre of the 1987 bench. He was appointed as the Secretary of DIPAM in 2019.
Devashish Panda is the Principal Secretary in the Financial Services Department of the Ministry of Finance. All the advertisements connected with the financial sector in the budget are due to them. Panda is a 1987 Uttar Pradesh bench IAS officer. Panda is working with the RBI to ensure the stability of the financial system.