New Delhi: Prime Minister Narendra Modi approved the designation of Ratan Watal as the new Finance Secretary.
Traditionally, the seniormost bureaucrat in the finance ministry is named Finance Secretary. Watal, 59, is a 1978-batch Andhra Pradesh cadre IAS officer.
He is known as a model Narendra Modi bureaucrat who keeps away from the media and is known to do his job diligently. He is said to be one of the officials who convinced Finance Minister Arun Jaitley to delay the fiscal consolidation road map.