Posts
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-inr-small.gif)
IF YOU thought woman power is confined only to household budgets while men tackled more pressing matters of state, it's time for a rethink. An all-women team of senior officers is in charge of preparing the expenditure part of the Union Budget, likely to be presented on July 3 by finance minister Pranab Mukherjee.
The team, led by Sushama Nath, secretary at the department of expenditure under the ministry of finance, will comprise officers from the Indian Administrative Service, railway accounts and defence accounts services.
The department of expenditure, which already has an additional secretary and three joint secretary-level women officers, recently recruited another woman joint secretary for the position of comptroller aid accounts and audit (CAAA). While there are a few good men also in the department, they are all below joint secretary level and hence do not deal directly with Budget matters.
With their experience and background, this all-women team is expected to do a good job for their male political boss Mr Mukherjee in preparing the budget, said a finance ministry official, requesting anonymity. The department of expenditure plays a crucial role in Budget preparation, finalising the document along with the department of economic affairs (DEA). The other departments of the finance ministry handle financial services, revenue and disinvestment.
Ms Nath, an officer of the 1974 IAS batch, had played a key role in the sixth Pay Commission where she was the member secretary. Her deputy, additional secretary Vilasini Ramachandran and a 1977 batch IAS officer from Gujarat cadre (incidentally also the parent cadre of finance secretary Ashok Chawla) has a reputation for being a brilliant officer.
Other senior officers in this all-women team include joint secretaries Anjuly Chib Duggal of the 1981 IAS batch, Indian Railway Accounts Service (IRAS) official Meena Aggarwal and Defence Accounts Service officer Madhulika Prasad Sukul.
The expenditure department's role is important in the Budget, considering its engagement in both Plan and non-Plan expenditure. According to the government's allocation of business rules, the department has the authority of financial sanction relating to all ministries and offices of the government which are not covered by powers delegated or conferred by the rules or by any general or special orders.
shanatanu.sharma@timesgroup.com
The team, led by Sushama Nath, secretary at the department of expenditure under the ministry of finance, will comprise officers from the Indian Administrative Service, railway accounts and defence accounts services.
The department of expenditure, which already has an additional secretary and three joint secretary-level women officers, recently recruited another woman joint secretary for the position of comptroller aid accounts and audit (CAAA). While there are a few good men also in the department, they are all below joint secretary level and hence do not deal directly with Budget matters.
With their experience and background, this all-women team is expected to do a good job for their male political boss Mr Mukherjee in preparing the budget, said a finance ministry official, requesting anonymity. The department of expenditure plays a crucial role in Budget preparation, finalising the document along with the department of economic affairs (DEA). The other departments of the finance ministry handle financial services, revenue and disinvestment.
Ms Nath, an officer of the 1974 IAS batch, had played a key role in the sixth Pay Commission where she was the member secretary. Her deputy, additional secretary Vilasini Ramachandran and a 1977 batch IAS officer from Gujarat cadre (incidentally also the parent cadre of finance secretary Ashok Chawla) has a reputation for being a brilliant officer.
Other senior officers in this all-women team include joint secretaries Anjuly Chib Duggal of the 1981 IAS batch, Indian Railway Accounts Service (IRAS) official Meena Aggarwal and Defence Accounts Service officer Madhulika Prasad Sukul.
The expenditure department's role is important in the Budget, considering its engagement in both Plan and non-Plan expenditure. According to the government's allocation of business rules, the department has the authority of financial sanction relating to all ministries and offices of the government which are not covered by powers delegated or conferred by the rules or by any general or special orders.
shanatanu.sharma@timesgroup.com
SUBSCRIBE TO Free SMS Alerts on India Stock Markets
OR SEND SMS "ON WAY2TRADE " TO 9870807070
DisasterAwareness | Health | Insurance | Forex| Commodities|
Earn decent money by receiving SMSes on your cell phone. Free Signup!
OR SEND SMS "ON WAY2TRADE " TO 9870807070
DisasterAwareness | Health | Insurance | Forex| Commodities|
Chat 
ways2invest 
wilint
ways2invest wilintContact Me 
Ways2Health Health insurance needs PROPER DIAGNOSIS
0 comments:
Post a Comment