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Rs 2,000 notes can be demonetized without disruption: Ex-department of economic affairs Secretary

New Delhi: Endorsing the estimates of Rs 2,000 notes shrinking in circulation, former department of economic affairs (DEA) secretary S.C. Garg has said that the high-value notes can be demonetised without causing any disruption. He claimed that the Rs 2,000 notes may not have been in circulation much now as they have been hoarded by people. […]

Former Finance secretary Subhash Chandra Garg (File Photo)

Former FS Subhash Chandra Garg calls transfer to Power Ministry ‘punishment posting’

New Delhi: Former Finance secretary Subhash Chandra Garg, who retired from service on Thursday, has said that his unconventional style of work during his 36-year long public service career, had resulted in several ‘punishment postings’ and ‘unceremonious exits’, the most prominent one being his transfer from the Department of Economic Affairs to the Power Ministry. […]

Former Finance Secretary Subhash Chandra Garg (File Photo)

Subhash Chandra Garg’s exit from Finance Ministry as high profile as tenure

New Delhi:  Former Finance Secretary Subhash Chandra Garg, a 1983 batch IAS officer and the senior-most in the service, on Thursday applied for voluntary retirement from service after being shifted out of the Finance Ministry to the Power Ministry. There are various versions and theories of this transfer which has been a key discussion point […]

Economic Affairs Secretary Subhash Chandra Garg (File Photo/ Twitter)

GDP growth at 7.1% seems disappointing: Economic Affairs Secretary

New Delhi :  Economic Affairs Secretary Subhash Chandra Garg on Friday said it “seems disappointing” that India’s GDP growth rate slowed to 7.1 per cent in the second quarter of 2018-19. He said while manufacturing and agriculture growth was steady, construction and mining reflected deceleration due to the monsoon. However, he said the half-year growth […]