Government to soon announce name of New Finance Secretary

New Delhi, July 9, 2025: With the retirement of Finance Secretary Ajay Seth on June 30th, 2025, the Finance Ministry is facing uncertainty in the new replacement after the nine days that have already passed. The Finance Secretary is the one who plays a vital role in developing and maintaining the economic policies along with the driving of financial reforms.

According to the speculations moving on, it is expected very often that the senior-most bureaucratic officer is placed in the due position. Therefore, the senior-most Secretary among the six departments under the Finance Ministry is usually designated as the Union Finance Secretary.

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The six departments mentioned are Economic Affairs, Expenditure, Revenue, Investment & Public Asset Management, Financial Services and Public Enterprise.

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Currently, the senior-most secretary right now is DPE Secretary K Moses Chalai who is a 1990-batch IAS Officer of Manipur-cadre.

The government will be soon announcing the name of a new Finance Secretary as the Parliament is soon going to witness a Monsoon Session from 21st July.

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