The Team Behind 2023 Budget Draft

Nirmala Sitharaman, as India’s tough talking finance minister, needs no introduction. An alumnus of JNU, she has successfully navigated the Indian economy through a very difficult and challenging 3 years. This will be the fourth successive budge that she will present.

TV Somanathan a senior bureaucrat of the Tamil Nadu cadre is in the all-important role of Finance Secretary handling expenditure department. One of his big contributions in the last few quarters has been encouraging the capex to be boosted by the government, even if it means cutting down on other revenue outlays and non-merit subsidies.

Ajay Seth is the secretary in charge of the Department of Economic Affairs. Seth has a key role to play in the Union budget and works more as a person reconciling the internal and inherent conflicts between monetary policy and fiscal policy. Seth is also the chairman of the G20 central bank.

Tuhin Kanta Pandey is best known for his role in pushing through the disinvestment process at the earliest. He is secretary Department of Investment and Public Asset Management (DIPAM), which had replaced the Planning Commission. He is closely involved in setting disinvestment targets and identifying the list of public sector players ripe for disinvestment.

Sanjay Malhotra, a 1990-batch IAS officer of the Rajasthan cadre. Malhotra was recently shifted to the Revenue Department from the Department of Financial Services. He plays a key role in revenue expectations for the coming fiscal year.

Vivek Joshi, who was recently appointed the Secretary of the Department of Financial Services. He takes over for incumbent Sailesh, who was appointed RGI and Census Commissioner in Jan 2018.

V Anantha Nageswaran, who combines the best of academic rigor and industry experience as the chief economic adviser (CEA). He had a small role in the previous budget as he had been just appointed.