Duggal, who became Corporate Affairs Secretary earlier this year, has been now made Secretary in the Department of Financial Services in the Ministry of Finance in place of Hasmukh Adhia who is becoming Revenue Secretary.
Ray, 1982 batch IAS officer and currently Additional Secretary in the Department of Electronics and Information Technology, would become Corporate Affairs Secretary after Duggal relinquishes charge of the post.
Ray, a Mechanical Engineer and then a Law Graduate, is also a Post Graduate in Public Policy and International Affairs and holds diplomas in German language, international law and international business.
He joins Corporate Affairs Ministry at a time when the government has identified ease of doing business as a key focus area and the new Companies Act is going through a number of changes to make it easier for the companies to do business in the country.
