DIPP Secy

The CBI is conducting searches at the premises of former DIPP secretary Ramesh Abhishek in a corruption case, officials said Tuesday. The 1982-batch IAS officer from Bihar cadre retired from service in 2019 and later joined a private company, they said. The agency is conducting searches at one premises of Abhishek, who was secretary in erstwhile Department of Industrial Policy and Promotion (DIPP), in Delhi in connection with the corruption case, they said. More details are awaited.

The development comes amid speculation that he is one of the top contenders for the post of Sebi chief

As more companies go towards resolution, the recovery rate will improve and our rank will progress, he added