With a new economic affairs secretary, the central government will hasten work on the recommendations of the committee on redrawing the Fiscal Responsibility and Budget Management (FRBM) law.
Finance ministry officials are expected to make a presentation to Prime Minister Narendra Modi on the proposed fiscal road map till 2022-23, Business Standard has learnt.
Subhash Garg took charge on Wednesday as the secretary of the department of economic affairs, which includes the budget division. His predecessor, Shaktikanta Das, had retired on May 30. Between then and now, corporate affairs secretary Tapan Ray had taken the additional charge.
"The FRBM panel
