Armed with degrees in zoology and law, plus a post-graduate diploma in public policy, he has been joint secretary in the expenditure department looking after state finances
The designation of Kumar as the Finance Secretary comes in the backdrop of transfer of Subhash Chandra Garg as the power secretary
Making credit rating agencies more accountable is also another challenge, the secretary said
The investment cycle has certainly turned upwards
Niti Aayog vice-chairman RAJIV KUMAR says he wishes the Reserve Bank of India's Monetary Policy Committee would reduce rates when its meets on Tuesday and Wednesday but this might not be fulfilled. In an interview with Indivjal Dhasmana, he says additional funds could be generated through disinvestment and that demonetisation and goods and services tax (GST) are "remarkable" structural reforms. Edited excerpts:The government is not able to propel the economy as its fiscal deficit has already touched 96 per cent of the Budget Estimate in the first five months of the current financial year. Do you think this is a fair assessment?No, I don't think so, as government expenditure includes large allocations to ministries which remain unspent. You always have the first two quarters (the financial year began April 1) when revenues are much smaller than expenditure. This is more so because of advancement of the Budget this year that has done away with the practice of starting allocations from ..
According to a column by Kumar, foreign influence on Indian policy making is fading under Modi