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At present, Expenditure Secretary ...
At present, Expenditure Secretary Ratan P Watal, an IAS officer from Andhra Pradesh, is from the same batch as Mehrishi.
But, according to the IAS Civil List, Mehrishi is senior to Watal, based on the civil services examination result, and is likely to be appointed Finance Secretary.
Mr. Ratan P ...
Mr. Ratan P Watal
...Mr. RATAN P WATALMr. Ratan P. Watal
has more than 25 years of administrative experience in Government.He
has varied experience in the field of Economic Affairs, Diplomacy and Human Resource Development in both the Central and State Governments. He joined Indian Administrative Service in 1978.He served in field posts related to rural development, promotion of self employment in urban areas, sports development and youth affairs.He was also Collector and District Magistrate of Guntur district in Andhra Pradesh, India.
During 1990s, he
moved on to posts in the Central Government.He was Director, Department of Economic Affairs, during which he was involved actively in the policy formulation regarding foreign aid and coordinated projects funded by the Asian Development Bank.He was also Private Secretary to the Prime Minister of India and also worked in the Ministries of Human Resource Development and External Affairs. He also worked as the Technical Assistant to India's Executive Director in the International Monetary Fund (IMF), Washington.
assignment in the IMF he
returned to India
and in October 2000 joined the Finance Department
as Principal Secretary, Institutional Finance in the Government of Andhra Pradesh.In December 2002, he was appointed as Managing Director, Andhra Pradesh State Financial Corporation. Mr. Watal
is fluent in English, French, Hindi, Urdu and Telugu languages.He has been member of the Osmania University Executive Council and the Andhra Pradesh Council of Higher Education.He continues to be on the Board of the Institute of Public Enterprises, Hyderabad.He is also the Secretary of the Andhra Pradesh Indian Administrative Service (APIAS) Officers' Association.
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Earlier speaking on the occasion, Mr Ratan P. Watal, Secretary (Expenditure), Government of India said that the Indian Cost Accounts Service (ICoAS) officers deal in quite varied and wide subject matters of contemporary significance, namely, pricing of industrial products and services, determination of various subsidies, petroleum under recoveries, and systems studies.
said that recently, Chief Adviser Cost has rendered important advice in new areas like assessment of Foreign Allowance payable to the Indian staff posted at various missions abroad, evaluation of the consortium credit funding in Khadi Industries, and review of Fees and User Charges charged by various public authorities.
In their reports, Mr Watal
said that the Chief Adviser Cost has, quite often, recommended significant suggestions for operational improvements including areas for cost reduction.
But the finance ministry and oil ...
But the finance ministry and oil ministry are in talks to work out a mechanism for easing the subsidy burden for the upstream companies, Ratan P Watal, expenditure secretary at the Ministry of Finance, said yesterday.
In a communication, Expenditure Secretary ...
In a communication, Expenditure Secretary Ratan Watal said departments should "strictly" adhere to the Revised Estimates ceilings for the current financial year.
emphasised on the need to ensure that expenditure is contained within the approved revised estimate ceiling and under no circumstances, "the ceiling is breached".
asked the additional secretary and financial advisor to the ministry of finance "to closely monitor the expenditure during the last quarter of the current financial year and avoid any rush to expenditure".