Finance Secretary Hasmukh Adhia will retire at the end this month, Finance Minister Arun Jaitley said in an announcement.
Finance Secretary Hasmukh Adhia will retire at the end this month, Finance Minister Arun Jaitley said in an announcement, thanking him for successfully implementing the flagship Mudra Yojana and key reform Goods and Services Tax.
“Hasmukh Adhia, the Finance Secretary, retires at the end of this month. He has been in the Finance Ministry for four years and held the specific responsibility of the Revenue Secretary for the last three years,” Jaitley in a Facebook post.
Last year in November, Adhia, a 1981 batch IAS officer of Gujarat cadre, was designated the position of Finance Secretary along with Revenue Secretary. “His contributions in successfully accomplishing the Mudra Yojana has been laudable,” Jaitley wrote.
“Dr. Adhia’s tenure saw an exponential increase in tax base and the tax realisations. He was ably supported by the two boards, CBDT and CBIC. The follow-up after demonetisation in detecting the large cash depositors and making them accountable was no mean challenge,” the finance minister added.
Jaitley said while the government wanted him to continue to work in some alternate capacity but Adhia declined to do so.
“He had informed me earlier this year that he would not work for a single day after the 30th of November 2018. His time thereafter belongs to his favourite passion (spirituality and yoga) and of course his son,” the Minister said.