S Narayan, revenue secretary, was today appointed finance secretary with charge of the department of economic affairs.
Narayan, the seniormost IAS official in the ministry, would be succeeded in the revenue department by Ajay Vikram Singh, special secretary (defence procurement), an official announcement said.
Jaswant Singh is also likely to appoint former finance secretary Vijay Kelkar as his adviser with the rank of minister of state.
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Jaswant Singh, who would look after the newly added department of company affairs, swapped the portfolios of the two ministers of state. Minister of state Gingee Ramachandran will be given charge of banking, insurance and expenditure. Minister of state Anant Geete will be in charge of revenue.
The interview for the post of the chief economic adviser will be held on July 25.
Narayan takes over the department of economic affairs from C M Vasudev, who has been appointed India