Tyagi was the first to be appointed secretary in the Petroleum and Natural Gas Regulatory Board (PNGRB) in November 2006. When he joined PNGRB, the chairman to the board had not been appointed and he was responsible for coming out with the early regulations for the city gas distribution sector.
Drafting regulations was not tough for him since he had been involved with the framing of PNGRB Act itself as joint secretary in the Ministry of Petroleum and Natural Gas.
After completing his five-year tenure in the ministry, first as director and then as joint secretary, Tyagi spent two years in PNGRB before moving back to his cadre state handling portfolios as diverse as finance, IT and printing and stationery.
The 58-year-old Tyagi is a post-graduate in economics as well as computer science. Prior to joining the finance ministry in October 2014, he spent two years in the environment ministry. “He is positive and likes to get work done” is how a retired bureaucrat described him. “I assume he will push the reform agenda with strength.”
In the finance ministry, Tyagi’s responsibilities include investment, capital markets, bilateral relations and currency. Some of the key decisions that Tyagi has been involved in are the setting up the monetary policy committee, demonetisation, development of the corporate bond markets, and foreign investments.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in