The notification formalising the first major bureaucratic reshuffle under the present government on Wednesday evening was a surprise. However, Finance Secretary Subhash Chandra Garg’s exit from North Block wasn’t, as the buzz on his departure had been gaining traction in bureaucratic circles for a few months now.
Owing to a number of factors, Garg — a 1983 batch Rajasthan cadre officer —was seen as one of the most powerful finance secretaries in recent times.
A number of officials who spoke to Business Standard immediately after the 2019-20 Union Budget said that owing to Finance Minister Nirmala Sitharaman being new to her role,