New Delhi, July 09: In a major reshuffle at the top echelons of the finance ministry, revenue secretary, S Narayan, senior most IAS officer in the ministry, was tonight appointed finance secretary and economic affairs secretary besides inter-changing of portfolios of two ministers of state. Minister of State Gingee Ramachandran, who was holding the portfolio of revenue, will now look after banking, insurance and expenditure, official sources told reporters.

Minister of State Anant Geete, a Shiv Sena member who came in place of Balkasaheb Vikhe Patil after his elevation as cabinet minister, will now be in charge of revenue. Until now he was looking after banking, insurance and expenditure.

Ajay Vikram Singh will replace Narayan as revenue secretary, an official announcement said, adding expenditure secretary C S Rao will continue to hold the same post. D.C. Gupta will now be the new banking and insurance secretary. As part of the efforts to downsize the ministry the post of banking secretary was dispensed with and the department was headed by an additional secretary.
Bureau Report