TIL Desk/Business/London/ Former Finance Secretary Subhash Chandra Garg has dismissed any connection between his decision to seek voluntary retirement from service and his transfer to Secretary in the Power Ministry, which is seen as a downgrade from the coveted position he held.
Speaking to reporters, immediately after taking charge at the Power Ministry on Friday, Garg noted that he had discussed the issue of early exit from service with the Prime Minister”s Office (PMO) on July 18. However, a formal application for voluntary retirement was given on July 24, the day the government announced a major reshuffle of top bureaucracy late in evening.
“So there is no connection…I am grateful to the PM and the system to post me here in the Power Ministry, which is such an important ministry. The dream of $5 trillion economy will not be achieved unless power the sector performs. Economy growth is also dependent on the power sector”s performance,” Garg said.
Asked whether his application for VRS (voluntary retirement scheme) has been accepted and whether he would reconsider the decision, he said that the application will also have to be approved by his parent state cadre and they have three months time to take the decision.”I have conveyed the decision on VRS for personal reasons. The question is not relevant (on whether he would reconsider),” he said.
