Ratan Watal new Finance Secretory of India

Ahead of beginning of work on the Budget for 2016-17, government on Monday designated Ratan P Watal as new Finance Secretary even as a new team of officials took charge at the finance ministry. Shaktikanta Das, took charge as the Secretary for Department of Economic Affairs after Rajiv Mehrishi on his last day in office was appointed Home Secretary for a two-year tenure. Das, who was Revenue Secretary, held discussions at length with his successor Hasmukh Adhia.Watal, 59, is a 1978-batch Andhra Pradesh cadre IAS officer while Das belongs to 1980 batch from Tamil Nadu cadre.