Finance Secretary
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In India, the Permanent Secretary - level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry is known as the Finance Secretary.
The Ministry of Finance is composed of three departments: the Department of Economic Affairs, the Department of Revenue and Department of Expenditure. Each of the departments is headed by a secretary. Each of the three secretaries directly reports to the finance minister.
The "Finance Secretary" (FS) is a tag given to one of the three secretaries. It only denotes a first among equals. The other two secretaries do not report to the FS; their files do not flow through him.
By default, the FS tends to be the seniormost of the three, where seniority is defined by the year of entry into the civil service and not age. Sometimes, none of the three are labelled FS.
Most finance secretaries have been members of the Indian Administrative Service or IAS, but some of the most interesting of them have been career economists. Montek Singh Ahluwalia, Bimal Jalan and Vijay Kelkar were some of the best-known finance secretaries, and all of them were career economists who were not IAS.
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