IST
Executive Record Sheet
Profile
Dr. Shashank
Date of Birth : 1 Jul 1962
Gender : Male
Date of Entry into Service : 13 Mar 1987
Date of Superannuation : 30 Jun 2022
Mother Tongue : Hindi
Languages known : English
Mode of Recruitment : Direct Recruitment
Present Grade : HAG
Date of entry into present Grade : 16 Oct 2020
Present Posting : Senior Economic Adviser
Present Designation : Senior Economic Adviser
Nature of post : Cadre
Domicile State : --Not Set--
Place of domicile : Allahabad, Uttar Pradesh
   
Detailed CV :  View

 

Educational Qualifications
Degree University/Institution Subject/Subject of specialization Year of passing/completion Achievements
Graduation University of Allahabad Economics, Philosophy & Sanskrit 1980
Post-Graduation University of Allahabad/ University of Bradford, United Kingdom Economics/Macro Economic Policy in Developing Countries 1982 Passed M.Sc. in Macro Economic Policy in Developing Countries with distinction in the year 1999
M. Phil
PhD Dr. Bhimrao Ambedkar University, Uttar Pradesh Agricultural Economics 1999 Ph.D. was awrdeded in 1999.
Post Doctoral
         
         

 

Whether Study leave has been availed by the Officer : Yes
   
Details regarding the course attended /Ph D completed during the period.
    I was on study leave to do Ph.D. during the period 27th October, 1997- August, 1998.

 

Details of Posting in IES
Grade Designation Place of Posting Brief description of duties Date Total Time
period
Category
JTS Research Officer Directorate of Economics and Statistics,Department of Agriculture and Cooperation, Ministry of Agriculture. Work involved effecting improvements in agricultural statistics system in India. 27 Feb 1989 - 12 May 1991 2 Years, 2 Months, 13 Days Cadre
STS Deputy Director Commission for Agricultural Costs and Prices,Department of Agriculture and Cooperation, Ministry of Agriculture. Provided policy advice to the Government on the formulation of agricultural price policy in India for selected agricultural crops. 5 May 1991 - 31 Oct 1995 4 Years, 5 Months, 27 Days Cadre
STS Deputy Director Department of Economic Affairs, Ministry of Finance. Dealt with emerging issues in Primary Capital Markets in India and provided inputs for formulation of the Government policy in this area. 31 Oct 1995 - 6 Oct 1997 1 Years, 11 Months, 6 Days Cadre
JAG Joint Director Department of Economic Affairs, Ministry of Finance. Involved with giving policy advice to the Government on the formulation of policy on secondary capital markets in India, sovereign liability management, and comprehensive pension reforms. 14 Oct 1999 - 7 Nov 2005 6 Years, 26 Days Cadre
NFSG Director Department of Economic Affairs, Ministry of Finance. Involved with giving policy advice to the Government on the formulation of policy on secondary capital markets in India, sovereign liability management, and comprehensive pension reforms. 8 Nov 2005 - 20 Nov 2006 1 Years, 12 Days Cadre
NFSG Director Finance Commission Division, Department of Expenditure, Ministry of Finance Involved with implementing the recommendations of the Twelfth Finance Commission including facilitating fiscal reforms in the States. 20 Nov 2006 - 8 Aug 2007 8 Months, 17 Days Cadre
NFSG Director Department of Financial Services, Ministry of Finance. Involved with issues of strengthening of agricultural credit system micro finance, banking operations, banking sector reforms and pension reforms. 8 Aug 2007 - 18 May 2014 6 Years, 9 Months, 11 Days Cadre
SAG Economic Adviser Department of Financial Services, Ministry of Finance. Involved with issues of strengthening of banking sector, implementing banking sector reforms and pension reforms. 19 May 2014 - 31 May 2016 2 Years, 13 Days Cadre
SAG Adviser Department of Economic Affairs, Ministry of Finance. Reforms in Financial Sector 1 Jun 2016 - 10 Jun 2021
Till Date
2 Years, 8 Months, 19 Days Cadre
HAG Senior Economic Adviser Department of Economic Affairs, Ministry of Finance Involved with policy advice on financial sector policy and legislative reforms, financial stability and cyber security, production planning and distribution issues of currency and coins. 16 Oct 2020 - 10 Jun 2021
Till Date
Cadre

 

Personal/Study Leave (if any) :

 

Training

Details of In Service training (Both Domestic and Foreign whether debarred from foreign training, if so, the details thereof) attended by the officer sponsored by the cadre.

Year Name of the training course Name of Institute Venue Period of Training
(in weeks)
1987 Training Course for IES Probationers Institute of Economic Growth Delhi 9 months
2011 Mid Career Training Programme Indian Institute of Management Lucknow 6 weeks
2018 Value of Public Good University of California, Berkeley University of California, Berkeley, US 8 days
  

Details of Training Programme attended by the officer sponsored by the Ministry/Department in which they were posted

Year Name of the training course Name of Institute Venue Period of Training
(in weeks)
1997 USAID sponsored training course in Mutual Funds. USAID Washington.D.C., US 3 weeks
1998 “M. Sc. in Macro Economic Policy and Planning in Developing Countries” at the University of Bradford, Bradford, United Kingdom. University of Bradford, Bradford, United Kingdom. Bradford, United Kingdom. 1 year
2001 Stock Exchange Seminar for Asian Countries held in Japan. Tokyo Stock Exchange Tokyo, Japan 3 weeks
2003 Annual World Bank Conference on Reforming Public Pension Systems. World Bank Washington.D.C., US 3 days
2003 2nd Annual Pensions Conference. World Bank Washington.D.C., US 5 days
2004 Training course on “Financial Markets and New Financial Instruments” from 12th to 23rd April 2004. IMF and Singapore Training Institute Singapore 12 days
2004 Participated as a member of the delegation to US regulators and exchanges in Chicago and New York to study derivates market from 31st October to 7th November, 2004.. FMI Inc., USA Chicago and New York 8 days
2005 Draft Convention of UNIDROIT on harmonized substantive rules regarding securities held with an intermediary from 18th to 20th May, 2005. UNIDROIT Rome, Italy 3 days
2005 Meetig with regulators of pension and securities markets. ADB Hong Kong and Australia 5 days
2005 Meeting with regulators and industry representatives of pension sector from 16th to 20th October, 2005. World Bnk Mexico and Canada 5 days
2006 Training program on “Foreign Exchange Reserve Management Framework for strategic Asset Allocation” from 27th February to 3rd March, 2006. IMF and Govt. of Singapore Singapore 5 days
2008 International Conference on Pension Reforms in Asia and the Pacific from 25th to 26th June, 2008. OECD and Korea Regional Centre on Health and Social Policy South Korea 2 days
2009 Symposium on Pension Systems Governance and Reforms from 1st to 3rd June, 2009. World Bank Bali, Indonesia 3 days
2011 Nineteenth Session of the UNSITRAL Working Group VI on Security Interests from 11th to 15th April, 2011. UNCITRAL New York, US 5 days

 

Any specific area or subject where the officer would prefer to be trained, for current assignment and for long term career progression.

Training for Current assignment : Financial Economics and Policy
Training for Long term Career Progression : Macro-Economic Policy
 

 

Publication & Awards

Please mention contributions, if any, like publication of articles in journals/ publication of books/paper presentations in seminars or workshops or conferences by the officer during the tenure in IES.

Nature of Activity Name Topic Description Year of publication
Article in Journal/Newspapers Chartered Secretary Real Time Gross Settlement Systems Issues and Perspectives Article 2001
Article in Journal/Newspapers NSE News International Experience on Pension Reforms and Lessons for India Article 2002
Publication Derivatives Markets in India edited by Thomas Susan New Delhi Tata McGraw Hill Publishing Company Limited Legal Aspects of Derivatives Trading in India Book Chapter 2003
Publication Saving The Next Billion From Old Age Poverty Global Lessons for Local Action edited by Khanna Parul Seth and Price William and Bhardwaj Gautam New Delhi Narosa Publishing House Towards Comprehensive Pension Coverage in India Book Chapter 2018
Publication Insolvency and Bankruptcy Code A Miscellany of Perspectives New Delhi Insolvency and Bankruptcy Board of India Economic Aspects of Personal Insolvency Book Chapter 2019
Publication Insolvency and Bankruptcy Code A Miscellany of Perspectives New Delhi Insolvency and Bankruptcy Board of India Building a Personal Insolvency Framework: Fresh Start and Beyond. Book Chapter 2020
Article in Journal/Newspapers The Hindu Business Line Bilateral netting, by Law. Newspaper article 2020
Others Arthapedia The Bilateral Netting of Qualified Financial Contracts Act, 2020. Note 2020

 

Specialization
Area of specialization of the officer Grade No. of years of specialization gained
Agriculture JTS,STS 6 Years
Economic Regulation JAG,NFSG,SAG,HAG 10 Years
Financial Markets STS,JAG,NFSG,SAG,HAG 18 Years
Public Finance NFSG,SAG 1 Years
Capital Markets JTS,STS,JAG,SAG 9 Years

 

Specific area of interest/field of work where the officer would prefer to be placed.
Economic Regulation, Financial Markets, Public Finance, Capital Markets

Subject/Area or topic preferred by the officer to deliver a lecture, whenever required.
Financial Markets, Capital Markets, Any other

 

Disclaimer:

For the correctness of information provided in the ER sheet, the concerned officer is responsible.IES Cadre, Department of Economic Affairs or the National Informatics Centre will not be responsible for any decision or claim that is based on the basis of displayed data.
This profile was last updated on: 10th Jun 2021

 

Disclaimer
The views expressed here by the government economists are personal and do not reflect the views of the government. Public responses are treated as
citizen's expectations from the Government and are meant to enrich and enhance the citizen friendly policy formulation as well as to support the
professional development of public policy economists.