Indian Economic Service

Profile

Mr. Piyush Srivastava

Date of Birth	:	5 May 1968
Gender	:	Male
Date of Entry into Service	:	28 Apr 1993
Date of Superannuation	:	31 May 2028
Mother Tongue	:	Hindi
Languages known	:	English, Hindi

Mode of Recruitment	:	Direct Recruitment
Present Grade	:	HAG
Date of entry into present Grade	:	15 Jul 2021
Present Posting	:	Ministry of Civil Aviation
Present Designation	:	Senior Economic Adviser
Nature of post	:	Cadre
Domicile State	:	Uttar Pradesh
Place of domicile	:	Prayagraj (Allahabad)

Educational Qualifications

Degree	University/Institution	Subject/Subject of specialization	Year of passing/completion	Achievements
Graduation	University of Gorakhpur	B.Sc (Physics, Chemistry, Mathematics)	1986
Post-Graduation	University of Gorakhpur	M.A (Economics)	1988	Topped the University
M. Phil	Jawaharlal Nehru University	Economics (Regional Development)	1991	Awarded on the Dissertation on "Productivity Growth and Technical Change in Agro Based Industries in India"
PhD	Jawaharlal Nehru University	Economics (Regional Development)	1992	Synopsis accepted. Did not pursue after getting into service due to posting
Post Doctoral

Whether Study leave has been availed by the Officer

:

No

Details of Posting in IES

Grade	Designation	Place of Posting	Brief description of duties	Date	Total Time period	Category
JTS	Assistant Director	Ministry of Finance Department of Economic Affairs	World Bank and Asian Development Bank Projects including technical assistance, grants,pipeline projects, trainings and workshops relating to Poer and Hydro Carbon Sectors Coordination and conduct of Tripartite Review meetings TRMs	24 Oct 1994 - 10 Jun 1997	2 Years, 7 Months, 17 Days	Cadre
JTS	Deputy Director	Ministry of Finance Department of Economic Affairs	Policy issues of Secondary Market and related Intermediaries and Participants like stock exchanges clearing corporations depositories their participants trading members investment advisors their ownership and governance issues etc Monitoring of Stock Market Movements Self Regulatory Organizations Matters related to investor education and protection fund at SEBI exchanges and depositories Securities Contracts Regulations Act 1956 and related Rules and Regulations Depositories Act 1996 and related Rules and Regulations	10 Jun 1997 - 28 Sep 1997	3 Months, 18 Days	Cadre
STS	Deputy Director	Ministry of Water Resources	Administer accross States the flagship CAD Scheme of the Ministry which seeks to enhance utilization of irrigation potential created and improvement of agriculture production on a sustainable basis through participatory irrigation management	29 Sep 1997 - 7 Jan 1999	1 Years, 3 Months, 8 Days	Cadre
STS	Assistant Adviser	Ministry of Consumer Affairs, Food and Public Distribution	Handpicked for the newly established Secretariat to the High Powered Price Monitoring Board chaired by the Cabinet Secretary Monitoring of prices and availability of essential commodities under The Essential Commodities Act 1955 and Prevention of Black Marketing and Maintenance of Supply of Essential Commodities Act 1980 Work related to the Cabinet Committee on Prices	8 Jan 1999 - 27 Mar 2003	4 Years, 2 Months, 18 Days	Cadre
STS	Deputy Director	Ministry of Finance Department of Economic Affairs	Administration of SEBI and SAT Work relating to Primary Markets Work including Policy formulation on issues relating to initial and further issue of capital and related intermediaries engaged in the same such as Mutual funds Collective investment schemes Alternative investment funds Domestic credit rating agencies Merchant Banks Financial literacy Corporate governance of companies Policy articulation on agenda items of SEBI’s Board meetings SEBI Act and related rules and regulations	28 Mar 2003 - 30 Nov 2004	1 Years, 8 Months, 4 Days	Cadre
JAG	ADG at Deputy Secretary and Director levels	Central Economic Intelligence Bureau	Effective sharing of strategic and tactical intelligence with various intelligence and enforcement agencies dealing with economic offences including CBI ED IB RAW DRI and State Police. Coordination with the 30 Regional Economic Intelligence Councils REICs for economic offences at the regional levels including attending the REIC meetings and organising Zonal and National review meetings. Monitor and benchmark the performance of the REICs at prescribed periodicity. Secretariat for the Working Group on Intelligence Apparatus chaired by Revenue Secretary and the Economic Intelligence Council chaired by Hon’ble Finance Minister General Administration and Establishment of CEIB	1 Dec 2004 - 30 Nov 2008	4 Years	CSS Deputation
NFSG	Director	Ministry of Finance Department of Expenditure	All issues relating to the Central Plan of 24 Ministries Departments of Government of India Responsibility included the appraisal and approval of all public funded schemes and projects of these Ministries Departments Secretariat for the Expenditure Finance Committee and Public Investment Board PIB headed by the Secretary Expenditure for appraisal of such projects Improving the quality of public expenditure though better scheme or project formulation, emphasis on outputs, deliverables, impact assessment and convergence approach Communicate in consultation with the Budget Division the outlays for both Central Sector and Centrally Sponsored Schemes over a Finance Commission Cycle Financial restructuring of Central PSUs on the recommendations of the Bureau for Restructuring of Public Sector Enterprises BRPSE Working out modalities for financial assistance to CPSEs quantification of their Internal and Extra Budgetary Resource IEBR generation as well as planned CAPEX for preparation of budget finalizing modernization of plants and machinery to ensure more efficient production	28 Nov 2008 - 12 May 2014	5 Years, 5 Months, 13 Days	Cadre
NFSG	Director	Ministry of Commerce and Industry Department of Commerce	Sectoral Charge of Pharmaceutical industry and Territorial charge of ASEAN countries Responsibilities included dealing with various stakeholders in Industry as well as academia to device schemes for promoting exports in the assigned sector and all exports in the assigned territory Administering the Market Development Assistance Scheme for pharma Trade visits with Pharmexcil Resolving the issues and facilitating exports to ASEAN countries in consultation with industry and Ministry of External Affairs	13 May 2014 - 1 Jul 2015	1 Years, 1 Months, 18 Days	Cadre
SAG	Economic Adviser	Ministry of Chemicals and Fertilizers Department of Fertilizers	All work related to Organic and Biofertilizers including formulation of policy framing guidelines and other related work regarding promotion of Organic BioFertilizers Processing and Granting Techno Economic Clearance TEC proposals for availing custom duty concession on imported goods or item for renovation and modernization of fertilizer plants Government Nominee on the Boards of Madras Fertilizers Ltd MFL and Project and Development India Ltd PDIL Collection Compilation, analysis of data of Production pertaining to major fertilizers sector ie in respect of Urea DAP and Complex Fertilizers Preparation of Company wise, unit wise product wise nutrient wise and state wise production estimates Publication of Handbook Fertilizer Scenario	2 Jul 2015 - 17 Jun 2016	11 Months, 16 Days	Cadre
SAG	Adl Development Commissioner	Ministry of Micro Small and Medium Enterprises	Handled all the flagship schemes and initiatives of the office of DC MSME. These included Technology Development. Project Director for a Rs 6000 crore World Bank Project to develop 22 Technology Development Centres and 100 Mini Tool Rooms in the country Administration for 18 Technology Centres Tool Rooms. Designated Vice Chairman of all Tool Rooms and Technology Development Centres. 6 Finance Schemes viz Credit Linked Capital Subsidy for Technology Upgradation CLCSS Credit Guarantee Fund Trust for Micro and Small Enterprises CGTMSE 2 per cent Interest Subvention Scheme Rs 20 000 crore Subordinate debt for stressed MSMEs Micro and Small Enterprises Cluster Development MSE CDP Member of the Management Committee of the Rs 3 lakh crores Collateral free Automatic Loans for Businesses including MSMEs ECLGS Rs 50 000 crore Equity infusion for MSMEs through Fund of Funds 7 National Manufacturing Competitiveness Schemes viz Design Expertise to Manufacturing MSME sector Lean Manufacturing Competitiveness Scheme LMCS Digital MSME Scheme Financial Support to MSMEs in ZED Certification Scheme Support for Entrepreneurial and Managerial Development of MSMEs through Incubators Building awareness on Intellectual Property Rights IPR Credit Linked Subsidy for Technology upgradation And work related to Definition of MSMEs Scheme for Promotion of MSMEs in NER and Sikkim and MSME Samadhaan Portal Government Nominee on the Boards of Global Innovation and Technology Alliance GITA and NSDFC	5 Jul 2016 - 14 Jul 2021	5 Years, 10 Days	Cadre
HAG	Senior Economic Adviser	Ministry of Civil Aviation	Economic Regulation including policies and handling real time issues on the ground related to the following Trade Facilitation and Logistics Cargo sector Aircraft Maintenance and Repair MRO Aircraft Manufacturing for Regional Transport Aircraft Aviation Finance and Aircraft Leasing at GIFT City Drones Unmanned Aerial Vehicles UAVs Electric Vertical Take off and Landing Vehicles eVTOLs Mission Karmyogi iGOT HR and Skill Development in MoCA PM GatiShakti Krishi Udan Initiative Tax related issues concerning Aviation Sector including Budget proposals Competition related issues regarding aviation Board Member of Agricultural Produce Export Promotion and Development Authority APEDA Board Member of Airport Authority of India Cargo Logistics and Allied Services AAICLAS Parliament Division and Official Language Division	15 Jul 2021 - 22 Apr 2024 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)
1993	Foundational Course	LBSNAA	Mussoorie	15
1994	IES Professional Training	Institute of Economic Growth	Delhi	42
2000	Management Development Programme for IES Officers on Financial Management and Budgeting	National Institute of Financial Management	Faridabad	1
2010	Macro Economic Issues for IES Officers	Administrative Staff College of India	Hyderabad	1
2011	Mid Career Training of IES officers	IIM	Lucknow	6
2012	Infrastructure Issues and Regulation	Indian Maritime University	Goa	2
2019	Course on Value of the Public Good for IES	Goldman School of Public Policy University of California	San Fransisco	2
2022	Management Development Programme under Mid Career Training Programme Phase III	IIM	Kozhikode	2

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)
1996	ADB Country Seminar on Project Implementation and Administration	ADB	New Delhi	2
1997	WB Regional Financial Management and Disbursement	World Bank	New Delhi	1
1997	Project Management	ProjectStyrning AB	Stockholm Sweden	6
2003	Programme on Financial Derivatives	IMF Institute	Washington DC	2
2005	Course on Macro Economic Forecasting	IMF Institute	Singapore	2
2005	Course on TRIPS and IPR	National Academy of Customs Central Excise and Narcotics NACEN	Faridabad	2 days
2006	Investigating Economic Crimes in Financial Markets for Officers of Department of Revenue	Indian Institute of Capital Markets	Mumbai	1
2007	Course on Money Laundering	National Academy of Direct Taxes	Nagpur	1
2008	Management of PPP Contracts	IIM	Ahmedabad	2
2022	Procurement and Contracts Management	International Air Transport Association IATA	Geneva Switzerland	1

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 Management and Public Policy
Training for Long term Career Progression	:	Infrastucture Financing and Public 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
Awards	Digital India Award 2018	Platinum Web Ratna to MoMSME	Headed the Team that set up the SAMADHAN Portal for online filing of disputes by MSEs	2018
Others	Certificate of Acknowledgement and Contribution	Sikkim State Council of Science and Technology	Acknowledgement for firming up Strategies for Entrepreneurship facilitation and on boarding for augmented support leveraging SCADA Intelligence Custom Delivery and know how services and Action change framework for assessment and support ccontributions of social enteprises industry R and D Establishments Government Agencies and partner agencies	2018

Specialization

Area of specialization of the officer	Grade	No. of years of specialization gained
Economic Regulation	JTS,STS,JAG,NFSG,SAG,HAG	29 Years
Energy	JTS	3 Years
Financial Markets	STS,JAG,SAG,HAG	13 Years
Infrastructure	JTS,NFSG,SAG,HAG	16 Years
Capital Markets	STS	2 Years
Any other (Industrial Development)	NFSG,SAG	10 Years

Specific area of interest/field of work where the officer would prefer to be placed.
Economic Regulation, Energy, Financial Markets, Trade, Commerce & Industry

Subject/Area or topic preferred by the officer to deliver a lecture, whenever required.
Commerce & Industry, Public Finance

Disclaimer: