New Delhi: K Moses Chalai, a 1990-batch IAS officer of the Manipur cadre, is set to become the next Finance Secretary of India, according to highly placed government sources. A formal announcement regarding his appointment is expected soon.
Chalai, who currently serves as the Secretary of the Department of Public Enterprises (DPE), assumed charge on April 22, 2025. With the recent retirement of Ajay Seth (IAS:1987:KN) on June 30, Chalai, by virtue of seniority, has emerged as the leading contender for the position.
Fulfilling the Convention of Seniority in Finance Ministry
By convention, the senior-most Secretary among the six departments under the Ministry of Finance is appointed as the Finance Secretary. These departments include:
- Department of Revenue
- Department of Economic Affairs
- Department of Expenditure
- Department of Financial Services
- Department of Investment and Public Asset Management (DIPAM)
- Department of Public Enterprises (DPE)
K Moses Chalai’s seniority makes him the frontrunner, and if selected, he will be responsible for coordinating inter-departmental fiscal policy, guiding economic reforms, and leading budgetary and strategic financial decisions for the government.
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First IAS Officer from Northeast to Head Finance Ministry
Chalai’s likely elevation will mark a historic first — making him the first-ever IAS officer from the Northeast to be appointed as Finance Secretary. His selection is expected to bring greater regional representation and strengthen the Centre’s outreach to the Northeast.
A native of Manipur, Chalai’s long career in public administration has been marked by notable stints in both the central and state governments, with a focus on public sector reform, governance, and policy planning.
Tenure and Expected Impact
If appointed, K Moses Chalai will serve as Finance Secretary until his retirement in January 2028, offering the ministry stability and continuity at a time when India is navigating complex global economic dynamics, fiscal consolidation efforts, and an ambitious reform agenda.
His background and leadership at DPE — particularly in public sector restructuring — could be valuable as the government continues its disinvestment strategy and drives for public sector efficiency.
