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Dr. Subhash Chandra Pandey

Special Secretary & Financial Adviser

Dr.Subhash Chandra Pandey was inducted as Part-time Official Director on the Board of BHEL w.e.f. 31st March, 2016.

Dr. Pandey holds a doctorate in Mathematics (Ph.D) fromLucknow University in the area of Operations Research (Nonlinear Programming).

Dr. Pandey belongs to the 1983 batch of the Indian Audit & Accounts Service and is presently posted as the Special Secretary and Financial Adviser in the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry. He holds additional charge of the post of SS&FA to the Ministry of Heavy Industries & Public Enterprises and Ministry of Textiles.

Dr. Pandey has vast experience in the area of public finance, budget & expenditure management and audit, R&D Production and Information Technology. Within the Indian Audit and Accounts Department, he has handled Government Accounts, State Audit, Defence and Commercial Audit, training inInformation Technology Audit. He has also served as Consultant to Government of Antigua and Barbuda for threeb years on budget and accounts matters.

As DS/ Director/ OSD in the Ministry of Finance (10 years), Dr. Pandey has been involved in over 13 Union Budgets, 8 State Budgets, 3 Five Year Plans, 3 Finance Commissions, State Reorganization etc. and has been member of many committees of Ministry of Finance and Reserve Bank of India. As Director (Budget), his initiative on the statutory regulation of government debt and deficit led to enactment of the Fiscal Responsibility and Budget Management Act. He was associated with the formulation of the Act and its implementation in early 3 years. In Ministry of Defence, he was involved in financial management of Defence R&D and Production.

Other assignments handled by Dr. Pandey includes serving as Principal Accountant General (Audit), Jammu & Kashmir. He was working as Director General (Strategic Management) in the Head quarters of the C&AG of India handling Audit Planning and the interface of the Indian Audit & Accounts Department with external stakeholders.

Dr. Pandey is a Part-time Official Director on the Boards of HMT Ltd., Invest India, India International Convention & Exhibition Centre Ltd., National Textile Corporation Ltd., India Trade Promotion Organisation, National Jute Board, National Jute Manufactures Corporation Limited, MMTC Ltd. and STC India Ltd., and is a Government Nominee on the Governing Councils of Central Manufacturing Technology Institute, National Council for Cement & Building Materials, National Institute of Design, National Automotive Testing R&D Infrastructure Project, Automotive Research Association of India and National Institute of Fashion Technology. He is also a Member of the Audit Committee of India Trade Promotion Organisation.