Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.
Lavasa will replace Rajan Watal, who retires on Saturday, even as the budgetary process is yet to be finally completed.
Finance Commission has got new team who are committed to growth initiatives.
A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.
According to the amendment adopted by nations, developed countries will reduce HFCs use first, followed by China along with a large number of countries.
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