An OSD will be in-charge of setting up the office of the debt management agency.
The bank will be headquartered at Shanghai and India’s candidate will be the first president of the bank, said Chidambaram.
The stock markets were undecided through the Budget, but finally closed 72 points down.
The budget will reveal whether the BJP is committed to this transformative programme.
Maharashtra Governor K Sankaranarayanan had confirmed that Union Home Secretary Anil Goswami had called him twice last week and asked him to quit office.
Chidambaram also favoured downsizing of the Planning Commission amid reports that the government is likely to recast its role.
Four vacancies are set to come up from Karnataka in the RS in June and the elections to fill the vacancies are scheduled for June 16.
Chidambaram enjoys much more clout in Delhi than Vasan, but back home in Tamil Nadu the latter heads a group that is almost double in size as his.
The Indian Express has accessed the letter written by Chidambaram to the outgoing Prime Minister Manmohan Singh.
Chidambaram also raised serious questions over the SC order on constituting the SIT under the chairmanship of a retired apex court judge.
Outgoing finance minister P Chidambaram had earlier said that current account deficit (CAD) was brought down significantly to $32 billion in 2013-14 against $88 billion during 2012-13 and fiscal deficit contained within the target during last fiscal.
The current director-research at Brookings India said there is no doubt that the coming in of a new government is an opportunity to clean up the slate on fiscal deficit numbers and the elements of the budget.
The circular says that the officers should be relieved before May 23 “positively” and the compliance report regarding their relieving and joining would have to be forwarded to the database cell by May 30.
Officials have also made a case for controlling inflation, fiscal deficit.
But this time around, the finance minister’s key officials have not been given plum postings , like in the past.