He has been appointed as a trustee of Sri Sathya Sai Central Trust (Puttaparthi, A.P.) on 4 January 2014. He was also the chairman of the Finance Commission until January 2010. He was earlier advisor to the
Minister of Finance (2002–2004), and is known for his role in economic reforms in India. Prior to this, he remained
Finance Secretary,
Government of India 1998–1999, and in 1999 he has been nominated as Executive director of India, Bangladesh, Bhutan and Sri Lanka on the board of the
International Monetary Fund (IMF). == Committees and commissions headed ==