Dr. Hasmukh Adhia, a former officer of Indian Administrative Service, retired on 30th November 2018 as Union Finance Secretary & Revenue Secretary in Government of India. Apart from being Honble Chancellor of Central University of Gujarat, Dr. Adhia is non-executive Chairman of Bank of Baroda and a member of Board of Governors of Indian Institute of Management, Bangalore. Dr. Hasmukh Adhia has got a basic Post-Graduate degree in Accountancy. He is a Gold medalist from Indian Institute of Management, Bangalore and holds a Ph.D. in Yoga from Swami Vivekanand Yoga University, Bangalore.
Prior to his posting as Finance Secretary, Dr. Adhia was Secretary, Department of Financial Services, Ministry of Finance, Government of India for the period from November, 2014 till August, 2015. As Secretary, Financial Services, he was credited with many new strategies for banking reforms such as Gyan Sangam and Indra Dhanush as well as social security schemes of Pradhan Mantri Suraksha Bima Yojana, Jivan Jyoti Bima Yojana and Atal Pension Yojana, as also for the scheme of micro-financing of Mudra. As Finance/Revenue Secretary, he was credited with bringing in many tax-friendly initiatives in the Income-Tax as well as Excise Duty and Service Tax. Further, he pursued the agenda of GST systematically as a result of which GST was implemented smoothly across the country. He is also known for his relentless drive against black money. As Secretary (Revenue), he is credited with bringing in many tax-friendly initiatives in the Income-Tax as well as Excise Duty and Service Tax. Prior to being posted in the Ministry of Finance, some of the other positions held by Dr. Adhia include Principal Secretary to Chief Minister of Gujarat (2003-06), Principal Secretary (Education), Gujarat (2008-13), Additional Chief Secretary (Finance), Gujarat (2013-14), Industries Commissioner, Gujarat (2001-02), Managing Director of Gujarat Industrial Investment Corporation and Gujarat Industrial Development Corporation. By virtue of his position, D. Adhia served on the Board of Directors of following institutions/companies :-.
Reserve Bank of India, State Bank of India, Life Insurance Corporation of India, Indian Institute of Management, Ahmedabad, Indian Institute of Technology, Gandhi Nagar, Central University, Gandhi Nagar. Nirma University, Ahmedabad, Dhirubhai Ambani Institute of Information & Communication Technology.
India Infrastructure Finance Company Limited (IIFCL), EXIM Bank, GST Network Limited, Gujarat State Fertilizers Company, Narmada Valley Fertilizer Company, Gujarat State Petroleum Corp.