Name T.R. Prasad | ||
Education Banaras Hindu University | ||
NEE PREMA telugu christin songs | tr prasad | vijayawada |
T. R. Prasad, is a bureaucrat from Andhra Pradesh, India, who worked as cabinet secretary and defense secretary in the national government.
Contents
- NEE PREMA telugu christin songs tr prasad vijayawada
- Biography
- Twelfth Finance Commission
- Administrative career
- Board of Director
- Satyam
- References
He was of 1963 batch of Indian Administrative Service from the Andhra Pradesh cadre, was also the member of 12th Finance Commission and director of several companies including the scam-tainted company Satyam Computer Services Ltd from which he resigned when Byrraju Ramalinga Raju admitted accounting fraud.
Biography
Tata Ramachnandraprasad, popularly known as T. R. Prasad, hails from Nidubrolu town of Guntur District. He was born on July 15, 1941 to T. V. Subbaiah and Devudamma. Initially educated at Loyola College Vijayawada, Prasad holds a master's degree in Physics (Electronics) from Banaras University. He is a lifetime fellow of the Institute of Engineers (FIE).
He was appointed as Union cabinet secretary on November 1, 2000, during the government of Atal Bihari Vajpayee. As he approached mandatory retirement at the age of 60, Vajpayee's government amended legislation to enable the government to extend the tenure of a cabinet secretary beyond that age by a period as government considers appropriate. Prasad retired as cabinet secretary on October 31, 2002.
Twelfth Finance Commission
During his stint as member of Twelfth Finance Commission, Prasad pointed out the India is almost 13 times below FDI of China due to backwardness in education and infrastructure which are key ingredients for growth. He also called for new fiscal reforms to stabilise growth and governance on the lines proposed by Kelkar task force. He also called for political leadership in India to lift itself above the party and sectarian interests for India's success in moving towards the new triangular paradigm: growth, governance and fiscal reforms. He was the member of Finance Commission till December 31, 2004, in the rank of minister of state.
Administrative career
Prasad's administrative career comprised:
Board of Director
He was a member of the board of directors of several companies such as:
Satyam
He was an independent director of Satyam Computer Services when that company was hit by a scandal related to false accounting that saw its founder and chairman, Byrraju Ramalinga Raju, resign.
Prasad did not immediately resign when the news broke but instead tried to steady the company. He blamed PricewaterhouseCoopers, the audit firm, and Raju for keeping the board of directors in the dark. When pressure mounted on him from various places across corporate India and also the government, he resigned not just from Satyam Computers but also from other directorships.