Hasseb Drabu Sacked: Here are 5 Top achievements of ‘Ex’ J&K Finance Minister

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Haseeb Drabu, the erstwhile Finance Minister of J&K who has been sacked by his party over his controversial remarks on Kashmir in an event in New Delhi has several accomplishments to his credit.

Drabu is an M.Phil in Economics from Centre for Development Studies, Thiruvananathpuram. Drabu started his career with the Government of India in 1990, first with the Perspective Planning Division of the Planning Commission of India and then as a consultant to the Economic Advisory Council of the Prime Minister and finally with the Tenth Finance Commission. He then joined the media and became an editor at Business Standard, where he set up a research bureau. Subsequently, he served as a consultant to the Asian Development Bank. 

In January 2003, PDP-led coalition state government (in alliance with the Congress) appointed Drabu as its economic advisor. He planned tax reforms, methods of expenditure compression and attempted to reduce the debt stock of the state government. He was also appointed as chairman and CEO by the PDP-Congress govt in 2005. Drabu was forced to resign from his position in J&K Bank when PDP was defeated in 2008 state elections by the new NC chief minister Omar Abdullah.

In 2014, he formally joined PDP and contested the state elected on the party ticket from his home constituency Rajpora, winning it with a big margin. He was given Finance Minister’s portfolio as well as the  Labour, Employment and Culture Minister’s charge in the Jammu and Kashmir government. During his stint as the Finance Minister, he restructured the whole working of the Finance Department of the state which included converting the treasurer payment system to PAO system which was in vogue for around 70 years.He presented the state budget before the Union Budget finishing the confusion in plan and non-plan expenditure. More recently he was instrumental in the implementation of the GST in the state of J&K.

 

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