Tarun Bajaj took charge as the new Economic Affairs Secretary on May 1, 2020. He has assumed charge at a time when the economy is under severe stress due to the ongoing coronavirus pandemic. Tarun Bajaj is a 1988 batch IAS officer. He was previously serving as the Additional Secretary in Prime Minister's Office. He has succeeded Atanu Chakraborty, who retired on April 30, 2020. Before joining the Prime Minister's Office in 2015, Bajaj was the Joint Secretary in the Economic Affairs Department, where he primarily looked after multilateral funding agencies division.