Nomination of Ms.Anuradha Thakur, OSD till 30.6.2025 and Secretary to the Govt w.e.f 1.7.2025, DEA, Ministry of Finance, Govt of India as Member, Securities and Exchange Board of India.

## Policy Analysis Report: Amendment to S.O. 147(E) Regarding SEBI Act **1. Executive Summary:** This report analyzes a notification published by the Department of Economic Affairs, Ministry of Finance, Government of India, dated June 16, 2025. This notification constitutes an amendment to the original S.O. 147(E) notification dated 21.02.1992, which pertains to the Securities and Exchange Board of India (SEBI) Act, 1992. The amendment involves a change in the assigned officer for a specific role. The core purpose, discernible from the text, is to update the details of a specific officer, Ms. Anuradha Thakur, including her designation and term of service. The key finding is that Ms. Thakur's role is changing from "Officer on Special Duty" to "Secretary to the Government, Department of Economic Affairs, Ministry of Finance, Government of India," effective July 1, 2025. **2. Introduction:** This report provides an analysis of a government notification amending a prior policy related to the Securities and Exchange Board of India (SEBI) Act, 1992. The analysis is solely based on the information contained within the provided text of the notification. The purpose is to inform stakeholders within the financial industry about the specific changes introduced. **3. Policy Overview:** * **Original Policy:** The amendment refers to the original notification S.O. 147(E) dated 21.02.1992. This notification likely pertains to appointments and designations related to the Securities and Exchange Board of India (SEBI) Act, 1992. * **Core Objective(s):** The core objective of the original policy, inferred from the context of the amendment, is to define and regulate various roles and responsibilities of individuals associated with SEBI. The core objective of *this amendment* is to formally record a change in personnel and their designation within the Department of Economic Affairs, as it relates to SEBI. **4. Background and Rationale:** This notification amends the original S.O. 147(E) to reflect an administrative change. The amendment text focuses on Ms. Anuradha Thakur's role. The likely reason for this amendment is that Ms. Thakur's assignment is changing. She is transitioning from Officer on Special Duty to Secretary to the Government, Department of Economic Affairs. This change in role necessitates an official notification to update the records. **5. Key Provisions / Changes:** This notification introduces the following specific changes to the original S.O. 147(E) notification: * **Specific Part Changed:** The notification amends the entry against serial number 2, which corresponds to a specific individual, previously an "Officer on Special Duty". * **New Rule/Provision:** The entry for Ms. Anuradha Thakur is being *substituted* with the following: * Ms. Anuradha Thakur will be an "Officer on Special Duty" until 30.06.2025. * She will become "Secretary to the Government, Department of Economic Affairs, Ministry of Finance, Government of India" with effect from 01.07.2025. * **Difference/Effect of Change:** The primary effect is the change in designation for Ms. Anuradha Thakur, transitioning from "Officer on Special Duty" to "Secretary to the Government" within the Department of Economic Affairs. This implies a promotion or reassignment of responsibilities. **6. Target Audience and Stakeholders:** Based on the provided text, the direct stakeholders and target audience for this notification include: * Ms. Anuradha Thakur, as the individual whose role is changing. * The Department of Economic Affairs, Ministry of Finance. * The Securities and Exchange Board of India (SEBI), as the Act being referenced is the SEBI Act. * Government of India Press, Ring Road, Mayapuri, New Delhi110064, and Published by the Controller of Publications, Delhi110054, as they are responsible for publishing the notification. * Indirectly, the financial industry as SEBI and its regulatory structure are overseen by these roles. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Department of Economic Affairs, Ministry of Finance, is the responsible agency for implementing this change. * **Timelines:** The amendment specifies a clear timeline: the change in designation is effective from 01.07.2025. * **Specific Implementation:** Implementation will likely involve updating internal records and official communication channels to reflect Ms. Thakur's new role. **8. Expected Outcomes / Impact of Changes:** The intended outcome of this amendment is to formally recognize and document the change in Ms. Anuradha Thakur's position. The amendment ensures clarity regarding her responsibilities within the Department of Economic Affairs, specifically as they relate to her role in overseeing SEBI and the financial markets. The change in designation suggests a potential shift in authority and influence within the department. The impact of this specific change is primarily administrative and organizational. **9. Conclusion:** The notification represents an amendment to the original S.O. 147(E) related to the SEBI Act. The amendment is triggered by the change in designation of Ms. Anuradha Thakur within the Department of Economic Affairs, Ministry of Finance. It is significant because it formally documents this change in role and responsibilities, which will impact the financial industry due to the position's oversight of SEBI. This notification serves as an important administrative update.

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