Ministry of Finance Department of Economic Affairs Financial Market Division

Appointment of Dr Abhijit Phukon Economic Adviser Department of Financial Services as Member International Financial Services Centres Authority

Issue Date: 24 September 2025 Published: 24 September 2025

Gazette ID: CG-DL-E-24092025-266367 Download PDF

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Core Purpose

This notification amends S.O. 2435(E) dated 24th July, 2020, by substituting the entry for serial number 1, appointing Dr. Abhijit Phukon as a Member.

Detailed Summary

The Ministry of Finance (Department of Economic Affairs) issued Notification S.O. 4358(E) on September 24, 2025, exercising powers conferred by clause (c) of sub-section (1) of section 5 of the International Financial Services Centres Authority Act, 2019 (No. 50 of 2019). This notification further amends the Government of India, Ministry of Finance, Department of Economic Affairs' notification number S.O. 2435(E) dated July 24, 2020. Specifically, it substitutes the existing entry against serial number 1 in the said notification with 'Dr. Abhijit Phukon, Economic Adviser, Ministry of Finance, Department of Financial Services, Government of India' as a Member. The principal notification S.O. 2435(E) dated July 24, 2020, was previously amended by notification numbers S.O. 2427(E) dated May 27, 2022, S.O. 4408(E) dated September 21, 2022, S.O. 5251(E) dated November 11, 2022, and S.O. 3149(E) dated July 13, 2023.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-24092025-266367 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4239] NEW DELHI, WEDNESDAY, SEPTEMBER 24, 2025/ASVINA 2, 1947 MINISTRY OF FINANCE (Department of Economic Affairs) (FINANCIAL MARKETS DIVISION) NOTIFICATION New Delhi, the 24th September, 2025 S.O. 4358(E). — In exercise of the powers conferred by clause (c) of sub-section (1) of section 5 of International Financial Services Centres Authority Act, 2019 (No. 50 of 2019), the Central Government hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance, Department of Economic Affairs, number S.O. 2435 (E) dated 24th July, 2020, namely: - In the said Notification, against serial number 1, for the existing entry, the following shall be substituted, namely: - "Dr. Abhijit Phukon, Economic Adviser Ministry of Finance Department of Financial Services Government of India ...................... Member" [F. No. 4/1/2020-RE] SOLOMON AROKIARAJ, Addl. Secy. Footnote: The Principal Notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (ii) vide S.O. 2435(E) dated the 24th July, 2020 and subsequently amended vide notification number S.O. 2427(E) dated 27th May 2022, S.O. 4408 (E) dated 21st September 2022, and S.O. 5251(E) dated 11th November, 2022 and S.O. 3149(E) dated 13th July 2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR SRIVASTAVA Date: 2025.09.24 22:30:37+0530

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