According to a official statement issued by the Inter-State Council Secretariat at New Delhi, Dr Drabu will be heading the Empowered Committee of the Finance Ministers of Haryana, Himachal Pradesh, Punjab, Rajasthan, Delhi and Jammu & Kashmir.
A professional economist with a doctorate in Economics, Dr Drabu is credited with initiating radical reforms to bring systemic changes in the fiscal management of J&K.
Before joining politics, Dr Drabu has been involved with national economic policy making in India for seven years at the highest level, including in the Planning Commission, Finance Commission and the Economic Advisory Council of the Prime Minister.
He has worked as the Economic Advisor to the Government of J&K for seven years. He also headed J&K Bank as Chairman and Chief executive for five years.
Dr Drabu has been advising a clutch of top Indian corporates on the macroeconomic situation, emerging businesses and risk management. He has expertise in macro and monetary policy, banking and finance operations, fund management, corporate advisory and business journalism.