Who is former IAS RC Bhargava? Collector's job was left for private company - Newztezz Online


Wednesday, August 30, 2023

Who is former IAS RC Bhargava? Collector's job was left for private company

RC Bhargava passed the IAS exam in 1956, when he was the topper of his batch. Apart from the post of Director in BHEL, he also worked on the post of Joint Secretary in the Energy Ministry and Joint Secretary in the Cabinet Secretariat.

Becoming an IAS officer is the dream of many people. One has to study a lot to pass the UPSC CSE exam. To become an IAS officer, one has to pass three stages in which there are preliminary exams. The second phase is of mains exam, after which there is the last round of interview. However, there are many civil servants who quit this prestigious job to lead other companies. One such person is RC Bhargava, who is the chairman of Maruti Suzuki India. RC Bhargava was an IAS officer. He was the topper of his batch. He cracked UPSC in 1956.

where did you study

Bhargava has obtained Master of Science degree in Mathematics from Allahabad University. He also did a Master of Arts in Developmental Economics from Williams College, America. He did his schooling from Doon School. After that he started studying for UPSE. After that he gave the exam in 1956 and proved to be the topper in his batch. Which used to be a big deal at that time.

Worked in many ministries

After a long career as an IAS officer, he joined Maruti in 1981. Before joining Maruti, he was Director (Commercial) at Bharat Heavy Electricals Limited (BHEL). As an IAS officer, he also served as Joint Secretary, Ministry of Energy, Government of India from 1974-77. He also worked as Joint Secretary in the Cabinet Secretariat of the Government of India from 1977-78. In 2016, he was awarded the Padma Bhushan, India's third highest civilian award.

When did you join Maruti?

He joined Maruti in 1981 as Director (Marketing). Since then he has served in various roles with the company. He is currently leading India's largest automobile company as Chairman since 2007. As of August 29, the market cap of the company is more than Rs 2,90,000 crore. When the market closed on Tuesday, the share price of the company was Rs 9620.10.

Why is Bhargava being mentioned?

In fact, the AGM of Maruti Suzuki was organized on Tuesday. In which the company announced a dividend of Rs 90 to the investors. This is the first time in the last 40 years that Maruti has given such a huge dividend to the investors. RC Bhargava told the AGM that by the year 2031, he is going to invest Rs 45,000 crore. This money will be used to increase production, which has been targeted to increase from 2 million to 4 million. At the same time, he also said that by the year 2031, the company has set a target to reach 8 lakh exports, which is more than 2.50 lakh at present.

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