The Appointments Committee of the Cabinet (
) approved the proposal of appointment for a period of four years from the date of notification of his appointment, or until further orders, whichever is earlier.
Patel is currently the Chairman of the Board of Governors and Society, IIM, Udaipur and a member of the Board of Governors of the Indian Institute of Management (IIM), Ahmedabad. He is a member of several other organisations including Invest India, Mission Steering Group (MSG), and Drug Technical Advisory Board by the Ministry of Health & Family Welfare.