https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Who is IAS Ajay Seth, Appointed as the New Finance Secretary of India?

Mr. Seth has played a pivotal role in infrastructure financing, public investment strategies, and economic reforms
Indian Masterminds Stories

The Central Government on appointed Mr. Ajay Seth (1987-batch Karnataka cadre IAS officer) as the Finance Secretary. The position had been vacant since Mr. Tuhin Kanta Pandey (1987-batch Odisha cadre IAS officer) assumed charge as the Chairman of SEBI.

Mr. Seth, who is currently serving as the Secretary, Department of Economic Affairs, also holds additional charge as the Secretary, Department of Revenue, succeeding Mr. T.K. Pandey. As per convention, the senior-most Secretary in the Ministry of Finance is designated as the Union Finance Secretary.

Also Read: IAS Ajit Roy Appointed as Director of Census Operations and Citizen Registration in Mizoram

IAS Ajay Seth’s Stellar Career in the Bureaucracy

Key Designations and Roles

1. Finance Secretary & Secretary, Department of Economic Affairs (DEA)

As the senior-most officer in the Ministry of Finance, Mr. Ajay Seth has been instrumental in budget formulation, fiscal policy, economic reforms, and global financial negotiations. His leadership in the Department of Economic Affairs (DEA) has significantly influenced India’s macroeconomic policies.

2. Additional Charge as Secretary, Department of Revenue

Mr. Seth assumed the additional charge of the Department of Revenue, following the retirement of Mr. Tuhin Kanta Pandey, who was appointed as the Chairman of SEBI. In this capacity, he oversees taxation policies, revenue generation, and financial regulations.

Previous Key Positions

  • Chairman, National Investment and Infrastructure Fund (NIIF)
  • Managing Director, Bangalore Metro Rail Corporation Limited (BMRCL)
  • Principal Secretary (Finance), Karnataka
  • Deputy Secretary, Ministry of Finance

Expertise in Infrastructure and Economic Development

Mr. Seth has played a pivotal role in infrastructure financing, public investment strategies, and economic reforms. As Managing Director of BMRCL, he contributed significantly to the expansion and modernization of Bangalore Metro.

Educational Background

  • Master’s Degree in International Development Policy – Duke University, USA
  • Academic focus on Economics and Public Administration, strengthening his expertise in financial policy formulation.

Vision as Finance Secretary

With decades of experience in public finance, investment policies, and economic governance, Mr. Seth’s leadership as Finance Secretary is expected to drive fiscal stability, economic growth, and structural reforms in India.

Also Read: IAS Madhup Vyas Appointed Deputy Election Commissioner at Election Commission of India


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Y-Puran-Kumar
Haryana IPS Y Puran Kumar Suicide: IAS Wife Amneet Kumar Files Complaint Against DGP and SP Over Explosive Note
shastri-bhawan
“I Just Couldn't Take It Anymore” - The Untold Story Behind CSS Officer Deepak Khoda’s Suicide Attempt at Shastri Bhawan | Exclusive Interview
grse mou
GRSE Signs Strategic MoU to Boost Indigenous Development of Advanced Naval Navigation Systems
Mazagon_Dock_Shipbuilders_Ltd_Organizes_Diwali_Mela_
Mazagon Dock Shipbuilders Ltd (MDL) Hosts Diwali Mela to Boost Vigilance Awareness and Empower Rural Self-Help Groups
NALCO_MOU_
NALCO Foundation Signs MoU to Boost Skill Development and Livelihood Opportunities for Rural Youth
Concor
Dividend Alert: CONCOR to Announce Q2 FY26 Financial Results and Second Interim Dividend on November 11
ircon and coal india
Coal India Partners with IRCON to Strengthen Rail Network for Seamless Coal Transportation
BEML_Joins_SCOPE_GIZ_Initiative
BEML Showcases Green Leadership at SCOPE-GIZ LeadIT Workshop on Industrial Decarbonisation
ADVERTISEMENT
ADVERTISEMENT
Videos
IDES Saquib Alam
UPSC Strategy & Mindset Tips from IDES Officer Saquib Alam | Video Interview 
Dr G K Goswami IPS
Everything you ever wanted to know about e-murder, e-dacoity and data safety
IFS Ravikant Meena UPSC IFS
Ravikant Meena on IFS Preparation, Optionals, and Life in Forest Service
ADVERTISEMENT
UPSC Stories
Jitendra Baghel MPPSC
7 Years, 4 Interviews, Now Dy.SP: How Jitendra Baghel Cracked MPPSC Through Relentless Struggle
Jitendra Baghel’s inspiring journey from a humble farming background to MPPSC Dy.SP showcases relentless...
IDES Saquib Alam
UPSC Strategy & Mindset Tips from IDES Officer Saquib Alam | Video Interview 
Discover how IDES officer Saquib Alam left his corporate job at Mahindra, overcame six UPSC attempts,...
Utkarsh Ujjwal IAS
IAS Utkarsh Ujjwal Shares Key Advice for UPSC Aspirants: Work Ethic, Failure, and Focus
Read the inspiring journey of IAS Utkarsh Ujjwal, 2023 batch, Gujarat cadre. From IIT Guwahati to clearing...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Y-Puran-Kumar
Haryana IPS Y Puran Kumar Suicide: IAS Wife Amneet Kumar Files Complaint Against DGP and SP Over Explosive Note
shastri-bhawan
“I Just Couldn't Take It Anymore” - The Untold Story Behind CSS Officer Deepak Khoda’s Suicide Attempt at Shastri Bhawan | Exclusive Interview
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IDES Saquib Alam
Dr G K Goswami IPS
IFS Ravikant Meena UPSC IFS
ADVERTISEMENT
ADVERTISEMENT