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
Nitish Kumar CM
First Degree College in Vaishali Assembly to Be Established in Goraul Block; CM Nitish Kumar to Lay Foundation on September 12
Chhattisgarh News
From Tokyo to Bastar: Strong Investor Connect Blooms With Chhattisgarh's New Industrial Policy as Model of Inclusive Growth & Investment
Pushkar Singh Dhami CM
CM Dhami Bats for Balanced Development & Environmental Conservation at Save Himalaya Abhiyan, Plastic Waste Management in Focus
madras-high-court-01
Madras High Court Dismisses Plea Against Ad Hoc Appointment of Tamil Nadu DGP R. Venkataraman
Jharkhand news
Youth Accelerates Jharkhand's Urban Growth: CM Hemant Soren Announces Major Appointments in Urban Development Department
surat  TP Scheme‑61
Surat Awards TP Scheme‑61 in Record Eight Months as Bullet Train Spawns Urban Transformation
Yogi at Goraknath Temple
Sanatan Values and National Service: CM Yogi Pays Tribute to Mahants at Gorakhnath Temple, Elucidates On Legacy of Spiritual Leaders
airport
Gujarat to Boost Aviation Infrastructure with Dahod and Dwarka Airports, Driving Economic Growth by 2025
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
How Modern Forensics Helps Police Solve Crimes – IPS Officer Shikha Goel Explains | Video Interview
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Medha Roopam
IAS Medha Roopam’s Inspiring Dedication in Flood-Hit Noida Goes Viral: Focuses on Relief, Education Amid Heavy Rains
Books in One Hand, Umbrella in Other: Noida DM Medha Roopam Leads Flood Relief from the Front
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Dr H S Singh Gir National Park
How Dr H. S. Singh Saved the Asiatic Lion and Transformed Gir’s Landscape
IFS Awards 2025
Eco Warrior Awards 2025 Honours India’s Green Heroes at a Grand Celebration of Conservation and Innovation
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
ADVERTISEMENT
ADVERTISEMENT