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
Image Yoga Day NBCC
Yoga Mahakumbh & Meditation Workshop: NBCC Commemorates 11th International Day of Yoga with Holistic Wellness Initiatives
IAS Prasanth N
Controversy Deepens Over IAS Officer Prasanth’s Suspension Extension Despite Panel Clearance
Indian Bureaucracy News Latest
ACC Extends Central Deputation Tenures of Ajai Kumar Verma and Kushagra Mittal
Screenshot 2025-06-21 202516
CM Yogi Leads International Yoga Day Celebrations in Gorakhpur
Indian PSUs Yoga Day 2025
Indian PSUs Lead the Way: Massive Participation Marks 11th International Yoga Day Across Public Sector
Jammu&Kashmir
Jammu & Kashmir: 27 Officers Promoted to Time Scale of JKAS; Safiya Abdullah Among Them - Check Order Here
Uttar Pradesh UP Government
Uttar Pradesh Launches ‘Urban Green Policy’ to Combat Climate Change and Promote Sustainable Development
WhatsApp Image 2025-06-21 at 8.03
Yoga for One Earth, One Health: NLC India Celebrates 11th International Yoga Day with 10,000 Participants in Neyveli
ADVERTISEMENT
ADVERTISEMENT
Videos
Inderjit Singh Interview Plane Crash
What ill-fated pilots of AI171 may have gone through in those 40 seconds before the crash? Intro:
IRAS Ananth Rupanagudi
IRAS Ananth Rupanagudi’s 27-Year Odyssey with Indian Railways | Exclusive Interview
Monika Singh
The Civil Servant Who Finds Peace in Poetry
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2025-06-18 at 10.31
"I Just Wanted to Breathe Again": The Man Who Fought Death and Made It to UPSC
Struck by COVID at the peak of his UPSC prep, Devanand Telgote spent months on ECMO, unsure he'd live,...
Ravinder Nandal IDES
IDES Ravinder Nandal's Story of Self-Made Success
Balancing fatherhood, full-time jobs, and six UPSC attempts, Ravinder Nandal’s story is one of perseverance,...
Shailendra Choudhary UPSC
Daily Routine, Optional, Essays & More | Shailendra Choudhary Breaks It Down
Shailendra Choudhary, AIR 362 in UPSC 2024, shares how focused preparation, self-made strategies, and...
Social Media
Tigress Arrowhead
The End of an Era: A Queen Falls - Ranthambore’s Iconic Tigress Arrowhead (T-84) Passes Away at 14, Hours After Daughter’s Relocation
Ranthambore mourns the loss of one of its fiercest and most beloved tigers, Arrowhead, the granddaughter...
Screenshot 2025-06-13 194001
Wild Elephant Disrupts Riverside Picnic, Sparks Debate on Human Encroachment; IFS Parveen Kumar Shares the Video - Watch Here!
Mr. Kaswan used the viral video, which has garnered over 1.5 lakh views, to highlight the risks of human...
Tiger jump Sundarban
Stunning Viral Video Shows Royal Bengal Tiger Making Spectacular 30-Foot Leap Across River in Sunderbans - See It Here
Retired Indian Forest Service (IFS) officer Susanta Nanda shared the clip online, which quickly went...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Image Yoga Day NBCC
Yoga Mahakumbh & Meditation Workshop: NBCC Commemorates 11th International Day of Yoga with Holistic Wellness Initiatives
IAS Prasanth N
Controversy Deepens Over IAS Officer Prasanth’s Suspension Extension Despite Panel Clearance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Inderjit Singh Interview Plane Crash
IRAS Ananth Rupanagudi
Monika Singh
ADVERTISEMENT
ADVERTISEMENT