Ajay Seth takes over as new Economic Affairs Secretary

By: |
April 16, 2021 1:31 PM

Ajay Seth, a 1987 batch IAS officer of Karnataka cadre, on Friday assumed charge as Secretary Economic Affairs at a time when the economy which was showing signs of recovery is being threatened by the second wave of COVID-19. Seth replaces Tarun Bajaj, who moved as Revenue Secretary in the Ministry of Finance.

ajay sethIn his previous stint at the Finance Ministry, Seth served as Deputy Secretary and Director in the Department of Expenditure and Department of Economic Affairs between 2000 and 2004. (Photo source: Twitter/@FinMinIndia)

Ajay Seth, a 1987 batch IAS officer of Karnataka cadre, on Friday assumed charge as Secretary Economic Affairs at a time when the economy which was showing signs of recovery is being threatened by the second wave of COVID-19. Seth replaces Tarun Bajaj, who moved as Revenue Secretary in the Ministry of Finance.

“Ajay Seth takes charge as the new Secretary of Department of Economic Affairs (DEA), Ministry of Finance, in New Delhi today,” the Finance Ministry said in a tweet. Appointments Committee of the Cabinet headed by the Prime Minister on April 6 appointed Seth as the new Economic Affairs Secretary.

“Shri Seth is a 1987 Batch Indian Administrative Service officer of Karnataka Cadre. Mr Seth previously held charge as Managing Director of Bangalore Metro Rail Corporation Limited,” another tweet said.

In his previous stint at the Finance Ministry, Seth served as Deputy Secretary and Director in the Department of Expenditure and Department of Economic Affairs between 2000 and 2004. He served as Adviser to executive director Asian Development Bank during 2004-2008.

He has served as served as Secretary Budget and Resources in the state and also as commissioner Commercial Taxes Department.

Do you know What is India expected to grow 10 pc during current fiscal: NCAER Director General Poonam Gupt,FinMin releases Rs 9,871 cr grant to 17 state, Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Govt seeks greater industry role in boosting exports
2FM Sitharaman to start holding budget meetings after winter session
3Delhi recorded highest ever peak power demand in November this year: BSES