Ajay Seth, a 1987 batch IAS officer of Karnataka cadre, on Friday assumed cost as Secretary Economic Affairs at a time when the financial system which was exhibiting indicators of restoration is being threatened by the second wave of COVID-19.
Seth replaces Tarun Bajaj, who moved as Revenue Secretary within 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 mentioned in a tweet.
Appointments Committee of the Cabinet headed by the Prime Minister on April 6 appointed Seth as the brand 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,” one other tweet mentioned.
In his earlier stint on the Finance Ministry, Seth served as Deputy Secretary and Director within the Department of Expenditure and Department of Economic Affairs between 2000 and 2004. He served as Adviser to government director Asian Development Bank throughout 2004-2008.
He has served as served as Secretary Budget and Resources within the state and in addition as commissioner Commercial Taxes Department.