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This comes after the government on Monday appointed serving Revenue Secretary Sanjay Malhotra as the governor of the Reserve Bank of India. Malhotra will take charge of the RBI for three years with effect from December 11.
The government order said: “Competent Authority has approved assignment of additional charge of the post of Secretary, Department of Revenue to Ajay Seth Secretary, Department of Economic Affairs with immediate effect till the appointment of a regular incumbent or until further orders, whichever is earlier.”
Also Read: Q2 GDP slowdown temporary; H2 growth to pick up pace, says Economic Affairs Secy
A 1987 batch IAS officer of the Karnataka cadre, Seth has been the secretary in the Department of Economic Affairs since April 2021. Seth holds a B.Tech in mechanical engineering and an MBA.
He has over three decades of experience in public finance and social sector administration dealing with matters related to budgets, tax policy, foreign investments, bilateral and multilateral financial cooperation, development financing, and public-private partnerships.
Also Read: India’s 7% growth target for FY25 ‘very much doable’, says DEA Secretary Ajay Seth