IIT-Delhi and Harvard Business School alumnus Jayant Sinha on Monday took charge as Minister of State in the Finance Ministry.
He assumes office at a time when the Ministry is preparing the Budget for 2015-16. Sinha was briefed by senior officials in the Ministry soon after taking charge.
Sinha's career has seen him work as an investment fund manager and management consultant. He was once a partner at McKinsey.
The 51-year-old, whose father Yashwant Sinha served as Finance Minister in the earlier NDA government, was among the 21 ministers who took oath on Sunday at Rashtrapati Bhawan.
Sinha was elected to the Lok Sabha in May this year from Hazaribagh in Jharkhand.
Prime Minister Narendra Modi has expanded his Council of Ministers as the government looks to kick-start the economy with new reforms.