42 Facts About Jayant Sinha

1.

Jayant Sinha was born on 21 April 1963 and is an Indian politician who is the Member of Indian Parliament and formerly the Minister of State for Finance and the Minister of State for Civil Aviation in the Government of India.

2.

Jayant Sinha has been an investment fund manager and management consultant.

3.

At McKinsey, Jayant Sinha co-led the global Software and IT Services practice.

4.

Jayant Sinha was most recently a partner at Omidyar Network.

5.

Jayant Sinha led ON's overall investment strategy and operations in India.

6.

Jayant Sinha spent several years as a Managing Director at Courage Capital, a global special situations hedge fund.

7.

Jayant Sinha was born in a religious Chitraguptvanshi Kayastha family in Giridih, Jharkhand, where his father, Yashwant Sinha, was stationed as an IAS officer.

8.

Jayant Sinha was educated at St Michael's High School, Patna and St Columba's School, Delhi.

9.

In 1980, Jayant Sinha passed the JEE while in the 11th grade on his first attempt, and was admitted to Indian Institute of Technology Delhi.

10.

Jayant Sinha was awarded the IIT Delhi's Distinguished Alumni Award in October 2015.

11.

Later, Jayant Sinha attended Harvard Business School, and obtained an MBA with Distinction in 1992.

12.

Jayant Sinha has participated in Indian politics and policy-making since the 1990s.

13.

When his father became Finance Minister under Atal Bihari Vajpayee, Jayant Sinha provided policy inputs on several new initiatives such as the mortgage interest tax deduction and the Saral form to file income tax returns with ease and improve tax compliance.

14.

Jayant Sinha has been active in Hazaribagh, assisting his father's election campaigns since 1998.

15.

Jayant Sinha has worked on a variety of projects in Hazaribagh and Ramgarh districts such as fostering self-help groups, distributing solar lanterns, improving drinking water quality, and getting village roads built.

16.

Jayant Sinha has been an active contributor to the BJP's efforts to develop new campaign management technologies and systems.

17.

In 2014, Jayant Sinha contested Lok Sabha elections from the Hazaribagh seat in his home state of Jharkhand.

18.

Jayant Sinha won the elections with a huge margin of 1,59,128 votes, getting a total of 4,06,931 in his favour.

19.

In 2019, Jayant Sinha contested for the second time from Hazaribagh constituency and registered 728,798 votes out of the 1,070,929 votes cast.

20.

Jayant Sinha was sworn-in as Minister of State in the Union Council of Ministers on 9 November 2014.

21.

Jayant Sinha piloted key legislations, namely the Insurance Bill, Bankruptcy Bill, Negotiable Instruments Act and Regional Rural Banks Bill in the Parliament.

22.

Jayant Sinha is often credited with devising and driving innovative financing institutions, such as the National Infrastructure and Investment Fund, Long Term Irrigation Fund, India Aspiration Fund and Higher Education Financing Agency.

23.

Jayant Sinha's appointment came just after the government unveiled the first-ever National Civil Aviation Policy.

24.

At the launch of the scheme, Mr Jayant Sinha said the citizens would reap the benefit of development of remote areas, enhance trade and commerce and more tourism expansion.

25.

Jayant Sinha worked with security and customs agencies to reduce the use of unnecessary forms, eliminate baggage stamping, and enable e-boarding.

26.

Jayant Sinha developed the innovative AirSewa grievance redressal and flight information mobile app.

27.

Jayant Sinha has been a strong propagator of using technology to connect to the people directly and AirSewa concept originated from his handling of passenger grievances on various social media channels.

28.

Jayant Sinha played a crucial role in conceptualising the framework for the strategic privatization of Air India including the creation of an innovative SPV structure to manage Air India's non-core assets.

29.

Jayant Sinha has worked with the Air India Board to formulate the MaharajahDirect strategy for Air India to become a competitive global airline.

30.

Jayant Sinha led the formulation of the DigiYatra technology standards which brings together the aviation sector to implement a digital ecosystem for seamless, all-digital travel across all Indian airports and airlines.

31.

In October 2016 Jayant Sinha signed an MoU between the Ministry of Civil Aviation and the Ministry of Skill Development and Entrepreneurship for training of people in the various trades associated with the civil aviation sector to meet the potential of 60 lakh jobs in the next ten years.

32.

Later on 28 February 2017, MoS for Civil Aviation Jayant Sinha inaugurated India's first ever integrated heliport in Rohini, New Delhi along with the then Union Minister for Civil Aviation Ashok Gajapathi Raju.

33.

On September 2018 Jayant Sinha announced the digital sky policy that will enable the government of India to digitise the entire sky and control the drone ecosystem.

34.

On 23 February 2017 MP from Hazaribagh Jayant Sinha laid the foundation stone for three medical colleges in Dumka, Palamau and Hazaribagh along with the Chief Minister of Jharkhand Mr Raghubar Das.

35.

Jayant Sinha returned to India in 2002 with McKinsey, before leaving to join Courage Capital, a global special- situations hedge fund, to lead their India tech and investing efforts.

36.

Jayant Sinha served on Omidyar Network's five - member global executive committee.

37.

Jayant Sinha helped in funding the Indian Impact Investing Council.

38.

Jayant Sinha was invited to serve on the International Advisory Board of the International Finance Corporation, Washington DC.

39.

Jayant Sinha has been quoted widely in the global media for his views on business and economic policy, including in The Economist, the Wall Street Journal, Business Week, the New York Times, CNN, Bloomberg, and CNBC.

40.

In 2018, Jayant Sinha triggered controversy by allegedly garlanding 8 lynching convicts who murdered a Muslim.

41.

Jayant Sinha got involved in this matter in April 2018 after the Fast-Track Court sentenced all 11 adult accused to life imprisonment for murder on 21 March 2018.

42.

Jayant Sinha restated his position immediately through a series of tweets, explaining that he condemned all violence and vigilantism; the rule of law is supreme; the guilty should be punished, but the innocent should get justice as well; and he did not, in any way, condone vigilantism, and sincerely regretted if that's the impression that he gave.