The 64-year-old former foreign secretary also said he was honoured to be given the new responsibility.
Slamming those behind the terror attacks on churches and luxury hotels in the island nation, Owaisi said there was no place for violence in Islam.
His other challenge will be to ensure peace and tranquillity along the frontier with China while developing required military infrastructure to deal with any possible Chinese hostility.
In its manifesto for 2019 general elections, the BJP had promised to extend the scheme to all farmers.
It will be the first budget of the Modi government in its second term and will be presented by Finance Minister Nirmala Sitharaman.
While Shah won Lok Sabha polls from Gandhinagar with a massive margin, Jaishankar is expected to reach Parliament through the Rajya Sabha route.
The oath-taking ceremony was held at the forecourt of majestic Rashtraparti Bhavan in New Delhi.
Modi along with 57 minister took oath of office on Thursday. Shah also joined the new Cabinet.
The BJP did not win any of the 25 Lok Sabha seats in the state in the recent general elections.
Hiraben, 95, watched the ceremony from her house at Raysan.
Before testing her popularity as an MP, she was an MLA in Uttar Pradesh from 2012 to 2014, when she represented Hamirpur assembly constituency.
Parkash is the sitting legislator from Phagwara Assembly segment which falls in the Hoshiarpur parliamentary seat.
Naqvi is among the well-known Muslim leaders of the pro-Hindutva Bharatiya Janata Party.
He was administered oath as minister of state by President Ram Nath Kovind at Rashtrapati Bhavan Thursday.
Known as a leader accessible to party workers and people, Sawant made a mark during his first term in the Lok Sabha in 2014.