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Minister of Finance (India)
Head of the Ministry of Finance in India
Head of the Ministry of Finance in India
| Field | Value |
|---|---|
| insignia | Ministry of Finance India.svg |
| insigniasize | 200 |
| insigniacaption | Emblem of India |
| flag | Flag of India.svg |
| flagsize | 110px |
| flagborder | yes |
| flagcaption | Flag of India |
| abbreviation | FM |
| department | Ministry of Finance |
| style | The Honourable |
| post | Minister of Finance |
| native_name | hi |
| image | Am 11. April 2025 empfing Außenministerin Beate Meinl-Reisinger die indische Finanzministerin Nirmala Sitharaman in Wien (54445397025) (cropped).jpg |
| imagesize | 170 |
| incumbent | Nirmala Sitharaman |
| member_of | Cabinet |
| Cabinet Committee on Security | |
| reports_to | President of India |
| Prime Minister of India | |
| Parliament of India | |
| incumbentsince | 31 May 2019 |
| appointer | President on the advice of the Prime Minister |
| inaugural | R. K. Shanmukham Chetty |
| formation | 15 August 1947 |
Cabinet Committee on Security Prime Minister of India Parliament of India The minister of finance (Vitta Mantrī ) (or simply, the finance minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior most offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the finance minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the budget, the finance minister also outlines allocations to all the ministries and departments. The minister is assisted by the minister of state for finance and the junior deputy minister of finance.
There have been a number of ministers of finance that went on to become the prime minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh and also to serve as the president; R.Venkataraman and Pranab Mukherjee. Several prime ministers have also gone on to hold the position of minister of finance.
The current finance minister of India is Nirmala Sitharaman. Of all finance ministers, Pranab Mukherjee and Nirmala Sitharaman had served as both cabinet ministers and ministers of state for finance.
Cabinet ministers
| Portrait | Minister | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (Birth-Death) | ||||||||||
| Constituency | Term of office | Political party | Ministry | Prime Minister | From | To | Period | Minister of Finance (19461947) | Minister of Finance (1947present) | |
| All-India Muslim League}}" | [[File:Liaquat Ali Khan 1945.jpg | 70px]] | Liaquat Ali Khan | |||||||
| (18951951) | 29 October | |||||||||
| 1946 | 14 August | |||||||||
| 1947 | **** | All-India Muslim League | Interim | Indian National Congress}}" | Jawaharlal Nehru | |||||
| (Vice President of Executive Council) | ||||||||||
| Indian National Congress}}" | [[File:R. K. Shanmukham Chetty.jpg | 70px]] | R. K. Shanmukham Chetty | |||||||
| (18921953) | ||||||||||
| Unelected | 15 August | |||||||||
| 1947 | 17 August | |||||||||
| 1948 | **** | Indian National Congress | Nehru I | Indian National Congress}}" | Jawaharlal Nehru | |||||
| Indian National Congress}}" | [[File:Kshitish Chandra Neogy.jpg | 70px]] | Kshitish Chandra Neogy | |||||||
| (18881970) | ||||||||||
| MCA for West Bengal | 18 August | |||||||||
| 1948 | 22 September | |||||||||
| 1948 | **** | |||||||||
| Indian National Congress}}" | [[File:John Mathai.jpg | 70px]] | John Matthai | |||||||
| (18861959) | ||||||||||
| MP for United Provinces | 22 September | |||||||||
| 1948 | 1 June | |||||||||
| 1950 | **** | |||||||||
| Indian National Congress}}" | [[File:Chintaman Dwarakanath Deshmukh (cropped).jpg | 70px]] | C. D. Deshmukh | |||||||
| (18961982) | ||||||||||
| MP for Kolaba | 1 June | |||||||||
| 1950 | 15 April | |||||||||
| 1952 | **** | |||||||||
| 15 April | ||||||||||
| 1952 | 24 July | |||||||||
| 1956 | Nehru II | |||||||||
| Indian National Congress}}" | [[File:Jawaharlal Nehru, 1947.jpg | 70px]] | Jawaharlal Nehru | |||||||
| (18891964) | ||||||||||
| MP for Phulpur | ||||||||||
| (Prime Minister) | 24 July | |||||||||
| 1956 | 30 August | |||||||||
| 1956 | **** | |||||||||
| Indian National Congress}}" | [[File:T. T. Krishnamachari Lok Sabha photo.jpg | 70px]] | T. T. Krishnamachari | |||||||
| (1899–1974) | ||||||||||
| MP for Madras South | 30 August | |||||||||
| 1956 | 4 April | |||||||||
| 1957 | **** | |||||||||
| 4 April | ||||||||||
| 1957 | 13 February | |||||||||
| 1958 | Nehru III | |||||||||
| Indian National Congress}}" | [[File:Morarji Desai visits the USA (cropped).jpg | 70px]] | Morarji Desai | |||||||
| (1896–1995) | ||||||||||
| MP for Surat | 13 February | |||||||||
| 1958 | 2 April | |||||||||
| 1962 | **** | |||||||||
| 2 April | ||||||||||
| 1962 | 31 August | |||||||||
| 1963 | Nehru IV | |||||||||
| Indian National Congress}}" | [[File:T. T. Krishnamachari Lok Sabha photo.jpg | 70px]] | T. T. Krishnamachari | |||||||
| (1899–1974) | ||||||||||
| MP for Tiruchendur | 31 August | |||||||||
| 1963 | 27 May | |||||||||
| 1964 | **** | |||||||||
| 27 May | ||||||||||
| 1964 | 9 June | |||||||||
| 1964 | Nanda I | Indian National Congress}}" | Gulzarilal Nanda | |||||||
| 9 June | ||||||||||
| 1964 | 31 December | |||||||||
| 1965 | Shastri | Indian National Congress}}" | Lal Bahadur Shastri | |||||||
| Indian National Congress}}" | [[File:Sachindra Chaudhari Lok Sabha photo.jpg | 70px]] | Sachindra Chaudhuri | |||||||
| (19031992) | ||||||||||
| MP for Ghatal | 1 January | |||||||||
| 1966 | 11 January | |||||||||
| 1966 | **** | |||||||||
| 11 January | ||||||||||
| 1966 | 24 January | |||||||||
| 1966 | Nanda II | Indian National Congress}}" | Gulzarilal Nanda | |||||||
| 24 January | ||||||||||
| 1966 | 12 March | |||||||||
| 1967 | Indira I | Indian National Congress}}" | Indira Gandhi | |||||||
| Indian National Congress}}" | [[File:Morarji Desai visits the USA (cropped).jpg | 70px]] | Morarji Desai | |||||||
| (1896–1995) | ||||||||||
| MP for Surat | ||||||||||
| (Deputy Prime Minister) | 13 March | |||||||||
| 1967 | 16 July | |||||||||
| 1969 | **** | Indira II | ||||||||
| Indian National Congress (R)}}" | [[File:Indira Gandhi 1977.jpg | 70px]] | Indira Gandhi | |||||||
| (19171984) | ||||||||||
| MP for Rae Bareli | ||||||||||
| (Prime Minister) | 16 July | |||||||||
| 1969 | 27 June | |||||||||
| 1970 | **** | Indian National Congress (R) | Indian National Congress (R)}}" | |||||||
| Indian National Congress (R)}}" | [[File:Yashwantrao Chavan.jpg | 70px]] | Yashwantrao Chavan | |||||||
| (19131984) | ||||||||||
| MP for Satara | 27 June | |||||||||
| 1970 | 13 March | |||||||||
| 1971 | **** | |||||||||
| 13 March | ||||||||||
| 1971 | 10 October | |||||||||
| 1974 | Indira III | |||||||||
| Indian National Congress (R)}}" | [[File:Chidambaram Subramaniam Lok Sabha photo.jpg | 70px]] | Chidambaram Subramaniam | |||||||
| (19102000) | ||||||||||
| MP for Palani | 10 October | |||||||||
| 1974 | 24 March | |||||||||
| 1977 | **** | |||||||||
| Janata Party}}" | [[File:Morarji Desai visits the USA (cropped).jpg | 70px]] | Morarji Desai | |||||||
| (1896–1995) | ||||||||||
| MP for Surat | ||||||||||
| (Prime Minister) | 24 March | |||||||||
| 1977 | 26 March | |||||||||
| 1977 | **** | Janata Party | Desai | Janata Party}}" | Morarji Desai | |||||
| Janata Party}}; color:white" | [[File:Hirubhai M. Patel Lok Sabha photo.jpg | 70px]] | Hirubhai M. Patel | |||||||
| (19041993) | ||||||||||
| MP for Sabarkantha | 26 March | |||||||||
| 1977 | 24 January | |||||||||
| 1979 | **** | |||||||||
| Janata Party}}; color:white" | [[File:Charan Singh Portrait.jpg | 70px]] | Charan Singh | |||||||
| (19021987) | ||||||||||
| MP for Baghpat | ||||||||||
| (Deputy Prime Minister) | 24 January | |||||||||
| 1979 | 16 July | |||||||||
| 1979 | **** | |||||||||
| Janata Party}}; color:white" | [[File:Morarji Desai visits the USA (cropped).jpg | 70px]] | Morarji Desai | |||||||
| (1896–1995) | ||||||||||
| MP for Surat | ||||||||||
| (Prime Minister) | 16 July | |||||||||
| 1979 | 28 July | |||||||||
| 1979 | **** | |||||||||
| Janata Party (Secular)}}" | [[File:Hemwati Nandan Bahuguna stamp (cropped).jpg | 70px]] | Hemwati Nandan Bahuguna | |||||||
| (19191989) | ||||||||||
| MP for Lucknow | 28 July | |||||||||
| 1979 | 19 October | |||||||||
| 1979 | **** | Janata Party (Secular) | Charan | Janata Party (Secular)}}" | Charan Singh | |||||
| Janata Party (Secular)}}; color:white" | [[File:Charan Singh Portrait.jpg | 70px]] | Charan Singh | |||||||
| (19021987) | ||||||||||
| MP for Baghpat | ||||||||||
| (Prime Minister) | 19 October | |||||||||
| 1979 | 14 January | |||||||||
| 1980 | **** | |||||||||
| Indian National Congress (I)}}" | [[File:R Venkataraman.jpg | 70px]] | Ramaswamy Venkataraman | |||||||
| (19102009) | ||||||||||
| MP for Madras South | 14 January | |||||||||
| 1980 | 15 January | |||||||||
| 1982 | **** | Indian National Congress (I) | Indira IV | Indian National Congress (I)}}" | Indira Gandhi | |||||
| Indian National Congress (I)}}" | [[File:Pranab Mukherjee Portrait (cropped).jpg | 70px]] | Pranab Mukherjee | |||||||
| (19352020) | ||||||||||
| Rajya Sabha MP for Gujarat | 15 January | |||||||||
| 1982 | 31 October | |||||||||
| 1984 | **** | |||||||||
| 31 October | ||||||||||
| 1984 | 31 December | |||||||||
| 1984 | Rajiv I | Indian National Congress (I)}}" | Rajiv Gandhi | |||||||
| Indian National Congress (I)}}" | [[File:V. P. Singh (cropped).jpg | 70px]] | Vishwanath Pratap Singh | |||||||
| (19312008) | ||||||||||
| Rajya Sabha MP for Uttar Pradesh | 31 December | |||||||||
| 1984 | 24 January | |||||||||
| 1987 | **** | Rajiv II | ||||||||
| Indian National Congress (I)}}" | [[File:RajivGandhi.jpg | 70px]] | Rajiv Gandhi | |||||||
| (19441991) | ||||||||||
| MP for Amethi | ||||||||||
| (Prime Minister) | 24 January | |||||||||
| 1987 | 25 July | |||||||||
| 1987 | **** | |||||||||
| Indian National Congress (I)}}" | [[File:Shri Narayan Dutt Tiwari.jpg | 70px]] | N. D. Tiwari | |||||||
| (19252018) | ||||||||||
| Rajya Sabha MP for Uttar Pradesh | 25 July | |||||||||
| 1987 | 25 June | |||||||||
| 1988 | **** | |||||||||
| Indian National Congress (I)}}" | [[File:Shankarrao Chavan 2007 stamp of India (cropped).jpg | 70px]] | Shankarrao Chavan | |||||||
| (19202004) | ||||||||||
| MP for Nanded | 25 June | |||||||||
| 1988 | 2 December | |||||||||
| 1989 | **** | |||||||||
| Janata Dal}}" | [[File:V. P. Singh (cropped).jpg | 70px]] | Vishwanath Pratap Singh | |||||||
| (19312008) | ||||||||||
| MP for Fatehpur | ||||||||||
| (Prime Minister) | 2 December | |||||||||
| 1989 | 5 December | |||||||||
| 1989 | **** | Janata Dal | Vishwanath | Janata Dal}}" | Vishwanath Pratap Singh | |||||
| Janata Dal}}; color:white" | [[File:Madhu Dandavate Lok Sabha photo.jpg | 70px]] | Madhu Dandavate | |||||||
| (19242005) | ||||||||||
| MP for Rajapur | 6 December | |||||||||
| 1989 | 10 November | |||||||||
| 1990 | **** | |||||||||
| Samajwadi Janata Party (Rashtriya)}}" | [[File:Chandra Shekhar Singh.jpg | 70px]] | Chandra Shekhar | |||||||
| (19272007) | ||||||||||
| MP for Ballia | ||||||||||
| (Prime Minister) | 10 November | |||||||||
| 1990 | 21 November | |||||||||
| 1990 | **** | Samajwadi Janata Party (Rashtriya) | Chandra Shekhar | Samajwadi Janata Party (Rashtriya)}}" | Chandra Shekhar | |||||
| Samajwadi Janata Party (Rashtriya)}}" | [[File:Yashwant Sinha IMF.jpg | 70px]] | Yashwant Sinha | |||||||
| (born 1937) | ||||||||||
| Rajya Sabha MP for Bihar | 21 November | |||||||||
| 1990 | 21 June | |||||||||
| 1991 | **** | |||||||||
| Indian National Congress (I)}}" | [[File:Manmohan Singh in 2009.jpg | 70px]] | Manmohan Singh | |||||||
| (19322024) | ||||||||||
| Rajya Sabha MP for Assam | 21 June | |||||||||
| 1991 | 16 May | |||||||||
| 1996 | **** | Indian National Congress (I) | Rao | Indian National Congress (I)}}" | P. V. Narasimha Rao | |||||
| Bharatiya Janata Party}}" | [[File:Former Union minister Jaswant singh.jpg | 70px]] | Jaswant Singh | |||||||
| (19382020) | ||||||||||
| MP for Chittorgarh | 16 May | |||||||||
| 1996 | 1 June | |||||||||
| 1996 | **** | Bharatiya Janata Party | Vajpayee I | Bharatiya Janata Party}}" | Atal Bihari Vajpayee | |||||
| Tamil Maanila Congress}}" | [[File:Palaniappan Chidambaram - World Economic Forum Annual Meeting 2011 (cropped).jpg | 70px]] | P. Chidambaram | |||||||
| (born 1945) | ||||||||||
| MP for Sivaganga | 1 June | |||||||||
| 1996 | 21 April | |||||||||
| 1997 | **** | Tamil Maanila Congress | Deve Gowda | Janata Dal}}" | H. D. Deve Gowda | |||||
| Janata Dal}}; color:white" | [[File:Inder Kumar Gujral 071.jpg | 70px]] | Inder Kumar Gujral | |||||||
| (19192012) | ||||||||||
| Rajya Sabha MP for Bihar | ||||||||||
| (Prime Minister) | 21 April | |||||||||
| 1997 | 1 May | |||||||||
| 1997 | **** | Janata Dal | Gujral | Janata Dal}}" | Inder Kumar Gujral | |||||
| Tamil Maanila Congress}}" | [[File:Palaniappan Chidambaram - World Economic Forum Annual Meeting 2011 (cropped).jpg | 70px]] | P. Chidambaram | |||||||
| (born 1945) | ||||||||||
| MP for Sivaganga | 1 May | |||||||||
| 1997 | 19 March | |||||||||
| 1998 | **** | Tamil Maanila Congress | ||||||||
| Bharatiya Janata Party}}" | [[File:Yashwant Sinha IMF.jpg | 70px]] | Yashwant Sinha | |||||||
| (born 1937) | ||||||||||
| MP for Hazaribagh | 19 March | |||||||||
| 1998 | 13 October | |||||||||
| 1999 | **** | Bharatiya Janata Party | Vajpayee II | Bharatiya Janata Party}}" | Atal Bihari Vajpayee | |||||
| 13 October | ||||||||||
| 1999 | 1 July | |||||||||
| 2002 | Vajpayee III | |||||||||
| Bharatiya Janata Party}}" | [[File:Former Union minister Jaswant singh.jpg | 70px]] | Jaswant Singh | |||||||
| (19382020) | ||||||||||
| Rajya Sabha MP for Rajasthan | 1 July | |||||||||
| 2002 | 22 May | |||||||||
| 2004 | **** | |||||||||
| Indian National Congress}}" | [[File:Palaniappan Chidambaram - World Economic Forum Annual Meeting 2011 (cropped).jpg | 70px]] | P. Chidambaram | |||||||
| (born 1945) | ||||||||||
| MP for Sivaganga | 23 May | |||||||||
| 2004 | 30 November | |||||||||
| 2008 | **** | Indian National Congress | Manmohan I | Indian National Congress}}" | Manmohan Singh | |||||
| Indian National Congress}}" | [[File:Manmohan Singh in 2009.jpg | 70px]] | Manmohan Singh | |||||||
| (19322024) | ||||||||||
| Rajya Sabha MP for Assam | ||||||||||
| (Prime Minister) | 30 November | |||||||||
| 2008 | 24 January | |||||||||
| 2009 | **** | |||||||||
| Indian National Congress}}" | [[File:Pranab Mukherjee Portrait (cropped).jpg | 70px]] | Pranab Mukherjee | |||||||
| (19352020) | ||||||||||
| MP for Jangipur | 24 January | |||||||||
| 2009 | 22 May | |||||||||
| 2009 | **** | |||||||||
| 23 May | ||||||||||
| 2009 | 26 June | |||||||||
| 2012 | Manmohan II | |||||||||
| Indian National Congress}}" | [[File:Manmohan Singh in 2009.jpg | 70px]] | Manmohan Singh | |||||||
| (19322024) | ||||||||||
| Rajya Sabha MP for Assam | ||||||||||
| (Prime Minister) | 26 June | |||||||||
| 2012 | 31 July | |||||||||
| 2012 | **** | |||||||||
| Indian National Congress}}" | [[File:Palaniappan Chidambaram - World Economic Forum Annual Meeting 2011 (cropped).jpg | 70px]] | P. Chidambaram | |||||||
| (born 1945) | ||||||||||
| MP for Sivaganga | 31 July | |||||||||
| 2012 | 26 May | |||||||||
| 2014 | **** | |||||||||
| Bharatiya Janata Party}}" | [[File:Official photograph of the Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley.jpg | 70px]] | Arun Jaitley | |||||||
| (19522019) | ||||||||||
| Rajya Sabha MP for Gujarat, till 2018 | ||||||||||
| Rajya Sabha MP for Uttar Pradesh, from 2018 | 27 May | |||||||||
| 2014 | 14 May | |||||||||
| 2018 | **** | Bharatiya Janata Party | Modi I | Bharatiya Janata Party}}" | Narendra Modi | |||||
| Bharatiya Janata Party}}" | [[File:Piyush Goyal crop.jpg | 70px]] | Piyush Goyal | |||||||
| (born 1964) | ||||||||||
| Rajya Sabha MP for Maharashtra | 14 May | |||||||||
| 2018 | 23 August | |||||||||
| 2018 | **** | |||||||||
| Bharatiya Janata Party}}" | [[File:Official photograph of the Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley.jpg | 70px]] | Arun Jaitley | |||||||
| (19522019) | ||||||||||
| Rajya Sabha MP for Uttar Pradesh | 23 August | |||||||||
| 2018 | 23 January | |||||||||
| 2019 | **** | |||||||||
| Bharatiya Janata Party}}" | [[File:Piyush Goyal crop.jpg | 70px]] | Piyush Goyal | |||||||
| (born 1964) | ||||||||||
| Rajya Sabha MP for Maharashtra | 23 January | |||||||||
| 2019 | 15 February | |||||||||
| 2019 | **** | |||||||||
| Bharatiya Janata Party}}" | [[File:Official photograph of the Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Shri Arun Jaitley.jpg | 70px]] | Arun Jaitley | |||||||
| (19522019) | ||||||||||
| Rajya Sabha MP for Uttar Pradesh | 15 February | |||||||||
| 2019 | 30 May | |||||||||
| 2019 | **** | |||||||||
| Bharatiya Janata Party}}" | [[File:Am 11. April 2025 empfing Außenministerin Beate Meinl-Reisinger die indische Finanzministerin Nirmala Sitharaman in Wien (54445397025) (cropped).jpg | 70px]] | Nirmala Sitharaman | |||||||
| (born 1959) | ||||||||||
| Rajya Sabha MP for Karnataka | 31 May | |||||||||
| 2019 | Incumbent | **** | Modi II | |||||||
| Modi III |
Ministers of state
| Portrait | Minister | |||||||
|---|---|---|---|---|---|---|---|---|
| (Birth-Death) | ||||||||
| Constituency | Term of office | Political party | Ministry | Prime Minister | From | To | Period | |
| Indian National Congress}}" | [[File:Mahavir Tyagi Lok Sabha photo.jpg | 70px]] | Mahavir Tyagi | |||||
| (18991980) | ||||||||
| MP for United Provinces (Interim) | ||||||||
| MP for Dehradun | ||||||||
| *Minister of Revenue and Expenditure, | ||||||||
| from 21 August 1952* | 16 February | |||||||
| 1951 | 13 May | |||||||
| 1952 | **** | Indian National Congress | Nehru I | Indian National Congress}}" | ||||
| 13 May | ||||||||
| 1952 | 16 March | |||||||
| 1953 | Nehru II | |||||||
| Indian National Congress}}" | [[File:Arun Chandra Guha Lok Sabha photo.jpg | 70px]] | Arun Chandra Guha | |||||
| MP for Barasat | ||||||||
| Minister of Revenue and Defence Expenditure | 7 December | |||||||
| 1954 | 17 April | |||||||
| 1957 | **** | |||||||
| Indian National Congress}}" | [[File:Manilal Chaturbhai Shah Rajya Sabha photo.jpg | 70px]] | Manilal Chaturbhai Shah | |||||
| Rajya Sabha MP for Bombay State | ||||||||
| Minister of Revenue and Civil Expenditure | ||||||||
| Indian National Congress}}" | [[File:Bezawada Gopala Reddy.jpg | 70px]] | Bezawada Gopala Reddy | |||||
| (19071997) | ||||||||
| MP for Kavali | ||||||||
| Minister of Revenue and Civil Expenditure | 10 May | |||||||
| 1958 | 7 April | |||||||
| 1961 | **** | Nehru III | ||||||
| Indian National Congress}}" | [[File:Bali Ram Bhagat portrait.gif | 70px]] | Bali Ram Bhagat | |||||
| (19222011) | ||||||||
| MP for Arrah | ||||||||
| (Coordination) | 1 November | |||||||
| 1963 | 27 May | |||||||
| 1964 | **** | Nehru IV | ||||||
| 27 May | ||||||||
| 1964 | 9 June | |||||||
| 1964 | Nanda I | Indian National Congress}}" | Gulzarilal Nanda | |||||
| 13 June | ||||||||
| 1964 | 11 January | |||||||
| 1966 | **** | Shastri | Indian National Congress}}" | Lal Bahadur Shastri | ||||
| Indian National Congress}}" | [[File:C M Poonacha.gif | 70px]] | C. M. Poonacha | |||||
| (19101990) | ||||||||
| Rajya Sabha MP for Mysore | ||||||||
| Minister of Revenue and Expenditure | 2 January | |||||||
| 1966 | 11 January | |||||||
| 1966 | **** | |||||||
| Indian National Congress}}" | [[File:C M Poonacha.gif | 70px]] | C. M. Poonacha | |||||
| (19101990) | ||||||||
| Rajya Sabha MP for Mysore | ||||||||
| Minister of Revenue and Expenditure | 11 January | |||||||
| 1966 | 24 January | |||||||
| 1966 | **** | Nanda II | Indian National Congress}}" | Gulzarilal Nanda | ||||
| Indian National Congress}}" | [[File:Bali Ram Bhagat portrait.gif | 70px]] | Bali Ram Bhagat | |||||
| (19222011) | ||||||||
| MP for Arrah | ||||||||
| (Coordination) | ||||||||
| Indian National Congress}}" | [[File:Bali Ram Bhagat portrait.gif | 70px]] | Bali Ram Bhagat | |||||
| (19222011) | ||||||||
| MP for Arrah | 24 January | |||||||
| 1966 | 13 March | |||||||
| 1967 | **** | Indira I | Indian National Congress}}" | Indira Gandhi | ||||
| Indian National Congress (R)}}" | [[File:Prakash Chandra Sethi Lok Sabha photo.jpg | 70px]] | Prakash Chandra Sethi | |||||
| (19191996) | ||||||||
| MP for Indore | 14 February | |||||||
| 1969 | 27 June | |||||||
| 1970 | **** | Indian National Congress (R) | Indira II | Indian National Congress (R)}}" | ||||
| Indian National Congress (R)}}" | [[File:R.K. Khadilkar.jpg | 70px]] | Raghunath Keshav Khadilkar | |||||
| (19051979) | ||||||||
| MP for Baramati | 7 November | |||||||
| 1969 | 27 June | |||||||
| 1970 | **** | |||||||
| Indian National Congress (R)}}" | [[File:Vidya Charan Shukla (cropped).jpg | 70px]] | Vidya Charan Shukla | |||||
| (19292013) | ||||||||
| MP for Mahasamund, until 1971 | ||||||||
| MP for Raipur, from 1971 | 27 June | |||||||
| 1970 | 18 March | |||||||
| 1971 | **** | |||||||
| 18 March | ||||||||
| 1971 | 2 May | |||||||
| 1971 | Indira III | |||||||
| Indian National Congress (R)}}" | [[File:K. R. Ganesh Lok Sabha photo.jpg | 70px]] | K. R. Ganesh | |||||
| (19222004) | ||||||||
| MP for Andaman and Nicobar Islands | 2 May | |||||||
| 1971 | 10 October | |||||||
| 1974 | **** | |||||||
| Indian National Congress (R)}}" | [[File:Pranab Mukherjee Portrait (cropped).jpg | 70px]] | Pranab Mukherjee | |||||
| (19352020) | ||||||||
| Rajya Sabha MP for West Bengal | ||||||||
| (Revenue and Banking, | ||||||||
| from 21 December 1975) | 10 October | |||||||
| 1974 | 24 March | |||||||
| 1977 | **** | |||||||
| Janata Party}}" | Zulfiquarullah | |||||||
| MP for Sultanpur | 14 August | |||||||
| 1977 | 15 July | |||||||
| 1979 | **** | Janata Party | Desai | Janata Party}}" | ||||
| Janata Party}}" | Satish Chandra Agarwal | |||||||
| (19281997) | ||||||||
| MP for Jaipur | 14 August | |||||||
| 1977 | 28 July | |||||||
| 1979 | **** | |||||||
| Janata Party (Secular)}}" | Nathuram Mirdha | |||||||
| (19211996) | ||||||||
| MP for Nagaur | 25 October | |||||||
| 1979 | 14 January | |||||||
| 1980 | **** | Janata Party (Secular) | Charan | Janata Party (Secular)}}" | ||||
| Indian National Congress (I)}}" | [[File:Jagannath Pahadia.jpg | 70px]] | Jagannath Pahadia | |||||
| (19321991) | ||||||||
| MP for Bayana | 14 January | |||||||
| 1980 | 6 June | |||||||
| 1980 | **** | Indian National Congress (I) | Indira IV | Indian National Congress (I)}}" | ||||
| Indian National Congress (I)}}" | [[File:Sawai Singh Sisodia.jpg | 70px]] | Sawai Singh Sisodiya | |||||
| (19192007) | ||||||||
| Rajya Sabha MP for Madhya Pradesh | ||||||||
| (Revenue and Expenditure) | 19 October | |||||||
| 1980 | 2 September | |||||||
| 1982 | **** | |||||||
| Indian National Congress (I)}}" | S. B. P. Pattabhirama Rao | |||||||
| (19111998) | ||||||||
| MP for Rajahmundry | 2 September | |||||||
| 1982 | 7 February | |||||||
| 1984 | **** | |||||||
| Indian National Congress (I)}}" | [[File:Minister of External Affairs S.M. Krishna (4667878654) (cropped).jpg | 70px]] | S. M. Krishna | |||||
| (19322024) | ||||||||
| MP for Mandya | 7 February | |||||||
| 1984 | 7 September | |||||||
| 1984 | **** | |||||||
| Indian National Congress (I)}}" | Janardhana Poojary | |||||||
| (born 1937) | ||||||||
| MP for Mangalore | 31 December | |||||||
| 1984 | 14 February | |||||||
| 1988 | **** | Indian National Congress (I) | Rajiv II | Indian National Congress (I)}}" | ||||
| Indian National Congress (I)}}" | B. K. Gadhvi | |||||||
| (19372005) | ||||||||
| MP for Banaskantha | 12 May | |||||||
| 1986 | 2 December | |||||||
| 1989 | **** | |||||||
| Indian National Congress (I)}}" | Brahm Dutt | |||||||
| (19262014) | ||||||||
| MP for Tehri Garhwal | 24 January | |||||||
| 1987 | 25 July | |||||||
| 1987 | **** | |||||||
| Indian National Congress (Indira)}}" | Ajit Kumar Panja | |||||||
| (19362008) | ||||||||
| MP for Calcutta North East | ||||||||
| (Revenue) | 14 February | |||||||
| 1988 | 2 December | |||||||
| 1989 | **** | |||||||
| Indian National Congress (I)}}" | [[File:Eduardo Faleiro (cropped).jpg | 70px]] | Eduardo Faleiro | |||||
| (born 1940) | ||||||||
| MP for Mormugao | ||||||||
| (Economic Affairs) | 14 February | |||||||
| 1988 | 2 December | |||||||
| 1989 | **** | |||||||
| Indian National Congress (I)}}" | Dalbir Singh | |||||||
| MP for Shahdol | 21 June | |||||||
| 1991 | 17 January | |||||||
| 1993 | **** | Indian National Congress (I) | Rao | Indian National Congress (I)}}" | ||||
| Indian National Congress (I)}}" | [[File:Shantaram Potdukhe Lok Sabha MP.jpg | 70px]] | Shantaram Potdukhe | |||||
| (19332018) | ||||||||
| MP for Chandrapur | 21 June | |||||||
| 1991 | 17 January | |||||||
| 1993 | **** | |||||||
| Indian National Congress (I)}}" | [[File:The Governor of Karnataka, Shri Rameshwar Thakur in Bangalore on January 13, 2008.jpg | 70px]] | Rameshwar Thakur | |||||
| (19252015) | ||||||||
| Rajya Sabha MP for Bihar | 26 June | |||||||
| 1991 | 18 January | |||||||
| 1993 | **** | |||||||
| Indian National Congress (I)}}" | M. V. Chandrashekara Murthy | |||||||
| (19392001) | ||||||||
| MP for Kanakapura | ||||||||
| (Revenue and Expenditure) | 18 January | |||||||
| 1993 | 16 May | |||||||
| 1996 | **** | |||||||
| Indian National Congress (I)}}" | Abrar Ahmed | |||||||
| (19562004) | ||||||||
| Rajya Sabha MP for Rajasthan | 18 January | |||||||
| 1993 | 2 April | |||||||
| 1994 | **** | |||||||
| Indian National Congress (I)}}" | [[File:Debi Prasad Pal.jpg | 70px]] | Debi Prasad Pal | |||||
| (19272021) | ||||||||
| MP for Calcutta North West | 15 September | |||||||
| 1995 | 16 May | |||||||
| 1996 | **** | |||||||
| Janata Dal}}" | [[File:M. P. Veerendra Kumar DS.jpg | 70px]] | M. P. Veerendra Kumar | |||||
| (19362020) | ||||||||
| MP for Kozhikode | 21 February | |||||||
| 1997 | 21 April | |||||||
| 1997 | **** | Janata Dal | Deve Gowda | Janata Dal}}" | ||||
| 21 April | ||||||||
| 1997 | 9 June | |||||||
| 1997 | Gujral | Janata Dal}}" | Inder Kumar Gujral | |||||
| All India Indira Congress (Tiwari)}}" | [[File:Shri Satpal Maharaj.jpg | 70px]] | Satpal Maharaj | |||||
| (born 1951) | ||||||||
| MP for Garhwal | 9 June | |||||||
| 1997 | 19 March | |||||||
| 1998 | **** | All India Indira Congress (Tiwari) | ||||||
| AIADMK}}" | R. K. Kumar | |||||||
| (19421999) | ||||||||
| Rajya Sabha MP for Tamil Nadu | ||||||||
| (Revenue, Banking and Insurance) | 19 March | |||||||
| 1998 | 22 May | |||||||
| 1998 | **** | All India Anna Dravida Munnetra Kazhagam | Vajpayee II | Bharatiya Janata Party}}" | ||||
| AIADMK}}" | Kadambur R. Janarthanan | |||||||
| (19292020) | ||||||||
| MP for Tirunelveli | 22 May | |||||||
| 1998 | 8 April | |||||||
| 1999 | **** | |||||||
| Shiv Sena}}" | [[File:Balasaheb Vikhe Patil accepting Padma Bhushan (cropped).jpg | 70px]] | Balasaheb Vikhe Patil | |||||
| (19322016) | ||||||||
| MP for Kopargaon | 13 October | |||||||
| 1999 | 1 July | |||||||
| 2002 | **** | Shiv Sena | Vajpayee III | |||||
| Bharatiya Janata Party}}" | [[File:Danajaya kumar001.png | 70px]] | V. Dhananjay Kumar | |||||
| (19512019) | ||||||||
| MP for Mangalore | 13 October | |||||||
| 1999 | 30 September | |||||||
| 2000 | **** | Bharatiya Janata Party | ||||||
| Marumalarchi Dravida Munnetra Kazhagam}}" | Gingee N. Ramachandran | |||||||
| (born 1944) | ||||||||
| MP for Tindivanam | 30 September | |||||||
| 2000 | 24 May | |||||||
| 2003 | **** | Marumalarchi Dravida Munnetra Kazhagam | ||||||
| Shiv Sena}}" | [[File:Anant Geete in April 2017.jpg | 70px]] | Anant Geete | |||||
| (born 1951) | ||||||||
| MP for Ratnagiri | ||||||||
| (Banking and Expenditure) | 1 July | |||||||
| 2002 | 26 August | |||||||
| 2002 | **** | Shiv Sena | ||||||
| Shiv Sena}}" | [[File:Anandrao Vithoba Adsul (in yellow jacket).jpeg | 70px]] | Anandrao Vithoba Adsul | |||||
| (born 1947) | ||||||||
| MP for Buldhana | 26 August | |||||||
| 2002 | 22 May | |||||||
| 2004 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Shripad Yasso Naik - Kolkata 2014-10-12 7755.JPG | 70px]] | Shripad Naik | |||||
| (born 1952) | ||||||||
| MP for Panaji | 8 September | |||||||
| 2003 | 22 May | |||||||
| 2004 | **** | Bharatiya Janata Party | ||||||
| Dravida Munnetra Kazhagam}}" | [[File:S. S. Palanimanickam (cropped).jpg | 70px]] | S. S. Palanimanickam | |||||
| (born 1950) | ||||||||
| MP for Thanjavur | ||||||||
| (Revenue, from 29 January 2006) | 25 May | |||||||
| 2004 | 22 May | |||||||
| 2009 | **** | Dravida Munnetra Kazhagam | Manmohan I | Indian National Congress}}" | ||||
| Indian National Congress}}" | [[File:The Union Minister for Railways, Shri Pawan Kumar Bansal inaugurating the New Block of Civil Hospital at Manimajra, in Chandigarh on April 07, 2013.jpg | 70px]] | Pawan Kumar Bansal | |||||
| (born 1948) | ||||||||
| MP for Chandigarh | ||||||||
| (Expenditure, Banking and Insurance) | 29 January | |||||||
| 2006 | 22 May | |||||||
| 2009 | **** | Indian National Congress | ||||||
| Dravida Munnetra Kazhagam}}" | [[File:S. S. Palanimanickam (cropped).jpg | 70px]] | S. S. Palanimanickam | |||||
| (born 1950) | ||||||||
| MP for Thanjavur | ||||||||
| (Revenue) | 28 May | |||||||
| 2009 | 21 March | |||||||
| 2013 | **** | Dravida Munnetra Kazhagam | Manmohan II | |||||
| Indian National Congress}}" | [[File:Namo Narain Meena (cropped).jpg | 70px]] | Namo Narain Meena | |||||
| (born 1943) | ||||||||
| MP for Tonk–Sawai Madhopur | ||||||||
| (Expenditure, Banking and Insurance) | 28 May | |||||||
| 2009 | 26 May | |||||||
| 2014 | **** | Indian National Congress | ||||||
| Indian National Congress}}" | [[File:Jesudasu Seelam in June 2013 (cropped).jpg | 70px]] | Jesudasu Seelam | |||||
| (born 1953) | ||||||||
| Rajya Sabha MP for Andhra Pradesh | ||||||||
| (Revenue) | 17 June | |||||||
| 2013 | 26 May | |||||||
| 2014 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Smt. Nirmala Sitharaman Hon'ble Finance Minister of India.jpg | 70px]] | Nirmala Sitharaman | |||||
| (born 1959) | ||||||||
| Rajya Sabha MP for Andhra Pradesh | 27 May | |||||||
| 2014 | 9 November | |||||||
| 2014 | **** | Bharatiya Janata Party | Modi I | Bharatiya Janata Party}}" | ||||
| Bharatiya Janata Party}}" | [[File:JayantSinha.JPG | 70px]] | Jayant Sinha | |||||
| (born 1963) | ||||||||
| MP for Hazaribagh | 9 November | |||||||
| 2014 | 5 July | |||||||
| 2016 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Santosh Kumar Gangwar (cropped).jpg | 70px]] | Santosh Kumar Gangwar | |||||
| (born 1948) | ||||||||
| MP for Bareilly | 5 July | |||||||
| 2016 | 3 September | |||||||
| 2017 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Arjun Ram Meghwal 2017 (cropped).jpg | 70px]] | Arjun Ram Meghwal | |||||
| (born 1953) | ||||||||
| MP for Bikaner | ||||||||
| Bharatiya Janata Party}}" | [[File:Pon Radhakrishnan.jpg | 70px]] | Pon Radhakrishnan | |||||
| (born 1952) | ||||||||
| MP for Kanniyakumari | 3 September | |||||||
| 2017 | 30 May | |||||||
| 2019 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Shivpratap Shukla.jpg | 70px]] | Shiv Pratap Shukla | |||||
| (born 1952) | ||||||||
| Rajya Sabha MP for Uttar Pradesh | ||||||||
| Bharatiya Janata Party}}" | [[File:Shri Anurag Singh Thakur in March 2023.jpg | 70px]] | Anurag Singh Thakur | |||||
| (born 1974) | ||||||||
| MP for Hamirpur | 31 May | |||||||
| 2019 | 7 July | |||||||
| 2021 | **** | Modi II | ||||||
| Bharatiya Janata Party}}" | [[File:Pankaj Chaudhury assuming charge as Minister of State for Finance in 2024 (cropped).jpg | 70px]] | Pankaj Chaudhary | |||||
| (born 1964) | ||||||||
| MP for Maharajganj | 7 July | |||||||
| 2021 | 9 June | |||||||
| 2024 | **** | |||||||
| Bharatiya Janata Party}}" | [[File:Bhagwat Karad with PM Modi (cropped).jpg | 70px]] | Bhagwat Karad | |||||
| (born 1956) | ||||||||
| Rajya Sabha MP for Maharashtra | ||||||||
| Bharatiya Janata Party}}" | [[File:Pankaj Chaudhury assuming charge as Minister of State for Finance in 2024 (cropped).jpg | 70px]] | Pankaj Chaudhary | |||||
| (born 1964) | ||||||||
| MP for Maharajganj | 10 June | |||||||
| 2024 | Incumbent | **** | Modi III |
Deputy ministers
| Portrait | Minister | |||||||
|---|---|---|---|---|---|---|---|---|
| (Birth-Death) | ||||||||
| Constituency | Term of office | Political party | Ministry | Prime Minister | From | To | Period | |
| Indian National Congress}}" | [[File:Manilal Chaturbhai Shah Rajya Sabha photo.jpg | 70px]] | Manilal Chaturbhai Shah | |||||
| Rajya Sabha MP for Bombay State | 12 August | |||||||
| 1952 | 7 December | |||||||
| 1954 | **** | Indian National Congress | Nehru II | Indian National Congress}}" | ||||
| Indian National Congress}}" | [[File:Arun Chandra Guha Lok Sabha photo.jpg | 70px]] | Arun Chandra Guha | |||||
| MP for Barasat | 18 March | |||||||
| 1953 | 7 December | |||||||
| 1954 | **** | |||||||
| Indian National Congress}}" | [[File:Bali Ram Bhagat portrait.gif | 70px]] | Bali Ram Bhagat | |||||
| (19222011) | ||||||||
| MP for Arrah | 4 January | |||||||
| 1956 | 17 April | |||||||
| 1957 | **** | |||||||
| 17 April | ||||||||
| 1957 | 10 April | |||||||
| 1962 | Nehru III | |||||||
| Indian National Congress}}" | [[File:Tarkeshwari Sinha portrait.gif | 70px]] | Tarkeshwari Sinha | |||||
| (19262007) | ||||||||
| MP for Barh | 10 May | |||||||
| 1958 | 10 April | |||||||
| 1962 | **** | |||||||
| Indian National Congress}}" | [[File:Bali Ram Bhagat portrait.gif | 70px]] | Bali Ram Bhagat | |||||
| (19222011) | ||||||||
| MP for Arrah | 16 April | |||||||
| 1962 | 21 September | |||||||
| 1963 | **** | Nehru IV | ||||||
| Indian National Congress}}" | [[File:Tarkeshwari Sinha portrait.gif | 70px]] | Tarkeshwari Sinha | |||||
| (19262007) | ||||||||
| MP for Barh | 16 April | |||||||
| 1962 | 27 May | |||||||
| 1964 | **** | |||||||
| 27 May | ||||||||
| 1964 | 9 June | |||||||
| 1964 | Nanda I | Indian National Congress}}" | Gulzarilal Nanda | |||||
| Indian National Congress}}" | [[File:Rameshwar Sahu Lok Sabha photo.jpg | 70px]] | Rameshwar Sahu | |||||
| MP for Rosera | 1 October | |||||||
| 1964 | 11 January | |||||||
| 1966 | **** | Shastri | Indian National Congress}}" | Lal Bahadur Shastri | ||||
| 11 January | ||||||||
| 1966 | 24 January | |||||||
| 1966 | Nanda II | Indian National Congress}}" | Gulzarilal Nanda | |||||
| Indian National Congress}}" | [[File:Lalit Narayan Mishra 1976 stamp of India.jpg | 70px]] | Lalit Narayan Mishra | |||||
| (19231975) | ||||||||
| Rajya Sabha MP for Bihar | 24 January | |||||||
| 1966 | 13 March | |||||||
| 1967 | **** | Indira I | Indian National Congress}}" | Indira Gandhi | ||||
| Indian National Congress}}" | [[File:Jagannath Pahadia.jpg | 70px]] | Jagannath Pahadia | |||||
| (19321991) | ||||||||
| MP for Bayana | 13 November | |||||||
| 1967 | 17 October | |||||||
| 1969 | **** | Indira II | ||||||
| Indian National Congress (R)}}" | [[File:K. R. Ganesh Lok Sabha photo.jpg | 70px]] | K. R. Ganesh | |||||
| (19222004) | ||||||||
| MP for Andaman and Nicobar Islands | 26 June | |||||||
| 1970 | 18 March | |||||||
| 1971 | **** | Indian National Congress (R) | Indira II | |||||
| 18 March | ||||||||
| 1971 | 2 May | |||||||
| 1971 | Indira III | Indian National Congress (R)}}" | ||||||
| Indian National Congress (R)}}" | [[File:Sushila Rohatgi Lok Sabha photo.jpg | 70px]] | Sushila Rohatgi | |||||
| (19211911) | ||||||||
| MP for Bilhaur | 2 May | |||||||
| 1971 | 24 March | |||||||
| 1977 | **** | |||||||
| Indian National Congress (I)}}" | [[File:Shri Maganbhai.gif | 70px]] | Maganbhai Barot | |||||
| (19272011) | ||||||||
| MP for Ahmedabad | 8 June | |||||||
| 1980 | 15 January | |||||||
| 1982 | **** | Indian National Congress (I) | Indira IV | Indian National Congress (I)}}" | ||||
| Indian National Congress (I)}}" | Janardhana Poojary | |||||||
| (born 1937) | ||||||||
| MP for Mangalore | ||||||||
| (Banking and Insurance) | 15 January | |||||||
| 1982 | 31 October | |||||||
| 1984 | **** | |||||||
| 31 October | ||||||||
| 1984 | 31 December | |||||||
| 1984 | Rajiv I | Indian National Congress (I)}}" | Rajiv Gandhi | |||||
| Janata Dal}}" | [[File:Anil Shastri, in New Delhi on November 25, 2006 (cropped).jpg | 70px]] | Anil Shastri | |||||
| MP for Varanasi | 23 April | |||||||
| 1990 | 10 November | |||||||
| 1990 | **** | Janata Dal | Vishwanath | Janata Dal}}" | ||||
| Samajwadi Janata Party (Rashtriya)}}" | [[File:Dig Vijaysingh.jpg | 70px]] | Digvijay Singh | |||||
| (19552010) | ||||||||
| Rajya Sabha MP for Bihar | 21 November | |||||||
| 1990 | 21 June | |||||||
| 1991 | **** | Samajwadi Janata Party (Rashtriya) | Chandra Shekhar | Samajwadi Janata Party (Rashtriya)}}" |
Length of Tenure
List by length of tenure
| # | Finance Minister | Party | Length of term | Longest continuous term | Total tenure | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|---|---|---|---|---|
| P Chidambaram | 4 years, 191 days | 8 years, 41 days | ||||||||
| Morarji Desai | 5 years, 199 days | 7 years, 338 days | ||||||||
| Nirmala Sitharaman | **** | **** | ||||||||
| Pranab Mukherjee | 3 years, 154 days | 6 years, 140 days | ||||||||
| C. D. Deshmukh | 6 years, 53 days | 6 years, 53 days |
References
References
- "Department of Financial Services – Ministry of Finance, Government of India". Government of India.
- "Ministry of Finance (Department of Expenditure) – Contact Details". Integrated Government Online Directory, Government of India.
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