Everipedia Logo
Everipedia is now IQ.wiki - Join the IQ Brainlist and our Discord for early access to editing on the new platform and to participate in the beta testing.
Minister of Finance (India)

Minister of Finance (India)

The Minister of Finance (or simply, Finance Minister) is the head of the Ministry of Finance of the Government of India. One of the senior-most offices in the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. As part of this, a key duty of the Finance Minister is to present the annual Union Budget in Parliament, which details the government's plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines the allocations to different ministries and departments. Occasionally, s/he is assisted by the Minister of State for Finance and the lower-ranked Deputy Minister of Finance.

The current Finance Minister of India is Nirmala Sitharaman.

Minister of Finance
Vitt Mantri
Nirmala Sitharaman addressing at the inauguration of the 2nd Edition of the Global Exhibition on Services-2016 (GES), at India Expo Centre & Mart, Greater Noida, Uttar Pradesh (cropped).jpg
**Incumbent
Nirmala Sitharaman**
since 31 May 2019
Ministry of Finance
StyleThe Honourable
Member ofCabinet
Cabinet Committee on Security
AppointerPresident on the advice of the Prime Minister
Inaugural holderR. K. Shanmukham Chetty
Formation29 October 1946
img

Lists of finance ministers

№NamePictureTerm of officePolitical party
(Alliance)		Prime Minister
1R. K. Shanmukham ChettyR. K. Shanmukham Chetty.jpg15 August 19471949Indian National CongressJawaharlal Nehru
2John MathaiJohn Mathai.jpg19491950
3C. D. DeshmukhCD Deshmukh crop.jpg29 May 1950[1]1957
4T. T. Krishnamachari195713 February 1958
5Jawaharlal NehruJnehru.jpg13 February 195813 March 1958
6Morarji DesaiMorarji Desai (portrait).png13 March 195829 August 1963
(4)T. T. Krishnamachari29 August 19631965Jawaharlal Nehru
Lal Bahadur Shastri
7Sachindra Chaudhuri196513 March 1967Lal Bahadur Shastri
Indira Gandhi
(6)Morarji DesaiMorarji Desai (portrait).png13 March 196716 July 1969Indira Gandhi
8Indira GandhiIndira Gandhi 1977.jpg19701971
9Yashwantrao Chavan19711975
10Chidambaram SubramaniamChidambaram Subramaniam.jpg19751977
11Hirubhai M. Patel24 March 197724 January 1979Janata PartyMorarji Desai
12Charan SinghCharan Singh 1990 stamp of India.jpg24 January 197928 July 1979
13Hemwati Nandan BahugunaHemwati Nandan Bahuguna 2018 stamp of India.jpg28 July 197914 January 1980Janata Party (Secular)Charan Singh
14R. VenkataramanR Venkataraman (cropped).jpg14 January 198015 January 1982Indian National CongressIndira Gandhi
15Pranab MukherjeePranab Mukherjee-World Economic Forum Annual Meeting Davos 2009 crop(2).jpg15 January 198231 December 1984
16V. P. SinghV. P. Singh (cropped).jpg31 December 198424 January 1987Rajiv Gandhi
17Rajiv GandhiRajiv Gandhi (1987).jpg24 January 198725 July 1987
18N. D. TiwariEx Uttarakhand CM ND Tiwari.jpg25 July 198725 June 1988
19Shankarrao Chavan25 June 19882 December 1989
20Madhu Dandavate2 December 198910 November 1990Janata Dal
(National Front)		V. P. Singh
21Yashwant SinhaYashwant Sinha IMF.jpg10 November 199021 June 1991Samajwadi Janata Party
(National Front)		Chandra Shekhar
22Manmohan SinghPrime Minister Manmohan Singh in WEF ,2009 (cropped).jpg21 June 199116 May 1996Indian National CongressP. V. Narasimha Rao
23Jaswant SinghJaswant Singh (cropped).jpg16 May 19961 June 1996Bharatiya Janata PartyAtal Bihari Vajpayee
24P. ChidambaramPchidambaram (cropped).jpg1 June 199621 April 1997Tamil Maanila Congress
(United Front)		H. D. Deve Gowda
25I. K. GujralInder Kumar Gujral 071.jpg21 April 19971 May 1997Janata Dal
(United Front)		I. K. Gujral
(24)P. ChidambaramPchidambaram (cropped).jpg1 May 199719 March 1998Tamil Maanila Congress
(United Front)
(21)Yashwant SinhaYashwant Sinha IMF.jpg19 March 19981 July 2002Bharatiya Janata Party
(National Democratic Alliance)		Atal Bihari Vajpayee
(23)Jaswant SinghJaswant Singh (cropped).jpg1 July 200222 May 2004
(24)P. ChidambaramPchidambaram (cropped).jpg22 May 200430 November 2008Indian National Congress
(United Progressive Alliance)		Manmohan Singh
(22)Manmohan SinghPrime Minister Manmohan Singh in WEF ,2009 (cropped).jpg30 November 200824 January 2009
(15)Pranab MukherjeePranab Mukherjee-World Economic Forum Annual Meeting Davos 2009 crop(2).jpg24 January 200926 June 2012
(22)Manmohan SinghPrime Minister Manmohan Singh in WEF ,2009 (cropped).jpg26 June 201231 July 2012
(24)P. ChidambaramPchidambaram (cropped).jpg31 July 201226 May 2014
26Arun JaitleyThe official photograph of the Defence Minister, Shri Arun Jaitley.jpg26 May 201414 May 2018Bharatiya Janata Party
(National Democratic Alliance)		Narendra Modi
27Piyush Goyal
Piyush Goyal (cropped).jpg14 May 201822 August 2018
(26)Arun JaitleyThe official photograph of the Defence Minister, Shri Arun Jaitley.jpg23 August 201823 January 2019
(27)Piyush Goyal
Piyush Goyal (cropped).jpg23 January 201915 February 2019
(26)Arun JaitleyThe official photograph of the Defence Minister, Shri Arun Jaitley.jpg16 February 201930 May 2019
28Nirmala SitharamanNirmala Sitharaman addressing at the inauguration of the 2nd Edition of the Global Exhibition on Services-2016 (GES), at India Expo Centre & Mart, Greater Noida, Uttar Pradesh (cropped).jpg31 May 2019Present

References

[1]
Citation Linkphotodivision.gov.in[1]
Sep 29, 2019, 11:55 PM
[2]
Citation Linkwww.finmin.nic.inFinance Ministry, Official website
Sep 29, 2019, 11:55 PM
[3]
Citation Linkphotodivision.gov.in[1]
Sep 29, 2019, 11:55 PM
[4]
Citation Linkwww.finmin.nic.inFinance Ministry, Official website
Sep 29, 2019, 11:55 PM
[5]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Sep 29, 2019, 11:55 PM