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 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.
^. Archived from the original on 22 September 2015. Retrieved 19 April 2016.{{cite web}}: CS1 maint: archived copy as title (link)
^"Cabinet reshuffle: Piyush Goyal to take over finance ministry, Smriti Irani moved out of I&B".
^"Piyush Goyal | Interim Finance Minister: Piyush Goyal named interim Finance & Corporate Affairs minister". The Economic Times.
External links
Finance Ministry, Official website
January 18, 2023
minister, finance, india, minister, finance, vitta, mantrī, simply, finance, minister, short, form, head, ministry, finance, government, india, senior, offices, union, cabinet, finance, minister, responsible, fiscal, policy, government, duty, finance, minister. The Minister of Finance Vitta Mantri 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 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 Minister of Finance Vitta MantriEmblem of IndiaFlag of IndiaIncumbentNirmala Sitharamansince 31 May 2019Ministry of FinanceStyleThe HonourableAbbreviationFMMember ofCabinetCabinet Committee on SecurityAppointerPresident on the advice of the Prime MinisterInaugural holderR K Shanmukham ChettyFormation15 August 1947There 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 Contents 1 Lists of Finance Ministers 2 List of Ministers of State 3 Department of Finance State Ministers 4 References 5 External linksLists of Finance Ministers EditNo Picture Name Term of office Prime Minister Party1 R K Shanmukham Chetty 15 August 1947 1 17 August 1948 1 year 2 days Jawaharlal Nehru Indian National Congress2 Jawaharlal Nehru 17 August 1948 22 September 1948 36 days3 John Mathai 22 September 1948 1 June 1950 1 year 252 days4 C D Deshmukh 1 June 1950 2 24 July 1956 6 years 53 days 2 Jawaharlal Nehru 24 July 1956 30 August 1956 37 days5 T T Krishnamachari 30 August 1956 14 February 1958 1 year 168 days 2 Jawaharlal Nehru 14 February 1958 22 March 1958 36 days6 Morarji Desai 23 March 1958 31 August 1963 5 years 161 days 5 T T Krishnamachari 31 August 1963 31 December 1965 2 years 122 days NehruNandaShastri7 Sachindra Chaudhuri 1 January 1966 12 March 1967 1 year 70 days ShastriIndira Gandhi 6 Morarji Desai 13 March 1967 16 July 1969 2 years 125 days Indira Gandhi8 Indira Gandhi 16 July 1969 27 June 1970 346 days9 Yashwantrao Chavan 27 June 1970 10 October 1974 4 years 105 days10 Chidambaram Subramaniam 10 October 1974 24 March 1977 2 years 165 days 6 Morarji Desai 24 March 1977 26 March 1977 2 days Morarji Desai Janata Party11 Hirubhai M Patel 26 March 1977 24 January 1979 1 year 304 days12 Charan Singh 24 January 1979 16 July 1979 173 days 6 Morarji Desai 16 July 1979 28 July 1979 12 days13 Hemwati Nandan Bahuguna 28 July 1979 19 October 1979 83 days Charan Singh Janata Party Secular 12 Charan Singh 19 October 1979 14 January 1980 87 days14 R Venkataraman 14 January 1980 15 January 1982 2 years 1 day Indira Gandhi Indian National Congress15 Pranab Mukherjee 15 January 1982 31 December 1984 2 years 351 days16 Vishwanath Pratap Singh 31 December 1984 24 January 1987 2 years 24 days Rajiv Gandhi17 Rajiv Gandhi 24 January 1987 25 July 1987 182 days18 N D Tiwari 25 July 1987 25 June 1988 336 days19 Shankarrao Chavan 25 June 1988 2 December 1989 1 year 160 days20 Madhu Dandavate 6 December 1989 10 November 1990 343 days V P Singh Janata Dal21 Yashwant Sinha 21 November 1990 21 June 1991 212 days Chandra Shekhar Samajwadi Janata Party Rashtriya 22 Manmohan Singh 21 June 1991 16 May 1996 4 years 330 days P V Narasimha Rao Indian National Congress23 Jaswant Singh 16 May 1996 1 June 1996 16 days Atal Bihari Vajpayee Bharatiya Janata Party24 P Chidambaram 1 June 1996 21 April 1997 324 days H D Deve Gowda Tamil Maanila Congress25 I K Gujral 21 April 1997 1 May 1997 10 days I K Gujral Janata Dal 24 P Chidambaram 1 May 1997 19 March 1998 322 days Tamil Maanila Congress 21 Yashwant Sinha 19 March 1998 1 July 2002 4 years 104 days Atal Bihari Vajpayee Bharatiya Janata Party 23 Jaswant Singh 1 July 2002 22 May 2004 1 year 326 days 24 P Chidambaram 22 May 2004 30 November 2008 4 years 192 days Manmohan Singh Indian National Congress 22 Manmohan Singh 30 November 2008 24 January 2009 55 days 15 Pranab Mukherjee 24 January 2009 26 June 2012 3 years 154 days 22 Manmohan Singh 26 June 2012 31 July 2012 35 days 24 P Chidambaram 31 July 2012 26 May 2014 1 year 299 days26 Arun Jaitley 26 May 2014 14 May 2018 3 years 353 days Narendra Modi Bharatiya Janata Party27 Piyush Goyal 14 May 2018 3 22 August 2018 100 days 26 Arun Jaitley 23 August 2018 23 January 2019 153 days 27 Piyush Goyal 23 January 2019 4 15 February 2019 23 days 26 Arun Jaitley 16 February 2019 30 May 2019 103 days28 Nirmala Sitharaman 30 May 2019 Incumbent 3 years 232 daysList of Ministers of State EditMinisters of State of Finance No Picture Name Term of office Prime Minister Party1 R K Kumar 20 March 1998 22 May 1998 63 days Atal Bihari Vajpayee All India Anna Dravida Munnetra Kazhagam2 Kadambur M R Janarthanan 22 May 1998 8 April 1999 321 days3 V Dhananjay Kumar 13 October 1999 30 September 2000 353 days Bharatiya Janata Party4 Balasaheb Vikhe Patil 13 October 1999 1 July 2002 2 years 261 days Shiv Sena5 Gingee N Ramachandran 30 September 2000 24 May 2003 2 years 236 days Marumalarchi Dravida Munnetra Kazhagam6 Anant Geete 1 July 2002 26 August 2002 56 days Shiv Sena7 Anandrao Vithoba Adsul 26 August 2002 22 May 2004 1 year 270 days8 Shripad Naik 8 September 2003 22 May 2004 257 days Bharatiya Janata Party10 Nirmala Sitharaman 26 May 2014 9 November 2014 167 days Narendra Modi11 Jayant Sinha 9 November 2014 5 July 2016 1 year 239 days12 Santosh Gangwar 5 July 2016 3 September 2017 1 year 60 days13 Arjun Ram Meghwal 5 July 2016 3 September 2017 1 year 60 days14 Pon Radhakrishnan 3 September 2017 30 May 2019 1 year 269 days15 Shiv Pratap Shukla 3 September 2017 30 May 2019 1 year 269 days16 Anurag Thakur 30 May 2019 7 July 2021 2 years 38 days17 Bhagwat Karad 7 July 2021 Incumbent 1 year 194 daysDepartment of Finance State Ministers EditS No State Name Party1 Andhra Pradesh Buggana Rajendranath YSRCP2 Arunachal Pradesh Chowna Mein BJP3 Assam Ajanta Neog BJP4 Bihar Vijay Kumar Chaudhary JD U 5 Chhattisgarh Bhupesh Baghel INC6 Delhi Manish Sisodia AAP7 Goa Pramod Sawant BJP8 Gujarat Kanubhai Desai BJP9 Haryana Manohar Lal Khattar BJP10 Himachal Pradesh Sukhvinder Singh Sukhu INC11 Jharkhand Rameshwar Oraon INC12 Karnataka Basavaraj Bommai BJP13 Kerala K N Balagopal CPI M 14 Madhya Pradesh Jagdish Devda BJP15 Maharashtra Devendra Fadnavis BJP16 Manipur N Biren Singh BJP17 Meghalaya Conrad Sangma NPP18 Mizoram Zoramthanga MNF19 Nagaland Neiphiu Rio BJP20 Odisha Niranjan Pujari BJD21 Puducherry N Rangaswamy NRC22 Punjab Harpal Singh Cheema AAP23 Rajasthan Ashok Gehlot INC24 Sikkim Prem Singh Tamang SKM25 Tamil Nadu Palanivel Thiagarajan DMK26 Telangana T Harish Rao BRS27 Tripura Jishnu Dev Varma BJP28 Uttar Pradesh Suresh Khanna BJP29 Uttarakhand Premchand Aggarwal BJP30 West Bengal Mamata Banerjee AITCReferences Edit COUNCIL OF MINISTERS PDF Archived copy Archived from the original on 22 September 2015 Retrieved 19 April 2016 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Cabinet reshuffle Piyush Goyal to take over finance ministry Smriti Irani moved out of I amp B Piyush Goyal Interim Finance Minister Piyush Goyal named interim Finance amp Corporate Affairs minister The Economic Times External links EditFinance Ministry Official website Retrieved from https en wikipedia org w index php title Minister of Finance India amp oldid 1134154239, wikipedia, wiki, book, books, library,
