Finance Ministers List in India from 1946 to 2025

Explore the complete list of Finance Ministers in India from 1946 to 2025, detailing their terms and contributions to the nation's finance.

Finance Ministers List in India: The Ministry of Finance is a crucial part of the Government of India, headed by the Finance Minister. It oversees taxation, financial legislation, financial institutions, capital markets, and both central and state finances, including the Union Budget.

The Finance Minister is responsible for managing taxation, financial legislation, capital markets, and financial institutions, as well as the finances of both the central and state governments and the Union Budget. R.K. Shanmukham Chetty was the first Finance Minister of independent India and presented the very first budget. Below is the complete list of Finance Ministers in India from 1946 up to 2025.

Finance Ministers List in India 1946 to 2025

The list of Finance Ministers of India is presented below.

Name of MinisterTerm of Office
Liaquat Ali Khan29 October 1946 to 14 August 1947
R.K. Shanmukham Chetty15 August 1947 to 17 August 1948
John Mathai22 September 1948 to 1 June 1950
C. D. Deshmukh1 June to 1 August 1956
Jawaharlal Nehru1 August 1956 to 30 August 1956
T. T. Krishnamachari30 August 1956 to 14 February 1958
Jawaharlal Nehru14 February to 22 March
Morarji Desai22 March to 31 August 1963
T. T. Krishnamachari31 August to 31 December 1965
Sachindra Chaudhuri1 January 1966 to 13 March 1967
Morarji Desai13 March 1967 to 16 July 1969
Indira Gandhi16 July 1969 to 27 June 1970
Yashwantrao B. Chavan27 June 1970 to 10 October 1974
Chidambaram Subramaniam10 October 1974 to 24 March 1977
Haribhai M. Patel26 March 1977 to 24 January 1979
Charan Singh24 January 1979 to 16 July 1979
Hemvati Nandan Bahuguna28 July 1979 to 19 October 1979
R. Venkataraman14 January 1980 to 15 January 1982
Pranab Mukherjee15 January 1982 to 31 December 1984
V. P. Singh31 December 1984 to 24 January 1987
Rajiv Gandhi24 January 1987 to 25 July 1987
N. D. Tiwari25 July 1987 to 25 June 1988
Shankarro B. Chavan25 June 1988 to 2 December 1989
Madhu Dandavate5 December 1989 to 10 November 1990
Yashwant Sinha21 November 1990 to 21 June 1991
Manmohan Singh21 June 1991 to 16 May 1996
Jaswant Singh16 May 1996 to 1 June 1996
P. Chidambaram1 June 1996 to 21 April 1997
I.K Gujral21 April 1997 to 1 May 1997
P. Chidambaram1 May 1997 to 19 March 1998
Yashwant Sinha19 March 1998 to 1 July 2002
Jaswant Sinha1 July 2002 to 22 May 2004
P. Chidambaram23 May 2004 to 30 November 2008
Manmohan Singh30 November 2008 to 24 January 2009
Pranab Mukherjee24 January 2009 to 26 June 2012
Manmohan Singh26 June 2012 to 31 July 2012
P. Chidambaram31 July 2012 to 26 May 2014
Arun Jaitley26 May 2014 to 30 May 2019
Nirmala Sitharaman31 May 2019 to Present
Finance Ministers List in India
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