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Finance Ministers of India 2023, List, Names, Achivements

Finance Ministers of India

The Finance Minister of India is in charge of the Ministry of Finance, one of the top positions in the Union Cabinet. The annual Union Budget is something that the Finance Minister of India is tasked with preparing and presenting to Parliament each year. The Finance Minister of India is in charge of the government’s fiscal strategy.

The Ministry of Finance oversees the Union Budget, state and federal budgets, financial institutions, capital markets, taxation, and financial legislation. R. K. Shanmukham Chetty served as the nation of independent India’s first finance minister and delivered the nation’s first budget.

Read about: Cabinet Ministers of India

Finance Minister of India 2023 at Present

The first full-time female finance minister of India is Nirmala Sitharaman. Her first Union Budget and second under the NDA government were presented on July 5, 2019.

The Ministry of Finance now includes the department of public enterprises, which will continue to be led by Nirmala Sitharaman, the Finance Minister. In the most recent cabinet turnover, it was decided. The decision to include Department of Public Enterprises (DPE) in the FM is thought to be a step toward privatisation and more financial control over state-run businesses.

Read about: RBI Governors of India

List of Finance Ministers of India

Here’s complete Finance Ministers of India List:

Name Term of office from start till service end Prime Minister
Liaquat Ali Khan 29 October 1946 14 August 1947 Jawaharlal Nehru
R. K. Shanmukham Chetty 15 August 1947 17 August 1948 Jawaharlal Nehru
John Mathai 22 September 1948 26 January 1950
26 January 1950 6 May 1950
6 May 1950 1 June 1950
C. D. Deshmukh 1 June 1950 13 May 1952
13 May 1952 1 August 1956
Jawaharlal Nehru 1 August 1956 30 August 1956
T. T. Krishnamachari 30 August 1956 17 April 1957
17 April 1957 14 February 1958
Jawaharlal Nehru 14 February 1958 22 March 1958
Morarji Desai 22 March 1958 10 April 1962
10 April 1962 31 August 1963
T. T. Krishnamachari 31 August 1963 31 December 1965 Jawaharlal Nehru
Lal Bahadur Shastri
Sachindra Chaudhuri 1 January 1966 11 January 1966 Lal Bahadur Shastri
Indira Gandhi
11 January 1966 24 January 1966
24 January 1966 13 March 1967
Morarji Desai 13 March 1967 16 July 1969 Indira Gandhi
Indira Gandhi 16 July 1969 27 June 1970
Yashwantrao B. Chavan 27 June 1970 18 March 1971
18 March 1971 10 October 1974
Chidambaram Subramaniam 10 October 1974 24 March 1977
Haribhai M. Patel 26 March 1977 24 January 1979 Morarji Desai
Charan Singh 24 January 1979 16 July 1979
Hemvati Nandan Bahuguna 28 July 1979 19 October 1979 Charan Singh
R. Venkataraman 14 January 1980 15 January 1982 Indira Gandhi
Pranab Mukherjee 15 January 1982 31 October 1984
31 October 1984 31 December 1984
V. P. Singh 31 December 1984 14 January 1985 Rajiv Gandhi
14 January 1985 30 March 1985
30 March 1985 25 September 1985
25 September 1985 24 January 1987
Rajiv Gandhi 24 January 1987 25 July 1987
N. D. Tiwari 25 July 1987 25 June 1988
Shankarrao B. Chavan 25 June 1988 2 December 1989
Madhu Dandavate 5 December 1989 10 November 1990 V. P. Singh
Yashwant Sinha 21 November 1990 21 June 1991 Chandra Shekhar
Manmohan Singh 21 June 1991 16 May 1996 P. V. Narasimha Rao
Jaswant Singh 16 May 1996 1 June 1996 Atal Bihari Vajpayee
P. Chidambaram 1 June 1996 21 April 1997 H. D. Deve Gowda
I.K. Gujral 21 April 1997 1 May 1997 I. K. Gujral
P. Chidambaram 1 May 1997 19 March 1998
Yashwant Sinha 19 March 1998 13 October 1999 Atal Bihari Vajpayee
13 October 1999 1 July 2002
Jaswant Singh 1 July 2002 22 May 2004
P. Chidambaram 23 May 2004 30 November 2008 Manmohan Singh
Manmohan Singh 30 November 2008 24 January 2009
Pranab Mukherjee 24 January 2009 22 May 2009
23 May 2009 26 June 2012
Manmohan Singh 26 June 2012 31 July 2012
P. Chidambaram 31 July 2012 26 May 2014
Arun Jaitley 26 May 2014 30 May 2019 Narendra Modi
Nirmala Sitharaman 31 May 2019 Incumbent Narendra Modi

Read about: Governor General of India

Finance Minister of India FAQs

Q) Who is Current Finance Minister of India?

Ans. Nirmala Sitharaman is the current Finance Minister of India.

Q) What is the name of Finance Minister of India 2022?

Ans. Nirmala Sitharaman is the name of Finance Minister of India 2022.

Q) Who is the finance minister of India Quiz?

Ans. Nirmala Sitharaman is an Indian politician and a member of the Bharatiya Janata Party (BJP). She currently serves as the current (2021) Finance Minister of India.

Q) How many Ministry in India 2022?

Ans. There are 58 Union ministries and 93 departments in India.

Q) Who is education minister of India?

Ans. Shri Dharmendra Pradhan is education minister of India

Q) Who is the current education minister of India?

Ans. The current education minister is Dharmendra Pradhan, a member of the Council of Ministers. India had the Ministry of Education since 1947.

Major Incidents in Indian History

  1. Quit India Movement
  2. Chauri Chaura Incident
  3. Jallianwala Bagh Massacre
  4. Green Revolution in India
  5. Non-Cooperation Movement

Famous Personalities Biography

Mangal Pandey
Maharana Pratap
Rabindranath Tagore
Bhagat Singh
Jyotiba Phule
Satyendra Nath Bose
Raja Ram Mohan Roy
Subhash Chandra Bose

 

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FAQs

Who is Current Finance Minister of India?

Nirmala Sitharaman is the current Finance Minister of India.

What is the name of Finance Minister of India 2022?

Nirmala Sitharaman is the name of Finance Minister of India 2022.

Who is the finance minister of India Quiz?

Nirmala Sitharaman is an Indian politician and a member of the Bharatiya Janata Party (BJP). She currently serves as the current (2021) Finance Minister of India.

How many Ministry in India 2022?

There are 58 Union ministries and 93 departments in India.

Who is education minister of India?

Shri Dharmendra Pradhan is education minister of India

Who is the current education minister of India?

The current education minister is Dharmendra Pradhan, a member of the Council of Ministers. India had the Ministry of Education since 1947.

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