List of Finance Ministers of India From 1947 Till Date

List of Finance Ministers of India From 1947 Till Date

Finance Ministers of India

Finance Minister of India is a very important role. They have the key duty to present the annual budget for the nation.

The following is a List of Finance Ministers of Independent India From the Year 1947 Till Date:
 
Mr.R. K. Shanmukham Chetty, from the Indian National Congress, was the First Finance Minister of Independent India, from 15th  August 1947 to 1949, when Jawaharlal Nehru was the Prime Minister of India.

 

R. K. Shanmukham Chetty

Mr.John Mathai, from the Indian National Congress, was the 2nd Finance Minister of India, from 1949 to 1950 when Jawaharlal Nehru was the Prime Minister of India.

John Mathai

Mr.C. D. Deshmukh, from Indian National Congress, was the 3rd Finance Minister of India, from 1950 to  1957, when Jawaharlal Nehru was the Prime Minister of India

C.D.Deshmukh

Mr.T. T. Krishnamachari from Indian National Congress was the 4th Finance Minister of India from 1957 to 13th  February 1958, when Jawaharlal Nehru was the Prime Minister of India.

T.T.Krishnamachari

Pandit Jawaharlal Nehru, from the Indian National  Congress, as the Prime Minister of India, held the Finance Portfolio, from 13 February 1958  to 13th March 1958

Pandit Jawaharlal Nehru

Mr.Morarji Desai,  from Indian National Congress, was the 5th Finance Minister of India,  from 13th  March 1958 to 29th  August 1963, when Jawaharlal Nehru was the Prime Minister of India.

Morarji Desai

Mr.T. T. Krishnamachari, from the Indian National Congress, was the Finance Minister From 29th  August 1963-To 1965, when  Jawaharlal Nehru and Lal Bahadur Shastri were the Prime Ministers of India.T. T. Krishnamachari was earlier, the 3rd Finance Minister of India  From 1950-To1957, when Jawaharlal Nehru was the Prime Minister of India.

T.T.Krishnamachari

Mr.Sachindra Chaudshuri, from the Indian National Congress, was the 6th Finance Minister of India, from 1965 to 13th  March 1967, when  Lal Bahadur Shastri and Indira Gandhi were the Prime Ministers of India.

Sachindra Chaudshuri

Mr.Morarji Desai was the Finance Minister of India, from 13th  March 1967  to 16 July 1969, when  Indira Gandhi was the Prime Minister of India. Morarji Desai was earlier, the 5th Finance Minister of India,  From 13th  March 1958 To 29th  August 1963, when Jawaharlal Nehru was the Prime Minister of India

Morarji Desai
 

Mrs.Indira Gandhi, from Indian National Congress, as the Prime Minister of India, held the Finance Portfolio From 1970 To 1971.

Indira Gandhi

Mr.Yashwantrao Balwantrao Chavan / Y.B.Chavan, from the Indian National Congress, was the 7th Finance Minister of India, from 1971 to1975, when Indira Gandhi was the Prime Minister of India.

Y.B.Chavan

Mr.Chidambaram Subramaniam /C.S., from Indian National Congress, was the 8th Finance Minister of India, from 1975 to 1977 when Indira Gandhi was the Prime Minister of India.

C.Subramaniam

Mr.Haribhai M. Patel/ H.M.Patel, from the Janata Party, was the 9th Finance Minister of India,  from 24th March 1977 to 24th  January 1979, when Morarji Desai was the Prime Minister of India.

H.M.Patel

Mr.Charan Singh, from the Janata Party, was the 10th Finance Minister of India, from 24th  January 1979 to 28th  July 1979,  when  Morarji Desai was the Prime Minister of India.

Charan Singh

Mr.Hemvati Nandan Bahuguna / H.N.Bahuguna, from the Janata Party (Secular), was the 11th Finance Minister of India,  from 28th July 1979 to 14th  January 1980, when Charan Singh was the Prime Minister of India.

H.N.Bahuguna

Mr.R. Venkataraman/R.V., from Indian National  Congress, was the 12th Finance Minister of India, from 14th  January 1980 to 15th  January 1982, when Indira Gandhi was the Prime Minister of India.

R. Venkataraman

Mr.Pranab Mukherjee,  from the Indian National Congress, was the 13th Finance Minister of India from 15th  January 1982 to 31st December 1984, when Indira Gandhi was the Prime Minister of India.

Mr.Pranab Mukherjee is the current President of India.

Pranab Mukherjee

Mr.Vishwanth Prataph Singh/V. P. Singh,  from the Indian National Congress, was the 14th Finance Minister of India, from 31st  December 1984 to 24th  January 1987, when Rajiv Gandhi was the Prime Minister of India.

V. P. Singh

Mr.Rajiv Gandhi,  from the Indian National Congress, as the Prime Minister of India, held the Finance Portfolio from 24th  January  1987 to 25th  July 1987.

Rajiv Gandhi

Mr.Narayan Dutt Tiwari/N. D. Tiwari, from the Indian National Congress, was the 15th Finance Minister of India,  from 25th  July 1987 to 25th June 1988, when Rajiv Gandhi was the Prime Minister of India.

N. D. Tiwari

Mr.Shankarrao Bhavrao Chavan/ S.B.Chavan was the 16th Finance Minister of India, from 25th  June 1988 to 2nd  December 1989, when Rajiv Gandhi was the Prime Minister of India..

 S.B.Chavan

Mr.Madhu Dandavate,  from the Janata Dal /National Front, was the 17th Finance Minister of India, from 2nd  December 1989 to 10th  November 1990, when V. P. Singh was the Prime Minister of India.

Madhu Dandavate

Mr.Yashwant Sinha,  from the Samajwadi Janata Party/National Front, was the 18th Finance Minister of India, from 10th  November 1990 to 21st  June 1991, when Chandra Shekhar was the Prime Minister of India.

Yashwant Sinha

Dr.Manmohan Singh, from the Indian National  Congress, was the 19th Finance Minister of India,  from 21st June 1991 to 16th  May 1996, when P. V. Narasimha Rao was the Prime Minister of India.

Dr.Manmohan Singh

Mr.Jaswant Singh, from the Bharatiya Janata Party, was the 20th Finance Minister of India, from 16th  May 1996 to 1st June 1996, when Atal Bihari Vajpayee was the Prime Minister of India.

Jaswant Singh

Mr.P. Chidambaram,  from the Tamil Maanila Congress/United Front was the 21st Finance Minister of India from 1st June 1996 to 21st April 1997, when H. D.  Deve Gowda, was the Prime Minister of India.

P. Chidambaram

Dr.Inder Kumar Gujral/I. K. Gujral, from the Janata Dal/United Front, as the Prime Minister of India,  held the Finance Portfolio, from 21st  April 1997 to 1st  May 1997.

I. K. Gujral

Mr.P. Chidambaram,  from the Tamil Maanila Congress/United Front, was the Finance Minister of India, from 1st  May 1997 to 19th  March 1998, for the second time, when I. K. Gujral was the Prime Minister of India.

Mr.P.Chidambaram was, earlier, the 21st Finance Minister of India from 1st June 1996 to 21st April 1997, when H. D.  Deve Gowda, was the Prime Minister of India.

P. Chidambaram

Mr.Yashwant Sinha, from the Bharatiya Janata Party, was the  Finance Minister of India, for the second time, from 19th  March 1998 to 1st  July 2002, when Atal Bihari Vajpayee was the Prime Minister of India.
Mr.Yashwant Sinha was earlier, the 18th Finance Minister of India, from 10th  November 1990 to 21st  June 1991, when Chandra Shekhar was the Prime Minister of India.

Yashwant Sinha

Mr.Jaswant Singh, from the Bharatiya Janata Party, was the Finance Minister, for the second time, from 1st  July 2002 to 22nd  May 2004, when Atal Bihari Vajpayee was the Prime Minister of India.

Mr.Jaswant Singh was earlier, the 20th Finance Minister of India, from 16th  May 1996 to 1st June 1996, when Atal Bihari Vajpayee was the Prime Minister of India.

Jaswant Singh

Mr.P. Chidambaram, from the Indian National Congress/ United Progressive Alliance, was the Finance Minister of India, for the third time from 22nd  May 2004 to 30th  November 2008, when Manmohan Singh was the Prime Minister of India.

Mr.P.Chidambaram was, earlier, the 21st Finance Minister of India from 1st June 1996 to 21st April 1997, when H. D.  Deve Gowda, was the Prime Minister of India, for the first time

And Mr.P.Chidambaram was earlier the Finance Minister of India,. from 1st  May 1997 to 19th  March 1998, for the second time, when Dr.I. K. Gujral was the Prime Minister of India.

P. Chidambaram

Dr.Manmohan Singh, from the Indian National Congres/ United Progressive Alliance, as the Prime Minister of India, for the second time, held the Finance Portfolio from 30th  November 2008 to  24th  January 2009.

Dr.Manmohan Singh, earlier, was the 19th Finance Minister of India,  from 21st June 1991 to 16th  May 1996, when P. V. Narasimha Rao was the Prime Minister of India.

Dr.Manmohan Singh

Mr.Pranab Mukherjee, from the Indian National Congress/United Progressive Alliance, was the Finance Minister of India, for the second time, from 24th  January 2009 to 26th  June 2012, when Manmohan Singh was the Prime Minister of India.

Mr.Pranab Mukherjee, earlier, for the first time, was the 13th Finance Minister of India from 15th  January 1982 to 31st December 1984, when Indira Gandhi was the Prime Minister of India.

Mr.Pranab Mukherjee is the current President of India.

Pranab Mukherjee

Dr.Manmohan Singh, from the Indian National Congress/United Progressive Alliance, as the current  Prime Minister of India, held the Finance Portfolio from 26th  June 2012 to 31st July 2012.

Dr.Manmohan Singh

Mr.P. Chidambaram, from the Indian National Congress/United Progressive Alliance, was the Finance Minister of India”, from 31st  July 2012 to 26th May 2014, for the fourth time.

P. Chidambaram

Mr.Arun Jaitley of Bharatiya Janata Party/BJP of the National Democratic Alliance/NDA was the Finance Minister of India from 26th May 2014 to 30th May 2019.

Piyush Goyal was a finance minister for a short term on the absence of Arun Jaitley due to medical treatment.

Current Finance Minister of India

Current Finance Minister of India

Nirmala Sitharaman was appointed as finance minister of India from May 30, 2019, in Modi’s cabinet. She would be the first full-time women finance minister of India.

Nirmala Sitharaman held defensive ministry previously.

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endy smith
endy smith
8 years ago

Thank you for publishing this information on your site. I have found a lot of new for me and it was very interesting to see all finance ministers of India, because I did not hear about them.

Krishna newar
Krishna newar
8 years ago

Thank you helping public with the help of net

nidhi aggarwal
nidhi aggarwal
7 years ago

Tell me the financial minister of 2017

James
James
7 years ago

Great list here. Just shared with me students. Any chance you have an updated list now that it’s 2017?

sonali
sonali
7 years ago

Thanks for the information.we need to know about history of our finance ministers.

sonu
sonu
7 years ago

Nice pack of knowledge

Hrudaya ranjan mohapatra
Hrudaya ranjan mohapatra
6 years ago
Reply to  sonu

I want to know about the office holders of India

Viks
Viks
6 years ago

Arun jetly is finance minister of 2017 year.
Any confusion tell me….devsinh.1990@gmail.com

Vanita Mahadeo Aldar
Vanita Mahadeo Aldar
6 years ago

Nice and thank you

Ram Kumar Murti
Ram Kumar Murti
6 years ago

Can you also add the educational qualification against each Finance Minister please?