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India’s Finance ministers have played a significant role in shaping the economy since its independence in 1947.
Check list of all Finance Minister of India.
Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on 1 February. The Union Budget is an annual financial report outlining the central government’s projected expenditure and revenue for the forthcoming fiscal year, spanning from 1 April 2025 to 31 March 2026.
Since India’s independence in 1947, its Finance Ministers have played a pivotal role in shaping the nation’s economy. They are responsible for drafting the budget, implementing financial regulations, and ensuring economic stability and growth.
Over the decades, successive Finance Ministers have introduced policies and reforms to address the evolving needs of the country. Their efforts, from the early days of economic planning to the modern era of digital initiatives, have been instrumental in driving India’s economic progress and social development.
List Of Union Finance Ministers Of India
Below is the complete list of finance ministers from the year 1947 to 2025:
– R.K. Shanmukham Chetty: August 15, 1947 to August 17, 1948.
– Dr. John Matthai: September 22, 1948, to January 26, 1950; January 26, 1950, to May 6, 1950; and May 6, 1950 to June 1, 1950.
– Dr. CD Deshmukh: June 1, 1950, to May 13, 1952, and May 13, 1952, to August 1, 1956.
– TT Krishnamachari: June 1, 1950, to May 13, 1952; May 13, 1952, to August 1, 1956, and August 31, 1963 to December 31, 1965.
– Jawaharlal Nehru: August 1, 1956, to August 30, 1956, and February 14, 1958, to March 22, 1958.
– Morarji R. Desai: March 22, 1958, to April 10, 1962; April 10, 1962, to August 31, 1963, and March 13, 1967, to July 16, 1969.
– T.T. Krishnamachari: August 31, 1964 to December 31, 1965.
– Sachin Choudhury: January 1, 1966, to January 11, 1966; January 11, 1966, to January 24, 1966, and January 24, 1966, to March 13, 1967.
– Morarji Desai: March 13, 1967 to July 16, 1969.
– Indira Gandhi: July 16, 1969 to June 27, 1970.
– Yashwantrao B. Chavan: June 27, 1970, to March 18, 1971, and March 18, 1971, to October 10, 1974.
– Chidambaram Subramaniam: October 10, 1974 to March 24, 1977.
– Haribhai M. Patel: March 26, 1977 to January 24, 1979.
– Charan Singh: January 24, 1979 to July 16, 1979.
– Hemvati Nandan Bahuguna: July 28, 1979 to October 19, 1979.
– R Venkataraman: January 14, 1980 to January 15, 1982.
– Pranab Mukherjee: January 15, 1982, to October 31, 1984, and October 31, 1984 to December 31, 1984.
– VP Singh: December 31, 1984, to January 14, 1985; January 14, 1985, to March 30, 1985; March 30, 1985 to September 25, 1985 and September 25, 1985 to January 24, 1987.
– Rajiv Gandhi: January 24, 1987 to July 25, 1987.
– ND Tiwari: July 25, 1987 to June 25, 1988.
– Shankarrao B Chavan: June 25, 1988 to December 2, 1989.
– Madhu Dandavate: December 5, 1989 to November 10, 1990.
– Yashwant Sinha: November 21, 1990, to June 21, 1991; March 19, 1998, to October 13, 1999, and October 13, 1999 to July 1, 2002.
– Manmohan Singh: June 21, 1991, to May 16, 1996; November 30, 2008, to January 24, 2009 and June 26, 2012 to July 31, 2012.
– Jaswant Singh: May 16, 1996 to June 1, 1996.
– P Chidambaram: June 1, 1996, to April 21, 1997; May 1, 1997, to March 19, 1998; May 23, 2004 to November 30, 2008 and July 31, 2012 to May 26, 2014.
– Yashwant Sinha: 1998 to 2002.
– Jaswant Singh: July 1, 2002 to May 22, 2004.
– P. Chidambaram: 2004 to 2008.
– Pranab Mukherjee: January 24, 2009 to May 22, 2009 and May 23, 2009 – June 26, 2012.
– P. Chidambaram: July 31, 2012 to May 26, 2014.
– Arun Jaitley: May 26, 2014 to May 30, 2019.
– Nirmala Sitharaman: May 31, 2019 – Present.
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