Finance Minister’s List of India:- Every year, on 1 February, the Union Budget is presented by the Finance Minister of the Government of India. Union Finance Minister Nirmala Sitharaman will present the budget for the financial year 2025-26 on February 1. This time the general public has high expectations from the budget.
According to experts, this time, there may be many major announcements related to health, railways, and farmers in the budget. Apart from this, many big announcements can also be made regarding income tax. It is being said that the government can also make changes in the tax slab. Finance Minister Nirmala Sitharaman is going to present the budget once again. Let us tell you that in India, the Finance Minister is responsible for overseeing the Ministry of Finance within the Central Government.
He plays an important role in presenting the budget and preparing the outline of financial plans. Now a few days are left for the budget to be presented. In such a situation, through this article, we will tell you about all the Finance Ministers of India, who presented the country’s budget.
List of Finance Ministers of India:-
No. |
Name of Finance Minister |
Tenure
(Start) |
Tenure
(End) |
Prime
Minister |
Political Party |
1 |
Liaquat Ali. Khan |
October 29, 1946 |
14 August 1947 |
Jawaharlal Nehru |
All India Muslim League |
2 |
R K Shanmukham Chetty |
15 August 1947 |
17 August 1948 |
Jawaharlal Nehru |
Indian National Congress |
3 |
John Mathai |
September 22, 1948 |
26 January 1950 |
Jawaharlal Nehru |
Indian National Congress |
4 |
C D Deshmukh |
01 June 1950 |
13 May 1952 |
Jawaharlal Nehru |
Indian National Congress |
5 |
Jawaharlal Nehru |
01 August 1956 |
30 August 1956 |
Jawaharlal Nehru |
Indian National Congress |
6 |
T. T. Krishnamachari |
30 August 1956 |
17 April 1957 |
Jawaharlal Nehru |
Indian National Congress |
7. |
Jawaharlal Nehru |
14 February 1958 |
22 March 1958 |
Jawaharlal Nehru |
Indian National Congress |
8 |
Morarji Desai |
22 March 1958 |
10 April 1962 |
Jawaharlal Nehru |
Indian National Congress |
9. |
T. T. Krishnamachari |
31 August 1963 |
31 December 1965 |
Jawaharlal Nehru, Lal Bahadur Shastri |
Indian National Congress |
10 |
Sachindra Chaudhary |
01 January 1966 |
11 January 1966 |
Lal Bahadur Shastri, Indira Gandhi |
Indian National Congress |
11 |
Morarji Desai |
13 March 1967 |
16 July 1969 |
Indira Gandhi |
Indian National Congress |
12 |
Indira Gandhi |
16 July 1969 |
27 June 1970 |
Indira Gandhi |
Indian National Congress |
13 |
Yashwantrao Chavan |
27 June 1970 |
10 October 1974 |
Indira Gandhi |
Indian National Congress |
14 |
Chidambaram Subramaniam |
10 October 1974 |
24 March 1977 |
Indira Gandhi |
Indian National Congress |
15 |
Haribhai M. Patel |
26 March 1977 |
24 January 1979 |
Morarji Desai |
Janata Party |
16 |
Charan Singh |
24 January 1979 |
16 July 1979 |
Morarji Desai |
Janata Party |
17 |
Hemvati Nandan Bahuguna |
28 July 1979 |
19 October 1979 |
Charan Singh |
Janata Party (Secular) |
18 |
R. Venkataraman |
14 January 1980 |
15 January 1982 |
Indira Gandhi |
Indian National Congress |
19 |
Pranab Mukherjee |
15 January 1982 |
31 December 1984 |
Indira Gandhi, Rajiv Gandhi |
Indian National Congress |
20 |
V.P. Singh |
31 December 1984 |
24 January 1987 |
Rajiv Gandhi |
Indian National Congress |
21 |
Rajiv Gandhi |
24 January 1987 |
25 July 1987 |
Rajiv Gandhi |
Indian National Congress |
22 |
N. D. Tiwari |
25 July 1987 |
25 June 1988 |
Rajiv Gandhi |
Indian National Congress |
23 |
Shankarrao Bhavrao Chavan |
25 June 1988 |
02 December 1989 |
Rajiv Gandhi |
Indian National Congress |
24 |
Madhu Dandavate |
05 December 1989 |
10 November 1990 |
V. P. Singh |
Janata Dal (National Front) |
25 |
Yashwant Sinha |
21 November 1990 |
21 June 1991 |
Chandrashekhar |
Samajwadi Janata Party (National Front) |
26 |
Manmohan Singh |
21 June 1991 |
16 May 1996 |
P. V. Narasimha Rao |
Indian National Congress |
27 |
Jaswant Singh |
16 May 1996 |
01 June 1996 |
Atal Bihari Vajpayee |
Bharatiya Janata Party |
28 |
P. Chidambaram |
01 June 1996 |
21 April 1997 |
H. D. Deve Gowda |
Tamil Manila Congress (United Front) |
29 |
Inder Kumar Gujral |
21 April 1997 |
01 May 1997 |
Inder Kumar Gujral |
Janata Dal (United Front) |
30 |
P. Chidambaram |
01 May 1997 |
19 March 1998 |
Inder Kumar Gujral |
Tamil Manila Congress (United Front) |
31 |
Yashwant Sinha |
19 March 1998 |
13 October 1999 |
Atal Bihari Vajpayee |
Bharatiya Janata Party (National Democratic Alliance) |
32 |
Jaswant Singh |
01 July 2002 |
22 May 2004 |
Atal Bihari Vajpayee |
Bharatiya Janata Party (National Democratic Alliance) |
33 |
P. Chidambaram |
23 May 2004 |
30 November 2008 |
Manmohan Singh |
Indian National Congress |
34 |
Manmohan Singh |
30 November 2008 |
24 January 2009 |
Manmohan Singh |
Indian National Congress |
35 |
Pranab Mukherjee |
24 January 2009 |
26 June 2012 |
Manmohan Singh |
Indian National Congress |
36 |
Manmohan Singh |
26 June 2012 |
31 July 2012 |
Manmohan Singh |
Indian National Congress |
37 |
P. Chidambaram |
31 July 2012 |
26 May 2014 |
Manmohan Singh |
Indian National Congress |
38 |
Arun Jaitley |
26 May 2014 |
30 May 2019 |
Narendra Modi |
Bharatiya Janata Party |
39 |
Nirmala Sitharaman |
31 May 2019 |
Till Date |
Narendra Modi |
Bharatiya Janata Party |