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The Minister of Finance (or simply, the Finance Minister, short-form FM) is the head of the Ministry of Finance of the Government of India. One of the senior-most offices in the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. As part of this, a key duty of the Finance Minister is to present the annual Union Budget in Parliament, which details the government’s plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines the allocations to different ministries and departments. Occasionally, she/he is assisted by the Minister of State for Finance and the lower-ranked Deputy Minister of Finance.
Finance Ministers List in India From 1946 to 2023
There have been a number of Finance Ministers who went on to become Prime ministers Morarji Desai, Charan Singh, Vishwanath Pratap Singh, and Manmohan Singh, and also served as the presidents like R.Venkataraman and Pranab Mukherjee. Several other Prime Ministers have since held the additional charge of the finance ministry. In the below article, we will provide you the list of Finance Ministers in India. In which you can get information about the Finance Minister from 1946 to 2022.
List of Finance Ministers in India
The information about the list of finance ministers in India since independence is as follows-
| Finance Minister (Shri / Smt) | Term of office | |
| Smt Nirmala Sitharaman | 31-May-2019 | Incumbent |
| Shri Arun Jaitley | 26-May-2014 | 30-May-2019 |
| P. Chidambaram | 31-Jul-2012 | 26-May-2014 |
| Dr. Manmohan Singh | 26-Jun-2012 | 31-Jul-2012 |
| Pranab Mukherjee | 24-Jan-2009 | 26-Jun-2012 |
| Dr. Manmohan Singh | 30-Nov-2008 | 24-Jan-2009 |
| P. Chidambaram | 23-May-2004 | 30-Nov-2008 |
| Jaswant Singh | 1-Jul-2002 | 22-May-2004 |
| Yaswant Sinha | 19-Mar-1998 | 1-Jul-2002 |
| P. Chidambaram | 1-May-1997 | 19-Mar-1998 |
| I.K. Gujral | 21-Apr-1997 | 1-May-1997 |
| P. Chidambaram | 1-Jun-1996 | 21-Apr-1997 |
| Jaswant Singh | 16-May-1996 | 1-Jun-1996 |
| Dr. Manmohan Singh | 21-Jun-1991 | 16-May-1996 |
| Yashwant Sinha | 21-Nov-1990 | 21-Jun-1991 |
| Madhu Dandavate | 5-Dec-1989 | 10-Nov-1990 |
| Shankarrao B. Chavan | 25-Jun-1988 | 2-Dec-1989 |
| N.D. Tiwari | 25-Jul-1987 | 25-Jun-1988 |
| Rajiv Gandhi, (P.M.) | 24-Jan-1987 | 25-Jul-1987 |
| Vishwanath Pratap Singh | 31-Dec-1984 | 24-Jan-1987 |
| Pranab Mukherjee | 15-Jan-1982 | 31-Dec-1984 |
| R. Venkataraman | 14-Jan-1980 | 15-Jan-1982 |
| Hemvati Nandan Bahuguna | 28-Jul-1979 | 19-Oct-1979 |
| Charan Singh, Dy. (P.M.) | 24-Jan-1979 | 16-Jul-1979 |
| Haribhai M. Patel | 26-Mar-1977 | 24-Jan-1979 |
| Chidambaram Subramaniam | 10-Oct-1974 | 24-Mar-1977 |
| Yashwantrao B. Chavan | 27-Jun-1970 | 10-Oct-1974 |
| Smt. Indira Gandhi, (P.M.) | 16-Jul-1969 | 27-Jun-1970 |
| Morarji R. Desai, Dy. (P.M.) | 13-Mar-1967 | 16-Jul-1969 |
| Sachin Choudhury | 1-Jan-1966 | 13-Mar-1967 |
| T.T. Krishnamachari | 31-Aug-1963 | 31-Dec-1965 |
| Morarji R. Desai | 22-Mar-1958 | 31-Aug-1963 |
| Jawahar Lal Nehru, (P.M.) | 14-Feb-1958 | 22-Mar-1958 |
| T.T. Krishnamachari | 30-Aug-1956 | 14-Feb-1958 |
| Jawahar Lal Nehru (P.M.) | 1-Aug-1956 | 30-Aug-1956 |
| Dr. C.D. Deshmukh | 1-Jun-1950 | 1-Aug-1956 |
| Dr. John Mathai | 22-Sep-1948 | 1-Jun-1950 |
| R.K. Shanmukham Chetty | 15-Aug-1947 | 17-Aug-1948 |
| Liaquat Ali Khan | 29-Oct-1946 | 14-Aug-1947 |
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