Finance Ministers of India since Independence

List of persons who have held the Finance portfolio since India's Independence and their initiatives that shaped up the economy.

June 29, 2014 01:12 pm | Updated January 31, 2024 01:04 pm IST

R. K. Shanmukham Chetty - August 15, 1947 to 1949 

John Mathai - 1949 to 1950 

C. D. Deshmukh - 1950 to 1957 

T. T. Krishnamachari - 1957 to February 13, 1958 

Jawaharlal Nehru - February 13, 1958 to March 13, 1958 

Morarji Desai - March 13, 1958 to August 29, 1963 

T. T. Krishnamachari - August 29, 1963 to 1965 

Sachindra Chaudshuri - 1965 to March 13, 1967 

Morarji Desai - March 13, 1967 to July 16, 1969 

Indira Gandhi - 1970 to 1971. 

Y.B.Chavan - 1971 to 1975 

C. Subramaniam - 1975 to 1977 

H.M.Patel - March 24, 1977 to January 24, 1979 

Charan Singh - January 24, 1979 to July 28, 1979 

H.N.Bahuguna - July 28, 1979 to January 14, 1980 

R. Venkataraman - January 14, 1980 to January 15, 1982 

Pranab Mukherjee - January 15, 1982 to December 31, 1984 

V.P. Singh - December 31, 1984 to January 24, 1987 

Rajiv Gandhi - January 24, 1987 to July 25, 1987. 

N.D. Tiwari - July 25, 1987 to June 25, 1988. 

S.B.Chavan - June 25, 1988 to December 2, 1989. 

Madhu Dandavate - December 2, 1989 to November 10, 1990 

Yashwant Sinha - November 10, 1990 to June 21, 1991. 

Dr.Manmohan Singh - June 21, 1991 to May 16, 1996. 

Jaswant Singh - May 16, 1996 to June 1, 1996. 

P. Chidambaram - June 1, 1996 to April 21, 1997. 

I. K. Gujral - April 21, 1997 to May 1, 1997. 

P. Chidambaram - May 1, 1997 to March 19, 1998. 

Yashwant Sinha - March 19, 1998 to July 1, 2002. 

Jaswant Singh - July 1, 2002 to May 22, 2004. 

P. Chidambaram - May 22, 2004 to November 30, 2008. 

Dr.Manmohan Singh - November 30, 2008 to January 24, 2009. 

Pranab Mukherjee - January 24, 2009 to June 26, 2012. 

Dr.Manmohan Singh - June 26, 2012 to July 31, 2012. 

P. Chidambaram - July 31, 2012 to May 16, 2014 

Arun Jaitley - May 16, 2014 to May 14, 2018 

Piyush Goyal - May 14, 2018 to August 22, 2018 

Arun Jaitley - August 23, 2018 to January 23, 2019 

Piyush Goyal - January 23, 2019 to February 15, 2019 

Arun Jaitley - February 16, 2019 to May 30, 2019 

Nirmala Sitharaman - May 31, 2019 till present 

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