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Finance Minister Of India

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Ministry of Finance

The Ministry of Finance is in charge of four key civil services: the Indian Revenue Service, the Indian Audit and Accounts Service, the Indian Economic Service, and the Indian Civil Accounts Service. It is also the supreme regulating authority for one of the key functionality services, the Indian Cost and Management Accounts Services.

The Ministry of Finance is involved with the Indian economy and serves as the Indian Treasuries. Specifically, it deals with taxes, fiscal law, banking institutions, equity markets, center and state budgets, and the Central Budget.

The Minister of Finance is the chief of the Ministry of Finance under the Government of India. The minister of finance, one of the Central Cabinet’s key positions, is in charge of the government’s budgetary policies. The Finance Minister’s primary responsibility is to propose the Central Budget in the Parliament, which details the government’s taxes and fiscal policies for the following financial year. The finance minister also specifies expenditures to all divisions and agencies in the Plan.

Minister of States under the Education Ministry of India

  • Shri Pankaj Chaudhary, Hon’ble Minister of State
  • Dr. Bhagwat Kishanrao Karad, Hon’ble Minister of State

Finance Minister of India

Presently Smt Nirmala Sitharaman is the Hon’ble Finance Minister of India and took over the charge from Shri Arun Jaitley in 2019. She is an economist and political leader who is serving as India’s Minister of Finance and Corporate Affairs. She has also been a member of the Rajya Sabha, since 2014. 

Sitharaman previously served as India’s Defence Minister and became the country’s second female defense minister as well as the country’s second female to head the ministry of finance since Indira Gandhi and the first full-time female minister of finance. She was the Minister of State for Finance and Corporate Affairs in the Ministry of Finance, as well as the Minister of Commerce and Industry with independent responsibility. She formerly worked as a national spokeswoman for BJP.

Finance Ministers of the States in India

Following are the Ministers of Finance in different states in India.

S.No. State Incharge
1 Andhra Pradesh Shri. Buggana Rajendranath Reddy
2 Arunachal Pradesh Shri. Chowna Mein
3 Assam Smt. Ajanta Neog
4 Bihar Shri. Tarkishore Prasad
5 Chhattisgarh Shri Bhupesh Baghel
6 Goa Dr. Pramod Sawant
7 Gujarat Shri. Kanubhai Mohanlal Desai 
8 Haryana Shri. Manohar Lal
9 Himachal Pradesh Shri. Jai Ram Thakur 
10 Jharkhand Dr Rameshwar Oraon
11 Karnataka Shri. Basavaraj Bommai
12 Kerala Shri. K N Balagopal
13 Madhya Pradesh Shri. Jagdish Devda
14 Maharashtra Shri. Ajit Pawar
15 Manipur Shri. Y. Joykumar Singh
16 Meghalaya Shri. Conrad Kongkal Sangma
17 Mizoram Pu Zoramthanga
18 Nagaland Shri. Neiphiu Rio
19 Odisha Shri. Niranjan Pujari
20 Punjab Shri. Harpal Singh Cheema
21 Rajasthan Shri. Ashok Gehlot 
22 Sikkim Shri. Prem Singh Tamang
23 Tamil Nadu Shri. Palanivel Thiagarajan
24 Telangana Shri. T Harish Rao
25 Tripura Shri. Jishnu Deb Burman
26 Uttar Pradesh Shri. Suresh Khanna
27 Uttarakhand Shri. Premchand Aggarwal
28 West Bengal Su. Mamata Banerjee

 

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