India¡¯s Finance Minister Nirmala Sitharaman is set to present the Interim Budget 2024 this week on February 1st. Sitharaman had scripted history in 2019 by becoming India¡¯s first full time female Finance Minister.
As FM Sitharaman gets set to present the union budget for India for the sixth time, let us look back at the list of?India¡¯s Finance Ministers since independence who have presented union budgets during their tenure.
Name of Finance Minister? ? ? ? Tenure
R. K. Shanmukham Chetty | 15 August 1947- 17 August 1948 |
John Mathai | 22 September 1948- 1 June 1950 |
C. D. Deshmukh | 1 June 1950- 1 August 1956 |
T. T. Krishnamachari | 30 August 1956- 14 February 1958 |
Jawaharlal Nehru | 14 February 1958- 22 March 1958 |
Morarji Desai | 22 March 1958-31 August 1963 |
T. T. Krishnamachari | 31 August 1963- 31 December 1965 |
Sachindra Chaudhuri | 1 January 1966- 13 March 1967 |
Morarji Desai | 13 March 1967- 16 July 1969 |
Indira Gandhi | 16 July 1969- 27 June 1970 |
Yashwantrao B. Chavan | 27 June 1970- 10 October 1974 |
Chidambaram Subramaniam | 10 October 1974- 24 March 1977 |
Haribhai M. Patel | 26 March 1977- 24 January 1979 |
Charan Singh | 24 January 1979-16 July 1979 |
R. Venkataraman | 14 January 1980- 15 January 1982 |
Pranab Mukherjee | 15 January 1982- 24 January 1987 |
V. P. Singh | 31 December 1984- 24 January 1987 |
Rajiv Gandhi | 24 January 1987- 25 July 1987 |
N. D. Tiwari | 25 July 1987- 25 June 1988 |
Shankarrao B. Chavan | 25 June 1988- 2 December 1989 |
Madhu Dandavate | 5 December 1989- 10 November 1990 |
Yashwant Sinha | 21 November 1990- 21 June 1991 |
Manmohan Singh | 21 June 1991- 16 May 1996 |
Jaswant Singh | 16 May 1996- 1 June 1996 |
P. Chidambaram | 1 June 1996- 21 April 1997 |
I.K. Gujral | 21 April 1997- 1 May 1997 |
P. Chidambaram | 1 May 1997- 19 March 1998 |
Yashwant Sinha | 19 March 1998- 1 July 2002 |
Jaswant Singh | 1 July 2002- 22 May 2004 |
P. Chidambaram | 23 May 2004- 30 November 2008 |
Manmohan Singh | 30 November 2008- 24 January 2009 |
Pranab Mukherjee | 24 January 2009- 26 June 2012 |
Manmohan Singh | 26 June 2012- 31 July 2012 |
P. Chidambaram | 31 July 2012- 26 May 2014 |
Arun Jaitley | 26 May 2014- 30 May 2019 |
Nirmala Sitharaman | 31 May 2019-Till present |
KC Neogy and HN Bahuguna have been the only two Finance Ministers who never got to present the Union Budget for India. After India's first FM Chetty resigned, KC Neogy served as India's second FM in 1948, but only for 35 days, before John Mathai took over, which is Neogy he did not get the opportunity to present the union budget.?
On the other hand, Hemwati Nandan Bahuguna too served as India's FM for a very short period. He was India's 13th FM from 28 July 1979 to 25 October 1979, which is why he did not get the chance to present the budget.
FM Sitharaman will present the Interim Union Budget on February 1st, at 11 am in the Parliament. Post the results of Lok Sabha elections around May this year, the newly formed government will present the full union budget in July 2024.
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