India has seen several leaders contribute to the nation’s growth, with the role of Finance Minister being one of the most crucial. The Finance Minister of India handles the country’s financial planning, budgeting, and economic growth. Some of the longest-serving Finance Ministers have made significant impacts during their tenure. In this article, we will look at the longest-serving Finance Ministers of India till 2025.
Who is the Finance Minister of India?
The Finance Minister of India plays an important role in managing the country’s economy. This person is in charge of preparing the national budget, managing government spending, and creating policies that affect everything from taxes to public services.
Responsibilities of the Finance Minister
The Finance Minister has several key duties:
- Preparing the Union Budget: The Finance Minister is responsible for presenting the annual budget to the parliament. The budget outlines the government’s spending and tax plans for the coming year.
- Managing Government Finances: The Finance Minister ensures that the country’s finances are stable and works to reduce the national deficit.
- Taxation Policies: The Finance Minister decides on new taxes and changes to existing taxes that help raise money for the government.
- Economies Policies: The Finance Minister also works on policies that help India’s economy grow, such as promoting investment and controlling inflation.
Longest Serving Finance Ministers of India Till 2025
India has had several long-serving Finance Ministers, each playing a key role in shaping the country’s economic policies. Their contributions, spanning decades, have helped drive reforms, manage financial crisis, and promote growth in various sectors.
Here is the list of longest serving Finance Ministers of India till 2025:
S. No. | Finance Minister | Tenure | Party | Key Contributions |
1. | P. Chidambaram | 8 years | Indian National Congress |
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2. | Morarji Desai | 7 years | Indian National Congress |
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3. | Nirmala Sitharaman | 6 years | Bharatiya Janata Party |
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4. | C.D. Deshmukh | 6 years | Indian National Congress |
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5. | Pranab Mukherjee | 5 years | Indian National Congress |
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6. | Yashwant Sinha | 5 years | Bharatiya Janata Party |
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7. | Manmohan Singh | 5 years | Indian National Congress |
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