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IN PHOTOS | Budget 2025: Take a look at India’s longest-serving Finance Ministers

Updated On: 30 January, 2025 05:40 PM IST | Jyoti Shukla

As officials and staff of the Finance Ministry gear up to present Union Budget 2025 on Saturday, February 1, here are India's longest-serving Finance Ministers, including those who never got an opportunity to present the Budget (Pics/ Midday file, X)

01
(Pics/ Midday file, X)
(Pics/ Midday file, X)
02
P Chidambaram
8 years (1996-1998, 2004-2008, 2012-2014)The ‘dream budget’ in 1997 was hailed for lowering personal income tax rates

P Chidambaram

8 years (1996-1998, 2004-2008, 2012-2014)
The ‘dream budget’ in 1997 was hailed for lowering personal income tax rates

03
Morarji Desai
7 years (1959-1964, 1967-1969)Also holds the record for the most budgets presented by an individual, which is 10 in total, including two interim budgets

Morarji Desai

7 years (1959-1964, 1967-1969)
Also holds the record for the most budgets presented by an individual, which is 10 in total, including two interim budgets

04
Nirmala Sitharaman
6 years (2019-Present)Replaced the traditional budget briefcase in 2019 with a 'bahi-khata (ledger)' wrapped in red cloth, signalling a shift towards Indian values

Nirmala Sitharaman

6 years (2019-Present)
Replaced the traditional budget briefcase in 2019 with a 'bahi-khata (ledger)' wrapped in red cloth, signalling a shift towards Indian values

05
C D Deshmukh
6 years (1951-1957)Along with managing inflation and food scarcity, Deshmukh also headed the Indianisation of RBI. (Pic/ X @IndiaHistorypic)

C D Deshmukh

6 years (1951-1957)
Along with managing inflation and food scarcity, Deshmukh also headed the Indianisation of RBI. (Pic/ X @IndiaHistorypic)

06
Pranab Mukherjee
5 years (1982-1984, 2009-2012)Introduced stimulus packages to manage global financial crisis in 2008; laid foundation for implementation of GST 

Pranab Mukherjee

5 years (1982-1984, 2009-2012)
Introduced stimulus packages to manage global financial crisis in 2008; laid foundation for implementation of GST 

07
Yashwant Sinha
5 years (1990-1991, 1998-2002)Kept infrastructure development as well as social welfare on focus; credited for initiating tax reforms and laying the foundation for GST framework

Yashwant Sinha

5 years (1990-1991, 1998-2002)
Kept infrastructure development as well as social welfare on focus; credited for initiating tax reforms and laying the foundation for GST framework

08
Manmohan Singh
5 years (1991-1996)Architect of Indian economic reforms, mainly the LPG (Liberalisation, Privatisation and Globalisation); abolished the infamous License Raj. (Pic/ X @RaghavNC)

Manmohan Singh

5 years (1991-1996)
Architect of Indian economic reforms, mainly the LPG (Liberalisation, Privatisation and Globalisation); abolished the infamous License Raj. (Pic/ X @RaghavNC)

09
Special mentions
KC Neogy (In pic)Neogy took charge as the second Finance Minister of India in 1948 and held office for just 35 days. He resigned before the Union Budget was presented. (Pic/X @The_Karyakarta)

Special mentions

KC Neogy (In pic)
Neogy took charge as the second Finance Minister of India in 1948 and held office for just 35 days. He resigned before the Union Budget was presented. (Pic/X @The_Karyakarta)

10
HN BahugunaBahuguna served as finance minister for five-and-a-half months and hence never received the opportunity to present the Budget. (Pic/ Indian Postage stamp)
Also read: Union Budget 2025: Here's are 21 unique facts about India's budget over the decades

HN Bahuguna
Bahuguna served as finance minister for five-and-a-half months and hence never received the opportunity to present the Budget. (Pic/ Indian Postage stamp)

Also read: Union Budget 2025: Here's are 21 unique facts about India's budget over the decades

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