Minister of Finance (Vishwamitra)

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Minister of Finance
वित्त मंत्री
Ministry of Finance
StyleThe Most Honourable
Member of
Reports toRashtradhyaksh
Prime Minister
NominatorPrime Minister
AppointerRashtradhyaksh
on the recommendation of the Prime Minister
Term lengthAt His Majesty's pleasure
Formation15 April 2007; 16 years ago
First holderTanishkaa Patranabish
DeputyMinister of State for Finance

The Minister of Finance (Hindi: वित्त मंत्री), commonly shortened to Finance Minister is the minister in the Cabinet of Vishwamitra who is responsible for overseeing the nation's economy, financial infrastructure, management. The minister is the head of the Ministry of Finance. The first Minister of Finance was Tanishkaa Patranabish who was appointed on 15 April 2007 following the establishment of the ministry and is till date the longest-serving minister. The current Minister of Finance is Deputy Prime Minister Princess Sarala Baishya who was appointed on 13 October 2023.

The Minister of Finance is often assisted by a junior minister, titled as the Minister of State for Finance who acts as the deputy to the Finance Minister and the second highest office holder in the Ministry of Finance.

History of office

The Minister of Finance has been the head of the Ministry of Finance since its formation on 15 April 2007 and is one of the longest-continuing ministerial positions in the cabinet. The first minister was Tanishkaa Patranabish who is till date the longest serving finance minister. Often prime ministers like Sarala Baishya, Varuna Sriraya, Tanishkaa Patranabish and Anoushkaa Patranabish served as ministers of finance.

Role and duties

The minister is usually one of the most senior members of Cabinet and a member on the Cabinet Committee on Security (CCS). The minister is seen as one of the people most responsible for formulating Vishwamitra's nation's economy, financial infrastructure, management, as they along with other relevant ministers advise the Prime Minister in developing the national economy and formulating laws and policies to develop the economy and economic infrastructure, and also acts as the government's main spokesperson on financial subjects. The minister is also the principal advisor to the Rashtradhyaksh on matters on finance. Prior to 2020, the ministers of finance also tabled the National Finance Budget and Cultural Budget, later transformed to the National Statements on the floor of the house.

The minister along with their deputy, the minister of state for finance, preside over the following departments and agencies which fall under the jurisdiction of the ministry:

  • Department of the National Budget
  • Department of Economic Development
  • Department of Financial Planning

List of ministers

Seventeen individuals have served as the Minister of Finance since the establishment of the ministry on 15 April 2007. Out of those seventeen individuals, four served as a minister as an additional ministry during their tenure as the Prime Minister. The first occupant of the office was Tanishkaa Patranabish who also holds the record of being the longest-serving minister of finance with a tenure of more than 7 years. She also holds the record of being appointed as the finance minister for the most number of terms. The tenure of the shortest minister is that of Liam Alexander who held the portfolio for less than a day (eight hours approximately).

The current minister is Deputy Prime Minister Princess Sarala Baishya who has been in office since 13 October 2023.

No. Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry Prime Minister
From To Period
Minister of Finance
1 File:Tanishkaa Patranabish (2010-2018).jpg Tanishkaa Patranabish
(born 2004)
Representative (2007–2010)
MP for Beltola (2010–2012)
15 April
2007
31 December
2009
5 years, 37 days Independent Arnisha Arnisha Phatowali
1 January
2010
22 May
2012
Varuna I Varuna Sriraya
2 File:Sarala Baishya (2).jpg Sarala Baishya
(born 2005)
MP for Basant Bahar

(Prime Minister from
21 May 2014 until
27 December 2014)
22 May
2012
21 May
2014
3 years, 198 days Varuna II
21 May
2014
22 February
2015
Sarala I Sarala Baishya
Varuna Sriraya
22 February
2015
6 December
2015
Tanishkaa I Tanishkaa Patranabish
3 File:Mridul AminP.jpg Mohammad Mridul Amin
(born 2003)
Rajya Sabha MP
6 December
2015
11 April
2016
127 days Sarala II Sarala Baishya
4 Arnab Sil
(born 2004)
Rajya Sabha MP
11 April
2016
29 May
2016
48 days Children's Group Secular Party Varuna III Varuna Sriraya
5 File:Bishnu Chetry.png Bishnu Chetry
(born 2001)
Rajya Sabha MP
29 May
2016
2 October
2016
126 days
(1) File:Tanishkaa Patranabish (2010-2018).jpg Tanishkaa Patranabish
(born 2004)
MP for Beltola

(Deputy Prime Minister)
2 October
2016
30 December
2016
89 days
6 File:Birthday Portrait of Rashtradhyaksh Varuna Sriraya (cropped).jpg Varuna Sriraya
(born 2002)
MP for Maligaon

(Prime Minister)
30 December
2016
12 April
2017
103 days Varuna IV
(2) File:Sarala Baishya (2).jpg Sarala Baishya
(born 2005)
MP for Basant Bahar

(Prime Minister)
12 April
2017
5 July
2017
84 days Friends Society Independent Party Sarala III Self
(1) File:Tanishkaa Patranabish (2010-2018).jpg Tanishkaa Patranabish
(born 2004)
MP for Beltola

(Prime Minister until
25 December 2017,
Deputy Prime Minister from
25 December 2017,
Head of Government from
14 May 2018)
5 July
2017
25 December
2017
1 year, 68 days Friends Society Secular Party Tanishkaa II Self
25 December
2017
21 March
2018
Varuna V Varuna Sriraya
21 March
2018
13 May
2018
Varuna VI
14 May
2018
11 September
2018
Tanishkaa III Tanishkaa Patranabish
(6) File:Birthday Portrait of Rashtradhyaksh Varuna Sriraya (cropped).jpg Varuna Sriraya
(born 2002)
Unelected

(President)
11 September
2018
12 October
2018
117 days Friends Societal Congress Varuna Sriraya
12 October
2018
6 January
2019
Varuna VII
(1) File:Tanishkaa Patranabish-Official Portrait (2018).jpg Tanishkaa Patranabish
(born 2004)
(Prime Minister)
7 January
2019
17 March
2019
190 days Friends Society Secular Party Tanishkaa IV Tanishkaa Patranabish
17 March
2019
16 July
2019
Friends Societal Congress Tanishkaa V
7 Asmi Patranabis
(born 2007)
(Deputy Prime Minister)
16 July
2019
29 September
2019
75 days
8 Anoushkaa Patranabish
(born 2010)
MP for Basant Bahar

(Deputy Prime Minister)
29 September
2019
8 November
2019
40 days
(7) Asmi Patranabis
(born 2007)
8 November
2019
16 November
2019
8 days
(4) Arnab Sil
(born 2004)
MP for Maligaon
16 November
2019
24 November
2019
8 days
(6) File:Birthday Portrait of Rashtradhyaksh Varuna Sriraya (cropped).jpg Varuna Sriraya
(born 2002)
(President)
24 November
2019
26 November
2019
2 days
(4) Arnab Sil
(born 2004)
MP for Maligaon
26 November
2019
9 December
2019
13 days
(1) File:Tanishkaa Patranabish-Official Portrait (2018).jpg Tanishkaa Patranabish
(born 2004)
(Prime Minister)
9 December
2019
10 January
2020
32 days
(8) Anoushkaa Patranabish
(born 2010)
MP for Basant Bahar

(Deputy Prime Minister)
10 January
2020
3 March
2020
53 days
9 File:Ankurjyoti Thakuria.jpg Ankurjyoti Thakuria
(born 2002)
Unelected

(Deputy Prime Minister)
3 March
2020
9 March
2020
6 days National People's Congress Anoushkaa I Anoushkaa Patranabish
(8) Anoushkaa Patranabish
(born 2010)
Unelected

(Prime Minister)
9 March
2020
22 March
2020
13 days
(1) File:Tanishkaa Patranabish-Official Portrait (2018).jpg Tanishkaa Patranabish
(born 2004)
MP for Basant Bahar

(Prime Minister)
22 March
2020
10 April
2020
19 days Tanishkaa VI Tanishkaa Patranabish
(4) Arnab Sil
(born 2004)
MP for Maligaon

(Deputy Prime Minister)
10 April
2020
30 April
2020
20 days
13 May
2020
7 June
2020
25 days Tanishkaa VII Tanishkaa Patranabish
(8) Princess Anoushkaa
(born 2010)
MP for Beltola Urban

(Prime Minister)
8 June
2020
28 January
2021
234 days Anoushkaa II Princess Anoushkaa
10 Liam Alexander
(born 2005)
Unelected

(Deputy Prime Minister)
28 January
2021
Less than a day
(8 hours approx.)
Royalist Party of Vishwamitra Ștefan I Ștefan Marius Snagoveanu
Advisor to the Prime Minister on Finance
(6) File:Birthday Portrait of Rashtradhyaksh Varuna Sriraya (cropped).jpg Varuna Sriraya
(born 2002)
Unelected

(Rashtradhyaksh)
28 January
2021
1 March
2021
32 days Independent Ștefan I Ștefan Marius Snagoveanu
Minister of Finance
11 Cristian Dobrev
(born 2004)
MP for Radisson
6 March
2021
18 June
2021
104 days Independent Ștefan II Ștefan Marius Snagoveanu
12 Ested Vlasyn
(born 2001)
MP for National List
18 June
2021
11 September
2021
85 days National People's Congress
13 Charles Burgardt
(born 2002)
Unelected
11 September
2021
21 October
2021
40 days Farhaz I Farhaz Hazarika
14 Phillip Joseph Pillin
(born 1996)
Unelected

(Prime Minister)
21 October
2021
22 November
2021
32 days Independent Phillip Phillip Joseph Pillin
(13) Charles Burgardt
(born 2002)
MP for Rajagriha (until Dec'2021)
Councillor for Purvanchal (Jan–Apr'2022)
MP for Maligaon (from May'2022)
22 November
2021
12 May
2022
171 days National People's Congress Farhaz II Farhaz Hazarika
15 Matthew Tonna
(born 2005)
MP for National List
12 May
2022
30 July
2022
79 days Independent Farhaz III
16 Lieutenant General
Rory Leonard
(born 2007)
MP for Kalapani
31 July
2022
11 November
2022
103 days
17 Arsal Abbas Mirza
(born 2006)
MP for Dadara
12 November
2022
18 March
2023
126 days Farhaz IV
18 Rafe Burfield
(born 2005)
MP for Chandril
18 March
2023
9 October
2023
205 days National People's Congress
(2) File:Portrait of Princess Sarala (2021).jpg Princess Sarala Baishya
(born 2005)
MP for Rashtra Niwas

(Deputy Prime Minister)
13 October
2023
Incumbent 131 days Farhaz V

See also