Minister of Finance (Vishwamitra)

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Minister of Finance
वित्त मंत्री (Hindi)
Incumbent
Sri Rajanya Shahiraj

since 7 October 2024
Ministry of Finance
StyleThe Honourable
Member of
Reports toRashtradhyaksh
Prime Minister
NominatorPrime Minister
AppointerRashtradhyaksh
on the recommendation of the Prime Minister
Term lengthAt His Illustrious and Royal Majesty's pleasure
Formation15 April 2007; 17 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 Acting Prime Minister Arthur Lacey-Scott-FitzLacia who holds the additional charge of the ministry during the period of absence of prime minister Klarissa Sriraya since 7 October 2024.

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 Klarissa Sriraya, 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

Eighteen 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 Prime Minister Klarissa Sriraya who has been in office since 29 March 2024.

  • Note:   Caretaker Minister

Minister of Finance (2007–2018)

Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry
From To Period
Tanishkaa Patranabish
(born 2004)
Representative (2007–2010)
MP for Beltola (2010–2012)
15 April
2007
22 May
2012
5 years, 37 days Non-affiliated Phatowali
Varuna I
Klarissa Sriraya
(born 2005)
MP for Basant Bahar

(Prime Minister from
21 May 2014 until 27 Dec 2014)
22 May
2012
6 December
2015
3 years, 198 days Varuna II
Klarissa I
Varuna
(Interim)
Tanishkaa I
Mohammad Mridul Amin
(born 2003)
Rajya Sabha MP
6 December
2015
11 April
2016
127 days Klarissa II
Arnab Sil
(born 2004)
Rajya Sabha MP
11 April
2016
29 May
2016
48 days Secular Varuna III
Bishnu Chetry
(born 2001)
Rajya Sabha MP
29 May
2016
2 October
2016
126 days
Tanishkaa Patranabish
(born 2004)
MP for Beltola

(Deputy Prime Minister)
2 October
2016
30 December
2016
89 days
Varuna Sriraya
(born 2002)
MP for Maligaon

(Prime Minister)
30 December
2016
12 April
2017
103 days Varuna IV
Klarissa Sriraya
(born 2005)
MP for Basant Bahar

(Prime Minister)
12 April
2017
5 July
2017
84 days Independent Klarissa III
Tanishkaa Patranabish
(born 2004)
MP for Beltola

(Prime Minister until
25 December 2017,
Deputy Prime Minister from
25 December 2017)
5 July
2017
13 May
2018
312 days Secular Tanishkaa II
Varuna V
Varuna VI

Chancellor of the Treasury (2018)

Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry
From To Period
Tanishkaa Patranabish
(born 2004)
MP for Beltola

(President of the Council of Ministers)
14 May
2018
11 September
2018
120 days Secular Tanishkaa III
Varuna Sriraya
(born 2002)
Unelected

(President)
11 September
2018
12 October
2018
31 days Congress Interim Varuna II

Minister of Finance (2018–2024)

Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry
From To Period
Varuna Sriraya
(born 2002)
Unelected

(President)
12 October
2018
6 January
2019
86 days Congress Varuna VII
Anirban Phatowali
(born 2009)
MP for West Gotanagar

(Assistant Minister)
Tanishkaa Patranabish
(born 2004)
(Prime Minister)
7 January
2019
16 July
2019
190 days Secular Tanishkaa IV
Congress Tanishkaa V
Asmi Patranabis
(born 2007)
(Deputy Prime Minister)
16 July
2019
29 September
2019
75 days
Anoushkaa Patranabish
(born 2010)
MP for Basant Bahar

(Deputy Prime Minister)
29 September
2019
8 November
2019
40 days
Asmi Patranabis
(born 2007)
8 November
2019
16 November
2019
8 days
Arnab Sil
(born 2004)
MP for Maligaon
16 November
2019
24 November
2019
8 days
Varuna Sriraya
(born 2002)
(President)
24 November
2019
26 November
2019
2 days
Arnab Sil
(born 2004)
MP for Maligaon
26 November
2019
9 December
2019
13 days
Tanishkaa Patranabish
(born 2004)
(Prime Minister)
9 December
2019
10 January
2020
32 days
Anoushkaa Patranabish
(born 2010)
MP for Basant Bahar

(Deputy Prime Minister)
10 January
2020
3 March
2020
53 days
Ankurjyoti Thakuria
(born 2002)
(Deputy Prime Minister)
Caretaker Minister
3 March
2020
9 March
2020
6 days Congress Anoushkaa I
(Caretaker)
Anoushkaa Patranabish
(born 2010)
(Prime Minister)
Caretaker Minister
9 March
2020
22 March
2020
13 days
Tanishkaa Patranabish
(born 2004)
MP for Basant Bahar

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

(Deputy Prime Minister)
10 April
2020
30 April
2020
20 days
Arnab Sil
(born 2004)
MP for Maligaon

(Chief Cabinet Minister)
13 May
2020
7 June
2020
25 days Congress Tanishkaa VII
Princess Anoushkaa Patranabish
(born 2010)
MP for Beltola Urban

(Prime Minister)
8 June
2020
28 January
2021
234 days Anoushkaa II
Liam Alexander
Baron Alexander

(born 2005)
(Deputy Prime Minister)
Caretaker Minister
28 January
2021
Less than a day
(8 hours approx.)
Royalist Snagoveanu I
(Caretaker)
Varuna Sriraya
(born 2002)
(Rashtradhyaksh)
Caretaker Minister/Advisor to the Prime Minister
28 January
2021
1 March
2021
32 days Non-affiliated Snagoveanu I
(Caretaker)
Cristian Dobrev
(born 2004)
MP for Radisson
6 March
2021
18 June
2021
104 days Non-affiliated Snagoveanu II
Ested Vlasyn
Baron Vlasyn
(born 2001)
MP for National List
18 June
2021
11 September
2021
85 days Congress
Charles Burgardt
(born 2002)
Unelected
11 September
2021
21 October
2021
40 days Hazarika I
Phillip Joseph Pillin
Count of Youngstown

(born 1996)
(Prime Minister)
Caretaker Minister
21 October
2021
22 November
2021
32 days Non-affiliated Pillin
(Caretaker)
Charles Burgardt
Count of Suffolk

(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 Congress Hazarika II
Matthew Tonna
Baron Tonna
(born 2005)
MP for National List
12 May
2022
30 July
2022
79 days Non-affiliated Hazarika III
Lieutenant General
Rory Leonard
Duke of Griffith

(born 2007)
MP for Kalapani
31 July
2022
11 November
2022
103 days
Arsal Abbas Mirza
Count Mirza
[a]
(born 2006)
MP for Dadara
12 November
2022
18 March
2023
126 days Hazarika IV
Rafe Hargreaves[b]
(born 2005)
MP for Chandril
18 March
2023
9 October
2023
205 days Congress
Klarissa Sriraya
Crown Princess of Purvanchal

(born 2005)
MP for Rashtra Niwas

(Deputy Prime Minister)
13 October
2023
20 December
2023
68 days Hazarika V
Tyler Mullins
(born 1997)
MP for Uttar Basistha
20 December
2023
29 March
2024
100 days Non-affiliated
Klarissa Sriraya
Crown Princess of Purvanchal

(born 2005)
MP for Rashtra Niwas

(Prime Minister)
29 March
2024
12 May
2024
44 days Congress Klarissa IV
  1. Baron Mirza of Lahore until 1 January 2023
  2. Count Hargreaves until 6 August 2023

Minister of Finance and Planning (2024)

Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry
From To Period
Klarissa Sriraya
Crown Princess of Purvanchal

(born 2005)
MP for Rashtra Niwas

(Prime Minister)
12 May
2024
15 June
2024
34 days Congress Klarissa IV

Minister of Finance (2024–present)

Portrait Minister
(Birth-Death)
Constituency
Term of office Political party Ministry
From To Period
Klarissa Sriraya
Crown Princess of Purvanchal

(born 2005)
(Prime Minister)
15 June
2024
6 October
2024
113 days Congress Klarissa IV
General (Hon)
Arthur Lacey-Scott-FitzLacia
Sri Rajanya Shahiraj

(born 2002)
(Acting Prime Minister)
(Additional charge)
7 October
2024
Incumbent 33 days

Timeline

Tyler MullinsRafe HargreavesArsal Abbas MirzaRory LeonardPhillip Joseph PillinCharles BurgardtCristian DobrevLiam AlexanderAnkurjyoti ThakuriaAnoushkaa PatranabishAsmi PatranabisAnirban PhatowaliVaruna SrirayaBishnu ChetryArnab SilMridul AminKlarissa SrirayaTanishkaa Patranabish

Term length

Below is the list of ministers of finance by their time in office:

  1. Tanishkaa Patranabish – 7 years, 69 days
  2. Klarissa Sriraya – 4 years, 210 days
  3. Anoushkaa Patranabish – 340 days
  4. Varuna Sriraya – 254 days
  5. Charles Burgardt – 211 days
  6. Rafe Hargreaves – 205 days
  7. Mridul Amin – 127 days
  8. Bishnu Chetry and Arsal Abbas Mirza – 126 days
  9. Arnab Sil – 114 days
  10. Cristian Dobrev – 104 days
  11. Rory Leonard – 103 days
  12. Tyler Mullins – 100 days
  13. Ested Vlasyn – 85 days
  14. Asmi Patranabis – 83 days
  15. Matthew Tonna – 79 days
  16. Phillip Joseph Pillin – 32 days
  17. Ankurjyoti Thakuria – 6 days
  18. Liam Alexander – 0 days

See also