Minister of Finance (Vishwamitra)
Minister of Finance | |
---|---|
वित्त मंत्री (Hindi) | |
Ministry of Finance | |
Style | The Honourable |
Member of | |
Reports to | Rashtradhyaksh Prime Minister |
Nominator | Prime Minister |
Appointer | Rashtradhyaksh on the recommendation of the Prime Minister |
Term length | At His Illustrious and Royal Majesty's pleasure |
Formation | 15 April 2007; 17 years ago |
First holder | Tanishkaa Patranabish |
Deputy | Minister 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 |
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
Term length
Below is the list of ministers of finance by their time in office:
- Tanishkaa Patranabish – 7 years, 69 days
- Klarissa Sriraya – 4 years, 210 days
- Anoushkaa Patranabish – 340 days
- Varuna Sriraya – 254 days
- Charles Burgardt – 211 days
- Rafe Hargreaves – 205 days
- Mridul Amin – 127 days
- Bishnu Chetry and Arsal Abbas Mirza – 126 days
- Arnab Sil – 114 days
- Cristian Dobrev – 104 days
- Rory Leonard – 103 days
- Tyler Mullins – 100 days
- Ested Vlasyn – 85 days
- Asmi Patranabis – 83 days
- Matthew Tonna – 79 days
- Phillip Joseph Pillin – 32 days
- Ankurjyoti Thakuria – 6 days
- Liam Alexander – 0 days