Finance Secretary of India
The Finance Secretary of India is the senior-most Secretary in the Ministry of Finance and plays a key role in shaping the country’s economic and fiscal policies. The Finance Secretary coordinates among different departments such as Economic Affairs, Expenditure, Revenue, Financial Services, and Investment & Public Asset Management.
List of Ministry of Mines in India from 1947 to present:
Name | Duration (Start – End) | Prime Minister |
Ajay Seth | 24 March 2025 – 30 June 2025 | Narendra Modi |
Tuhin Kanta Pandey | 7 September 2024 – 28 February 2025 | Narendra Modi |
T. V. Somanathan | 28 April 2021 – 30 August 2024 | Narendra Modi |
Ajay Bhushan Pandey | 3 March 2020 – 28 February 2021 | Narendra Modi |
Rajiv Kumar | August 2019 – 29 February 2020 | Narendra Modi |
Subhash Chandra Garg | March 2019 – July 2019 | Narendra Modi |
Ajay Narayan Jha | 2018 – February 2019 | Narendra Modi |
Hasmukh Adhia | 2017 – 2018 | Narendra Modi |
Ashok Lavasa | 2016 – 2017 | Narendra Modi |
Vijay L. Kelkar | 1998 – 1999 | Atal Bihari Vajpayee |
Montek Singh Ahluwalia | 1993 – 1998 | P. V. Narasimha Rao |
N. C. Sen Gupta | 1975 | Indira Gandhi |
M. R. Yardi | 1972 – 1974 | Indira Gandhi |
B. D. Pande | 1969 – 1972 | Indira Gandhi |
Sarukkai Jagannathan | 1967 – 1968 | Indira Gandhi |
Lakshmi Kant Jha | 1964 – 1966 | Lal Bahadur Shastri |
S. Bhoothalingam | 1960 – 1964 | Jawaharlal Nehru |
A. K. Roy | 1958 – 1960 | Jawaharlal Nehru |
Hirubhai M. Patel | 1955 – 1958 | Jawaharlal Nehru |
K. G. Ambegaonkar | 1954 – 1955 | Jawaharlal Nehru |
K. R. K. Menon | 1947 – 1954 | Jawaharlal Nehru |
FAQs on Finance Secretary of India
- Who is the current Finance Secretary of India?
The current Finance Secretary of India (as per the latest update) is Ajay Seth, who served in 2025.
- Who was the first Finance Secretary of India?
K. R. K. Menon was the first Finance Secretary of India and served from 1947 to 1954.
- What is the role of the Finance Secretary of India?
The Finance Secretary coordinates all departments of the Ministry of Finance and plays a key role in economic policy, Union Budget preparation, and fiscal administration.
- Is the Finance Secretary an IAS officer?
Yes, the Finance Secretary is usually a senior IAS officer appointed by the Government of India.
- How is the Finance Secretary appointed?
The Finance Secretary is appointed by the Appointments Committee of the Cabinet (ACC) based on seniority and experience.
- What is the difference between Finance Secretary and Finance Minister?
The Finance Minister is a political executive and cabinet member, while the Finance Secretary is a senior bureaucrat responsible for administrative and policy coordination within the Ministry of Finance.
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