Ministers of Corporate Affairs

The Minister of Corporate Affairs oversees India’s corporate governance, company laws, and compliance under the Companies Act, 2013. This ministry ensures that businesses operate legally, transparently, and responsibly, protecting investor interests and promoting accountability in the corporate sector. Explore the full list of ministers from 1947 to 2025 along with their tenure, political party, and Prime Minister served under.  

Updated On - 15 Feb 2026
Check Free Credit Score

Ministers of Corporate Affairs of India (1947–present)

Name

Political Party

Duration

Prime Minister(s)

Nirmala Sitharaman

Bharatiya Janata Party (NDA)

30 May 2019 – present

Narendra Modi

Arun Jaitley

Bharatiya Janata Party (NDA)

26 May 2014 – 30 May 2019

Narendra Modi

Sachin Pilot

Indian National Congress

31 Jul 2012 – 26 May 2014

Manmohan Singh

Veerappa Moily

Indian National Congress

26 Jun 2012 – 31 Jul 2012

Manmohan Singh

H. R. Bhardwaj

Indian National Congress

30 Nov 2008 – 24 Jan 2009

Manmohan Singh

Prem Chand Gupta

Indian National Congress (UPA)

22 May 2004 – 30 Nov 2008

Manmohan Singh

I. K. Gujral

Janata Dal (United Front)

21 Apr 1997 – 22 May 2004

I. K. Gujral

P. Chidambaram

Tamil Maanila Congress (United Front)

1 Jun 1996 – 21 Apr 1997

H. D. Deve Gowda

Jaswant Singh

Bharatiya Janata Party

16 May 1996 – 1 Jun 1996

Atal Bihari Vajpayee

Manmohan Singh

Indian National Congress

21 Jun 1991 – 16 May 1996

P. V. Narasimha Rao

Yashwant Sinha

Samajwadi Janata Party (National Front)

10 Nov 1990 – 21 Jun 1991

Chandra Shekhar

Madhu Dandavate

Janata Dal (National Front)

2 Dec 1989 – 10 Nov 1990

V. P. Singh

Shankarrao Chavan

Indian National Congress

25 Jun 1988 – 2 Dec 1989

Rajiv Gandhi

N. D. Tiwari

Indian National Congress

25 Jul 1987 – 25 Jun 1988

Rajiv Gandhi

Rajiv Gandhi

Indian National Congress

24 Jan 1987 – 25 Jul 1987

Rajiv Gandhi

V. P. Singh

Indian National Congress

31 Dec 1984 – 24 Jan 1987

Rajiv Gandhi

Pranab Mukherjee

Indian National Congress

15 Jan 1982 – 31 Dec 1984

Indira Gandhi

R. Venkataraman

Indian National Congress

14 Jan 1980 – 15 Jan 1982

Indira Gandhi

Hemvati Nandan Bahuguna

Janata Party (Secular)

28 Jul 1979 – 14 Jan 1980

Charan Singh

Charan Singh

Janata Party

24 Jan 1979 – 28 Jul 1979

Charan Singh

Haribhai M. Patel

Janata Party

24 Mar 1977 – 24 Jan 1979

Morarji Desai

Chidambaram Subramaniam

Indian National Congress

1975 – 1977

Indira Gandhi

Yashwantrao Chavan

Indian National Congress

1971 – 1975

Indira Gandhi

Indira Gandhi

Indian National Congress

1967 – 1971

Indira Gandhi

Sachindra Chaudhuri

Indian National Congress

1965 – 13 Mar 1967

Lal Bahadur Shastri / Indira Gandhi

T. T. Krishnamachari

Indian National Congress

29 Aug 1963 – 1965

Jawaharlal Nehru / Lal Bahadur Shastri

Morarji Desai

Indian National Congress

13 Mar 1958 – 29 Aug 1963

Jawaharlal Nehru

Jawaharlal Nehru

Indian National Congress

13 Feb 1958 – 13 Mar 1958

Jawaharlal Nehru

T. T. Krishnamachari

Indian National Congress

1957 – 13 Feb 1958

Jawaharlal Nehru

C. D. Deshmukh

Indian National Congress

29 May 1950 – 1957

Jawaharlal Nehru

John Mathai

Indian National Congress

1949 – 1950

Jawaharlal Nehru

R. K. Shanmukham Chetty

Indian National Congress

15 Aug 1947 – 1949

Jawaharlal Nehru

FAQs on Minister of Corporate Affairs

  • Who is the current Minister of Corporate Affairs?

    Nirmala Sitharaman is the current minister of  Corporate Affairs

  • Which ministry does the Corporate Affairs Minister head?

    The Ministry of Corporate Affairs (MCA), responsible for corporate regulations and transparency.  

  • What laws are governed by the Ministry of Corporate Affairs?

    The ministry manages the Companies Act, 2013, Limited Liability Partnership Act, and Insolvency and Bankruptcy Code.  

  • How does the Corporate Affairs Minister impact businesses?

    By ensuring compliance, transparency, and accountability, the minister protects investors and maintains a fair business environment.

  • Who was the first Minister of Corporate Affairs in India?

    R. K. Shanmukham Chetty served as the first minister (1947–1949).  

Disclaimer
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.