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Sitharaman longest serving FM; to present record 9th Budget in a row

Press Trust of india by Press Trust of india
January 30, 2026
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LS passes Finance Bill; tax benefits for debt mutual funds removed

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New Delhi: Finance Minister Nirmala Sitharaman, who will present her ninth consecutive Budget on Sunday, is the longest-serving finance minister to hold the post continuously.

Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world.

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Sitharaman completed six years and eight months in office on January 31, 2026. On February 1, she will present a record ninth budget in a row.

Ahead of the Budget session, Prime Minister Narendra Modi had said that Sitharaman presenting the Union Budget for the ninth consecutive time “will be recorded as a matter of pride in India’s parliamentary history”.

Former prime minister Morarji Desai had presented the Union Budget on 10 occasions, while P Chidambaram presented the Budget nine times, but not for consecutive years.

The other longest-serving Finance Minister at a stretch was C D Deshmukh, who took charge of the Ministry on June 1, 1950, and remained in office for about six years and two months.

Manmohan Singh, known for pushing economic liberalisation, was Finance Minister for about five years between June 21, 1990, and June 16, 1996.

Later as Prime Minister, Singh held the additional charge of Finance portfolio for a brief period once in 2008 and again in 2012.

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Rupee hits lowest-ever level of 92.02 against US dollar; ends with marginal gain

Press Trust of india

Press Trust of india

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