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.mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size: 100%;"><div class="fn" style="font-size:125%;">Bimal Jalan</div></th></tr><tr><td colspan="2" class="infobox-image"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Bimal_Jalan_(cropped).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Bimal_Jalan_%28cropped%29.jpg/220px-Bimal_Jalan_%28cropped%29.jpg" decoding="async" width="220" height="252" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Bimal_Jalan_%28cropped%29.jpg/330px-Bimal_Jalan_%28cropped%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Bimal_Jalan_%28cropped%29.jpg/440px-Bimal_Jalan_%28cropped%29.jpg 2x" data-file-width="687" data-file-height="788" /></a></span><div class="infobox-caption" style="line-height:normal;padding-top:0.2em;">Jalan in 2013</div></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender;line-height:normal;padding:0.2em;"><a href="/wiki/Member_of_Parliament_(India)" title="Member of Parliament (India)">Member</a> of <a href="/wiki/Rajya_Sabha" title="Rajya Sabha">Rajya Sabha</a></th></tr><tr><td colspan="2" class="infobox-full-data" style="border-bottom:none"><span class="nowrap"><b>In office</b></span><br />27 August 2003 - 26 August 2009</td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender;line-height:normal;padding:0.2em;">20th <a href="/wiki/List_of_Governors_of_Reserve_Bank_of_India" class="mw-redirect" title="List of Governors of Reserve Bank of India">Governor of Reserve Bank of India</a></th></tr><tr><td colspan="2" class="infobox-full-data" style="border-bottom:none"><span class="nowrap"><b>In office</b></span><br />22 November 1997 – 4 September 2003</td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Preceded by</span></th><td class="infobox-data"><a href="/wiki/C_Rangarajan" class="mw-redirect" title="C Rangarajan">C Rangarajan</a></td></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Succeeded by</span></th><td class="infobox-data"><a href="/wiki/Y_Venugopal_Reddy" class="mw-redirect" title="Y Venugopal Reddy">Y Venugopal Reddy</a></td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender;line-height:normal;padding:0.2em;">7th <a href="/wiki/Chief_Economic_Adviser_to_the_Government_of_India" class="mw-redirect" title="Chief Economic Adviser to the Government of India">Chief Economic Adviser to the Government of India</a></th></tr><tr><td colspan="2" class="infobox-full-data" style="border-bottom:none"><span class="nowrap"><b>In office</b></span><br />1981 - 1988</td><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Preceded by</span></th><td class="infobox-data">RM Honavar</td></tr><tr><th scope="row" class="infobox-label" style="text-align:left"><span class="nowrap">Succeeded by</span></th><td class="infobox-data"><a href="/wiki/Nitin_Desai" title="Nitin Desai">Nitin Desai</a></td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr><th colspan="2" class="infobox-header" style="color: #202122; background:lavender">Personal details</th></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><span style="display:none"> (<span class="bday">1941-08-17</span>) </span>17 August 1941<span class="noprint ForceAgeToShow"> (age 83)</span><br /><a href="/wiki/Sadulpur" title="Sadulpur">Sadulpur</a>, <a href="/wiki/Bikaner_State" title="Bikaner State">Bikaner State</a>, <a href="/wiki/British_India" class="mw-redirect" title="British India">British India</a></td></tr><tr><th scope="row" class="infobox-label">Residence</th><td class="infobox-data label">Kolkata (West Bengal)</td></tr><tr><th scope="row" class="infobox-label">Education</th><td class="infobox-data"><a href="/wiki/Presidency_College,_Kolkata" class="mw-redirect" title="Presidency College, Kolkata">Presidency College</a><br /><a href="/wiki/University_of_Cambridge" title="University of Cambridge">University of Cambridge</a><br /><a href="/wiki/University_of_Oxford" title="University of Oxford">University of Oxford</a></td></tr><tr><th scope="row" class="infobox-label">Occupation</th><td class="infobox-data"><a href="/wiki/Economist" title="Economist">Economist</a></td></tr><tr><th scope="row" class="infobox-label">Signature</th><td class="infobox-data"><span class="skin-invert" typeof="mw:File"><a href="/wiki/File:Bimal_Jalan_Signature-en.jpg" class="mw-file-description" title="Bimal Jalan's signature"><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Bimal_Jalan_Signature-en.jpg/128px-Bimal_Jalan_Signature-en.jpg" decoding="async" width="128" height="34" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Bimal_Jalan_Signature-en.jpg/192px-Bimal_Jalan_Signature-en.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/b/b0/Bimal_Jalan_Signature-en.jpg 2x" data-file-width="197" data-file-height="53" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><a rel="nofollow" class="external free" href="http://www.bimaljalan.com/">http://www.bimaljalan.com/</a></td></tr><tr><td colspan="2" class="infobox-below" style="border-top: 1px solid right;"><div></div></td></tr></tbody></table> <p><b>Bimal Jalan</b> (born 17 August 1941)<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (August 2020)">citation needed</span></a></i>]</sup> is a former <a href="/wiki/List_of_Governors_of_Reserve_Bank_of_India" class="mw-redirect" title="List of Governors of Reserve Bank of India">Governor of Reserve Bank of India</a> and was a nominated member of the Upper House of India's Parliament, the <a href="/wiki/Rajya_Sabha" title="Rajya Sabha">Rajya Sabha</a> during 2003–2009.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Education_and_career">Education and career</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Bimal_Jalan&action=edit&section=1" title="Edit section: Education and career"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Jalan graduated from <a href="/wiki/Presidency_College,_Kolkata" class="mw-redirect" title="Presidency College, Kolkata">Presidency College</a>, <a href="/wiki/Calcutta" class="mw-redirect" title="Calcutta">Calcutta</a>, and later attended <a href="/wiki/University_of_Cambridge" title="University of Cambridge">Cambridge</a> and <a href="/wiki/Oxford_University" class="mw-redirect" title="Oxford University">Oxford</a> but no further detail as to his course of study is known publicly.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (April 2019)">citation needed</span></a></i>]</sup> </p><p>Jalan held several administrative and advisory positions in the Government of India, namely, Chief Economic Adviser in the 1980s, Banking Secretary between 1985 and 1989 and <a href="/wiki/Finance_Secretary_(India)" title="Finance Secretary (India)">Finance Secretary</a>, <a href="/wiki/Finance_Minister_of_India" class="mw-redirect" title="Finance Minister of India">Ministry of Finance</a> between January 1991 and September 1992. In 1992-93 and then from 1998–2008, Jalan was the President of the Governing Body of the <a rel="nofollow" class="external text" href="http://www.ncaer.org">National Council of Applied Economic Research</a>, <a href="/wiki/Planning_Commission_(India)" title="Planning Commission (India)">Planning Commission</a> in <a href="/wiki/New_Delhi" title="New Delhi">New Delhi</a>.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (April 2019)">citation needed</span></a></i>]</sup> </p><p>He was the <a href="/wiki/Governor" title="Governor">Governor</a> of <a href="/wiki/Reserve_Bank_of_India" title="Reserve Bank of India">Reserve Bank of India</a> for two terms. The <a href="/wiki/Government_of_India" title="Government of India">Government of India</a> reappointed Jalan as Governor of the Reserve Bank of India, first for a period of five years commencing 22 November 1997 to 21 November 2002 and again for a further period of two years commencing from 22 November 2002 and ending 21 November 2004. He was succeeded by <a href="/wiki/Y_Venugopal_Reddy" class="mw-redirect" title="Y Venugopal Reddy">Y. Venugopal Reddy</a> on 6 September 2003.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> During his tenure the <a href="/wiki/Indian_Rupee" class="mw-redirect" title="Indian Rupee">Indian Rupee</a> note of 1000 denomination was introduced.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Selected_works">Selected works</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Bimal_Jalan&action=edit&section=2" title="Edit section: Selected works"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=Gb7sAAAAMAAJ">India's Economic Crisis: The Way Ahead</a> (Oxford University Press, 1991)</li> <li><a rel="nofollow" class="external text" href="https://books.google.com/books?id=dELXAAAACAAJ">The Indian Economy: Problems and Prospects</a> (editor) (Penguin, 1993).</li> <li>India's Economic Policy: Preparing for the Twenty-first Century (Viking, 1996) examines some of the critical policy choices for India at the present juncture.</li> <li>The Future of India Politics, Economics and Governance (Penguin, 2005).</li> <li><a rel="nofollow" class="external text" href="https://www.amazon.in/Indias-Politics-Backbench-Bimal-Jalan/dp/0143064223">India's Politics: A view from the backbench</a> (Penguin-Viking, 2007).</li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Bimal_Jalan&action=edit&section=3" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist reflist-columns references-column-width reflist-columns-2"> <ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://164.100.47.5/Newmembers/alphabeticallist_all_terms.aspx">"Rajya Sabha members"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">31 December</span> 2009</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Rajya+Sabha+members&rft_id=http%3A%2F%2F164.100.47.5%2FNewmembers%2Falphabeticallist_all_terms.aspx&rfr_id=info%3Asid%2Fen.wikipedia.org%3ABimal+Jalan" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080916083919/http://www.rbi.org.in/scripts/governors.aspx">"List of Governors"</a>. Reserve Bank of India. Archived from <a rel="nofollow" class="external text" href="http://www.rbi.org.in/scripts/governors.aspx">the original</a> on 16 September 2008<span class="reference-accessdate">. Retrieved <span class="nowrap">8 December</span> 2006</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=List+of+Governors&rft.pub=Reserve+Bank+of+India&rft_id=http%3A%2F%2Fwww.rbi.org.in%2Fscripts%2Fgovernors.aspx&rfr_id=info%3Asid%2Fen.wikipedia.org%3ABimal+Jalan" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFJain2004" class="citation book cs1">Jain, Manik (2004). <i>2004 Phila India Paper Money Guide Book</i>. Kolkata: Philatelia. p. 77.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=book&rft.btitle=2004+Phila+India+Paper+Money+Guide+Book&rft.place=Kolkata&rft.pages=77&rft.pub=Philatelia&rft.date=2004&rft.aulast=Jain&rft.aufirst=Manik&rfr_id=info%3Asid%2Fen.wikipedia.org%3ABimal+Jalan" class="Z3988"></span></span> </li> </ol></div> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol 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data-file-height="600" /></a></span></span> <a href="/wiki/List_of_governors_of_the_Reserve_Bank_of_India" title="List of governors of the Reserve Bank of India">Governors</a> of the <a href="/wiki/Reserve_Bank_of_India" title="Reserve Bank of India">Reserve Bank of India</a></div></th></tr><tr><td class="noviewer navbox-image" rowspan="1" style="width:1px;padding:0 2px 0 0"><div><span class="mw-default-size" typeof="mw:File"><span title="Seal of the Reserve Bank of India"><img alt="Seal of the Reserve Bank of India" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Seal_of_the_Reserve_Bank_of_India.svg/85px-Seal_of_the_Reserve_Bank_of_India.svg.png" decoding="async" width="85" height="85" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Seal_of_the_Reserve_Bank_of_India.svg/128px-Seal_of_the_Reserve_Bank_of_India.svg.png 1.5x, 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D. Deshmukh">C. D. Deshmukh</a> (1943–49)</li> <li>Sir <a href="/wiki/Benegal_Rama_Rau" title="Benegal Rama Rau">Benegal Rama Rau</a> (1949–57)</li> <li><a href="/wiki/K._G._Ambegaonkar" title="K. G. Ambegaonkar">K. G. Ambegaonkar</a> (1957)</li> <li><a href="/wiki/H._V._R._Iengar" title="H. V. R. Iengar">H. V. R. Iengar</a> (1957–62)</li> <li><a href="/wiki/P._C._Bhattacharya" title="P. C. Bhattacharya">P. C. Bhattacharya</a> (1962–67)</li> <li><a href="/wiki/Lakshmi_Kant_Jha" title="Lakshmi Kant Jha">Lakshmi Kant Jha</a> (1967–70)</li> <li><a href="/wiki/B._N._Adarkar" title="B. N. Adarkar">B. N. Adarkar</a> (1970)</li> <li><a href="/wiki/Sarukkai_Jagannathan" title="Sarukkai Jagannathan">Sarukkai Jagannathan</a> (1970–75)</li> <li><a href="/wiki/N._C._Sen_Gupta" title="N. C. Sen Gupta">N. C. Sen Gupta</a> (1975)</li> <li><a href="/wiki/K._R._Puri" title="K. R. Puri">K. R. Puri</a> (1975–77)</li> <li><a href="/wiki/M._Narasimham" title="M. Narasimham">M. Narasimham</a> (1977)</li> <li><a href="/wiki/I._G._Patel" title="I. G. Patel">I. G. Patel</a> (1977–82)</li> <li><a href="/wiki/Manmohan_Singh" title="Manmohan Singh">Manmohan Singh</a> (1982–85)</li> <li><a href="/wiki/Amitav_Ghosh_(banker)" title="Amitav Ghosh (banker)">Amitav Ghosh</a> (1985)</li> <li><a href="/wiki/R._N._Malhotra" title="R. N. Malhotra">R. N. Malhotra</a> (1985–90)</li> <li><a href="/wiki/S._Venkitaramanan" title="S. Venkitaramanan">S. Venkitaramanan</a> (1990–92)</li> <li><a href="/wiki/C._Rangarajan" title="C. Rangarajan">C. Rangarajan</a> (1992–97)</li> <li><a class="mw-selflink selflink">Bimal Jalan</a> (1997–2003)</li> <li><a href="/wiki/Y._V._Reddy" title="Y. V. Reddy">Y. V. Reddy</a> (2003–08)</li> <li><a href="/wiki/Duvvuri_Subbarao" title="Duvvuri Subbarao">Duvvuri Subbarao</a> (2008–13)</li> <li><a href="/wiki/Raghuram_Rajan" title="Raghuram Rajan">Raghuram Rajan</a> (2013–16)</li> <li><a href="/wiki/Urjit_Patel" title="Urjit Patel">Urjit Patel</a> (2016–18)</li> <li><a href="/wiki/Shaktikanta_Das" title="Shaktikanta Das">Shaktikanta Das</a> (2018–24)</li> <li><a href="/wiki/Sanjay_Malhotra" title="Sanjay Malhotra">Sanjay Malhotra</a> (2024–present)</li></ul> </div></td><td class="noviewer navbox-image" rowspan="1" style="width:1px;padding:0 0 0 2px"><div><span class="mw-default-size" typeof="mw:File"><span title="Emblem of India"><img alt="Emblem of India" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/47px-Emblem_of_India.svg.png" decoding="async" width="47" height="75" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/71px-Emblem_of_India.svg.png 1.5x, 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href="/wiki/Template:Ministry_of_Finance_(India)" title="Template:Ministry of Finance (India)"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Ministry_of_Finance_(India)" title="Template talk:Ministry of Finance (India)"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Ministry_of_Finance_(India)" title="Special:EditPage/Template:Ministry of Finance (India)"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="23x15px&#124;border_&#124;alt=India&#124;link=India_Ministry_of_Finance_(India)322" style="font-size:114%;margin:0 4em"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/India" title="India"><img alt="India" src="//upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/23px-Flag_of_India.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/35px-Flag_of_India.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/45px-Flag_of_India.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Ministry_of_Finance_(India)" title="Ministry of Finance (India)">Ministry of Finance (India)</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Departments</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_Finance_(India)#Department_of_Economic_Affairs" title="Ministry of Finance (India)">Economic Affairs</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>Economic Division: <a href="/wiki/Economic_survey_of_India" title="Economic survey of India">Economic Survey</a></li></ul> </div></td></tr><tr><td colspan="2" class="navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>Budget Division: <a href="/wiki/Union_budget_of_India" title="Union budget of India">Union budget</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Department_of_Expenditure" class="mw-redirect" title="Department of Expenditure">Expenditure</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Pay_Commission" title="Pay Commission">Pay Commission</a></li> <li><a href="/wiki/7th_Central_Pay_Commission_(CPC)_and_Defence_Forces" class="mw-redirect" title="7th Central Pay Commission (CPC) and Defence Forces">7th Central Pay Commission (CPC) and Defence Forces</a></li> <li><a href="/wiki/Sixth_Central_Pay_Commission" title="Sixth Central Pay Commission">Sixth Central Pay Commission</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Department_of_Revenue_(India)" class="mw-redirect" title="Department of Revenue (India)">Revenue</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Income_Tax_Department" title="Income Tax Department">Income Tax Department</a></li> <li><a href="/wiki/Central_Board_of_Indirect_Taxes_and_Customs" title="Central Board of Indirect Taxes and Customs">Central Board of Indirect Taxes and Customs</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_Finance_(India)#Department_of_Financial_Services" title="Ministry of Finance (India)">Financial Services</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Pradhan_Mantri_Jan_Dhan_Yojana" title="Pradhan Mantri Jan Dhan Yojana">Pradhan Mantri Jan Dhan Yojana</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/w/index.php?title=Department_of_Investment_and_Public_Asset_Management&action=edit&redlink=1" class="new" title="Department of Investment and Public Asset Management (page does not exist)">DIPAM</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Disinvestment_in_India" title="Disinvestment in India">Disinvestment in India</a></li> <li><a href="/wiki/Disinvestment_of_Public_Sector_Units_in_India" class="mw-redirect" title="Disinvestment of Public Sector Units in India">Disinvestment of Public Sector Units in India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Department_of_Public_Enterprises" title="Department of Public Enterprises">DPE</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=Efficient_monitoring_of_the_capital_expenditure&action=edit&redlink=1" class="new" title="Efficient monitoring of the capital expenditure (page does not exist)">Efficient monitoring of the capital expenditure</a></li> <li><a href="/w/index.php?title=Asset_monetisation_and_financial_health_of_the_Central_Public_Sector_Enterprises_(CPSEs)&action=edit&redlink=1" class="new" title="Asset monetisation and financial health of the Central Public Sector Enterprises (CPSEs) (page does not exist)">Asset monetisation and financial health of the Central Public Sector Enterprises (CPSEs)</a></li></ul> </div></td></tr></tbody></table><div></div></td><td class="noviewer navbox-image" rowspan="6" style="width:1px;padding:0 0 0 2px"><div><span class="mw-default-size" typeof="mw:File"><a href="/wiki/File:Emblem_of_India.svg" class="mw-file-description" title="Emblem of India"><img alt="Emblem of India" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/47px-Emblem_of_India.svg.png" decoding="async" width="47" height="75" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/71px-Emblem_of_India.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/94px-Emblem_of_India.svg.png 2x" data-file-width="585" data-file-height="933" /></a></span></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Secretaries</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Economic Affairs</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Rajiv_Mehrishi" title="Rajiv Mehrishi">Rajiv Mehrishi</a></li> <li><a href="/wiki/Shaktikanta_Das" title="Shaktikanta Das">Shaktikanta Das</a></li> <li><a href="/wiki/Subhash_Chandra_Garg" title="Subhash Chandra Garg">Subhash Chandra Garg</a></li> <li><a href="/wiki/Atanu_Chakraborty" title="Atanu Chakraborty">Atanu Chakraborty</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Revenue</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Shaktikanta_Das" title="Shaktikanta Das">Shaktikanta Das</a></li> <li><a href="/wiki/Ajay_Bhushan_Pandey" title="Ajay Bhushan Pandey">Ajay Bhushan Pandey</a></li> <li><a href="/wiki/Hasmukh_Adhia" title="Hasmukh Adhia">Hasmukh Adhia</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Finance</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=Ratan_P._Watal&action=edit&redlink=1" class="new" title="Ratan P. Watal (page does not exist)">Ratan P. Watal</a></li> <li><a href="/wiki/Ashok_Lavasa" title="Ashok Lavasa">Ashok Lavasa</a></li> <li><a href="/wiki/Hasmukh_Adhia" title="Hasmukh Adhia">Hasmukh Adhia</a></li> <li><a href="/wiki/Ajay_Narayan_Jha" title="Ajay Narayan Jha">Ajay Narayan Jha</a></li> <li><a href="/wiki/Rajiv_Kumar_(economist)" title="Rajiv Kumar (economist)">Rajiv Kumar</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Finance ministers</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/R._K._Shanmukham_Chetty" title="R. K. Shanmukham Chetty">R. K. Shanmukham Chetty</a></li> <li><a href="/wiki/John_Mathai" class="mw-redirect" title="John Mathai">John Mathai</a></li> <li><a href="/wiki/C._D._Deshmukh" title="C. D. Deshmukh">C. D. Deshmukh</a></li> <li><a href="/wiki/T._T._Krishnamachari" title="T. T. Krishnamachari">T. T. Krishnamachari</a></li> <li><a href="/wiki/Jawaharlal_Nehru" title="Jawaharlal Nehru">Jawaharlal Nehru</a></li> <li><a href="/wiki/Morarji_Desai" title="Morarji Desai">Morarji Desai</a></li> <li><a href="/wiki/Sachindra_Chaudhuri" title="Sachindra Chaudhuri">Sachindra Chaudhuri</a></li> <li><a href="/wiki/Indira_Gandhi" title="Indira Gandhi">Indira Gandhi</a></li> <li><a href="/wiki/Yashwantrao_Chavan" title="Yashwantrao Chavan">Yashwantrao Chavan</a></li> <li><a href="/wiki/Chidambaram_Subramaniam" title="Chidambaram Subramaniam">Chidambaram Subramaniam</a></li> <li><a href="/wiki/Hirubhai_M._Patel" title="Hirubhai M. Patel">Hirubhai M. Patel</a></li> <li><a href="/wiki/Charan_Singh" title="Charan Singh">Charan Singh</a></li> <li><a href="/wiki/Hemwati_Nandan_Bahuguna" title="Hemwati Nandan Bahuguna">Hemwati Nandan Bahuguna</a></li> <li><a href="/wiki/R._Venkataraman" class="mw-redirect" title="R. Venkataraman">R. Venkataraman</a></li> <li><a href="/wiki/Pranab_Mukherjee" title="Pranab Mukherjee">Pranab Mukherjee</a></li> <li><a href="/wiki/Vishwanath_Pratap_Singh" class="mw-redirect" title="Vishwanath Pratap Singh">Vishwanath Pratap Singh</a></li> <li><a href="/wiki/Rajiv_Gandhi" title="Rajiv Gandhi">Rajiv Gandhi</a></li> <li><a href="/wiki/N._D._Tiwari" title="N. D. Tiwari">N. D. Tiwari</a></li> <li><a href="/wiki/Shankarrao_Chavan" title="Shankarrao Chavan">Shankarrao Chavan</a></li> <li><a href="/wiki/Madhu_Dandavate" title="Madhu Dandavate">Madhu Dandavate</a></li> <li><a href="/wiki/Yashwant_Sinha" title="Yashwant Sinha">Yashwant Sinha</a></li> <li><a href="/wiki/Manmohan_Singh" title="Manmohan Singh">Manmohan Singh</a></li> <li><a href="/wiki/Jaswant_Singh" title="Jaswant Singh">Jaswant Singh</a></li> <li><a href="/wiki/P._Chidambaram" title="P. Chidambaram">P. Chidambaram</a></li> <li><a href="/wiki/I._K._Gujral" class="mw-redirect" title="I. K. Gujral">I. K. Gujral</a></li> <li><a href="/wiki/Arun_Jaitley" title="Arun Jaitley">Arun Jaitley</a></li> <li><a href="/wiki/Piyush_Goyal" title="Piyush Goyal">Piyush Goyal</a></li> <li><a href="/wiki/Nirmala_Sitharaman" title="Nirmala Sitharaman">Nirmala Sitharaman</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Ministers of state <br /> for finance</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Nirmala_Sitharaman" title="Nirmala Sitharaman">Nirmala Sitharaman</a></li> <li><a href="/wiki/Jayant_Sinha" title="Jayant Sinha">Jayant Sinha</a></li> <li><a href="/wiki/Arjun_Ram_Meghwal" title="Arjun Ram Meghwal">Arjun Ram Meghwal</a></li> <li><a href="/wiki/Pon_Radhakrishnan" title="Pon Radhakrishnan">Pon Radhakrishnan</a></li> <li><a href="/wiki/Anurag_Thakur" title="Anurag Thakur">Anurag Thakur</a></li> <li><a href="/wiki/Bhagwat_Karad" title="Bhagwat Karad">Bhagwat Karad</a> <span style="font-size:85%;">(incumbent)</span></li> <li><a href="/wiki/Pankaj_Chaudhary" title="Pankaj Chaudhary">Pankaj Chaudhary</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Chief_Economic_Advisor_to_the_Government_of_India" title="Chief Economic Advisor to the Government of India">Chief Economic<br />Advisor</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=JJ_Anjaria&action=edit&redlink=1" class="new" title="JJ Anjaria (page does not exist)">JJ Anjaria</a></li> <li><a href="/wiki/IG_Patel" class="mw-redirect" title="IG Patel">IG Patel</a></li> <li><a href="/wiki/IG_Patel" class="mw-redirect" title="IG Patel">IG Patel</a></li> <li><a href="/w/index.php?title=VK_Ramaswamy_(economist)&action=edit&redlink=1" class="new" title="VK Ramaswamy (economist) (page does not exist)">VK Ramaswamy</a></li> <li><a href="/wiki/Ashok_Mitra" title="Ashok Mitra">Ashok Mitra</a></li> <li><a href="/wiki/Manmohan_Singh" title="Manmohan Singh">Manmohan Singh</a></li> <li><a href="/w/index.php?title=RM_Honavar&action=edit&redlink=1" class="new" title="RM Honavar (page does not exist)">RM Honavar</a></li> <li><a class="mw-selflink selflink">Bimal Jalan</a></li> <li><a href="/wiki/Nitin_Desai" title="Nitin Desai">Nitin Desai</a></li> <li><a href="/wiki/Deepak_Nayyar" title="Deepak Nayyar">Deepak Nayyar</a></li> <li><a href="/wiki/Shankar_Acharya" title="Shankar Acharya">Shankar Acharya</a></li> <li><a href="/wiki/Rakesh_Mohan" title="Rakesh Mohan">Rakesh Mohan</a></li> <li><a href="/wiki/Ashok_K_Lahiri" class="mw-redirect" title="Ashok K Lahiri">Ashok K Lahiri</a></li> <li><a href="/wiki/Arvind_Virmani" title="Arvind Virmani">Arvind Virmani</a></li> <li><a href="/wiki/Kaushik_Basu" title="Kaushik Basu">Kaushik Basu</a></li> <li><a href="/wiki/Raghuram_Rajan" title="Raghuram Rajan">Raghuram Rajan</a></li> <li><a href="/wiki/Arvind_Subramanian" title="Arvind Subramanian">Arvind Subramanian</a></li> <li><a href="/wiki/Krishnamurthy_Subramanian" title="Krishnamurthy Subramanian">Krishnamurthy Subramanian</a></li> <li><a href="/wiki/V._Anantha_Nageswaran" title="V. Anantha Nageswaran">V. Anantha Nageswaran</a> <span style="font-size:85%;">(incumbent)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Finance_Commission" title="Finance Commission">Finance commissions</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/First_Finance_Commission" title="First Finance Commission">1st</a></li> <li><a href="/wiki/Second_Finance_Commission" title="Second Finance Commission">2nd</a></li> <li><a href="/wiki/Third_Finance_Commission" title="Third Finance Commission">3rd</a></li> <li><a href="/wiki/Fourth_Finance_Commission" title="Fourth Finance Commission">4th</a></li> <li><a href="/wiki/Fifth_Finance_Commission" title="Fifth Finance Commission">5th</a></li> <li><a href="/wiki/Sixth_Finance_Commission" title="Sixth Finance Commission">6th</a></li> <li><a href="/wiki/Seventh_Finance_Commission" title="Seventh Finance Commission">7th</a></li> <li><a href="/wiki/Eighth_Finance_Commission" title="Eighth Finance Commission">8th</a></li> <li><a href="/wiki/Ninth_Finance_Commission" title="Ninth Finance Commission">9th</a></li> <li><a href="/wiki/Tenth_Finance_Commission" title="Tenth Finance Commission">10th</a></li> <li><a href="/wiki/Eleventh_Finance_Commission" title="Eleventh Finance Commission">11th</a></li> <li><a href="/wiki/Twelfth_Finance_Commission" title="Twelfth Finance Commission">12th</a></li> <li><a href="/wiki/Thirteenth_Finance_Commission" title="Thirteenth Finance Commission">13th</a></li> <li><a href="/wiki/Fourteenth_Finance_Commission" title="Fourteenth Finance Commission">14th</a></li> <li><a href="/wiki/Fifteenth_Finance_Commission" title="Fifteenth Finance Commission">15th</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" 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