Minister of Finance | |
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Ārdhika Śākha Mantrī | |
Department of Finance | |
Abbreviation | FM |
Member of | Andha Pradesh Cabinet |
Reports to | Governor of Andhra Pradesh Chief Minister of Andhra Pradesh Andhra Pradesh Legislature |
Appointer | Governor of Andhra Pradesh on the advice of the Chief Minister of Andhra Pradesh |
Inaugural holder | Yanamala Rama Krishnudu |
Formation | 8 June 2014 |
The Minister of Finance or Finance Minister is the head of the Department of Finance of the Government of Andhra Pradesh. The minister is one of the senior-most officers in the Cabinet of Andhra Pradesh, with as chief responsibility the maintenance of the state finances.
From June 2014 to May 2019, the Finance Minister of Andhra Pradesh was Yanamala Rama Krishnudu from the Telugu Desam Party, taking over the reins from Anam Ramanarayana Reddy [1] before the bifurcation of the state into the present-day residual Andhra Pradesh and Telangana. Following the cabinet formation on 12 June 2024, Payyavula Keshav assumed the office under the Chief Ministership of N. Chandrababu Naidu.
# | Portrait | Minister (Lifespan) Constituency | Term of office | Election (Term) | Party | Ministry | Chief Minister | Ref. | |||
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Term start | Term end | Duration | |||||||||
1 | Yanamala Rama Krishnudu (born 1951) MLC | 8 June 2014 | 29 May 2019 | 4 years, 355 days | 2014 (14th) | Telugu Desam Party | Naidu III | N. Chandrababu Naidu | [2] | ||
2 | Buggana Rajendranath (born 1970) MLA for Dhone | 30 May 2019 | 11 June 2024 | 5 years, 12 days | 2019 (15th) | YSR Congress Party | Jagan | Y. S. Jagan Mohan Reddy | [3] [4] [5] [6] | ||
3 | Payyavula Keshav (born 1965) MLA for Uravakonda | 12 June 2024 | Incumbent | 96 days | 2024 (16th) | Telugu Desam Party | Naidu IV | N. Chandrababu Naidu | [7] |
Yeduguri Sandinti Jagan Mohan Reddy, also known mononymously as Jagan, is an Indian politician, currently serving as the Member of Legislative Assembly (MLA) representing Pulivendula Assembly constituency in the Andhra Pradesh Legislative assembly. He served as the 17th Chief Minister of Andhra Pradesh from 2019 to 2024, and is the current president of the YSR Congress Party (YSRCP). He is also the son of Y. S. Rajasekhara Reddy.
The Third N. Chandrababu Naidu ministry of the state of Andhra Pradesh was formed on 8 June 2014 headed by N. Chandrababu Naidu as the Chief Minister following the 2014 Andhra Pradesh Legislative Assembly election.
Nirmala Sitharaman is an Indian economist, politician and a senior leader of the Bharatiya Janata Party (BJP) serving as the Minister of Finance and Minister of Corporate Affairs of the Government of India since 2019. She is a member of the Rajya Sabha, the upper house of the Indian Parliament, representing Karnataka since 2016 and previously represented Andhra Pradesh from 2014 to 2016. Sitharaman previously served as the 28th Defence Minister from 2017 to 2019, thereby becoming India's second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios. She served as junior minister in the Modi ministry between 2014 and 2017, holding successive positions, first for her dual appointment as the Minister of State in the Ministry of Finance and the Minister of State in the Ministry of Corporate Affairs from May to November 2014, and then as the Minister of State for the Ministry of Commerce and Industry from May 2014 to September 2017, before being elevated to senior posts within the Union Cabinet.
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Somireddy Chandra Mohan Reddy is an Indian politician from Sarvepalli in Nellore district of Andhra Pradesh and a member of the Telugu Desam Party. He is currently a member of the Legislative Assembly and a former member of the Legislative Council. Previously, he has held several cabinet ministerial positions in the state of Andhra Pradesh.