Department of Finance (Chhattisgarh)

Department of Finance
Government of Chhattisgarh
वित्त विभाग, छत्तीसगढ़ शासन

Indravati Bhawan, Atal Nagar (Directorate Headquarters)
Agency overview
FormedNovember 1, 2000 (2000-11-01)
Preceding agency
  • Department of Finance (Madhya Pradesh)
JurisdictionChhattisgarh
HeadquartersMahanadi Bhawan, Mantralaya, Nava Raipur
Annual budget₹1,65,000 crore (FY 2025-26)
Minister responsible
Agency executives
  • Mukesh Kumar Bansal, IAS,
    Secretary (Finance)
  • Shital Shashwat Verma, IAS,
    Special Secretary (Finance)
  • Chandan Kumar, IAS,
    Special Secretary (Budget-Resource)
Child agencies
  • Directorate of Treasuries and Accounts
  • Directorate of Institutional Finance
  • Chhattisgarh State Audit
Websitefinance.cg.gov.in

The Department of Finance (Hindi: Vitta Vibhāg), often referred to as the Finance Ministry, is a principal ministry of the Government of Chhattisgarh. It is the nodal agency responsible for the management of the state's economy, including fiscal policy, the preparation of the annual State Budget, and the administration of the Consolidated Fund of Chhattisgarh. The department is headed by the Minister of Finance, currently O. P. Choudhary since 29 December 2023.[1][2]

History

The department was established on 1 November 2000, following the creation of Chhattisgarh state. The inaugural Finance Minister was Ramchandra Singh Deo. Historically, the department has been overseen by several prominent leaders, including former Chief Minister Raman Singh, who held the portfolio for over a decade (2007–2018), and Amar Agrawal, who served as the Finance Minister from 2003 to 2007.

Key Functions

The department exercises control over the state's financial resources and maintains transparency through several technical wings:[3]

  • Budget Preparation: Formulation and presentation of the annual financial statement (Budget) in the Chhattisgarh Legislative Assembly. In March 2025, Minister O.P. Choudhary presented a record ₹1.65 lakh crore budget themed "GATI".[4]
  • Directorate of Treasuries and Accounts: Managing the statewide network of treasuries for government payments and receipts.
  • Institutional Finance: Coordination with the Reserve Bank of India (RBI) and commercial banks for state-sponsored schemes and Direct Benefit Transfer (DBT) monitoring.

List of Finance Ministers

No. Portrait Name Term Party Ref.
1 Ramchandra Singh Deo Nov 2000 – Dec 2003 Indian National Congress [5]
2 Amar Agrawal Dec 2003 – 2007 Bharatiya Janata Party [6]
3 Raman Singh 2007 – Dec 2018 Bharatiya Janata Party [7]
4 Bhupesh Baghel Dec 2018 – Dec 2023 Indian National Congress [8]
5 O. P. Choudhary Dec 2023 – Present Bharatiya Janata Party [9]

References

  1. ^ "OP Choudhary takes charge as Chhattisgarh Finance Minister". The Times of India. 29 December 2023. Retrieved 12 February 2026.
  2. ^ "Who is Who - Finance Department CG". Finance Department CG. Retrieved 12 February 2026.
  3. ^ "Directorate of Institutional Finance - About Us". Government of Chhattisgarh. Retrieved 22 January 2026.
  4. ^ "Chhattisgarh presents 1.65 lakh crore budget for FY26". The Hindu. 3 March 2025.
  5. ^ "Chhattisgarh's First Finance Minister Ramchandra Singh Deo". NDTV. 20 July 2018.
  6. ^ "Amar Agrawal: A Profile". The Hindu. 15 October 2023.
  7. ^ "CM Raman Singh retains Finance portfolio". India Today. 23 December 2008.
  8. ^ "Baghel retains Finance portfolio". The Hindu. 25 December 2018.
  9. ^ "OP Choudhary takes charge as Finance Minister". The Times of India. 29 December 2023.