The Department of Finance is a department of the Government of Jharkhand. It is responsible for managing the state’s public finances, including preparation and presentation of the annual budget, mobilisation of revenue, and ensuring financial discipline. The department also oversees treasuries, accounts, institutional finance, and allocation of resources to government programmes. Its headquarters is located at Project Bhawan, Dhurwa, Ranchi.Finance Department, Government of Jharkhand – Official Website

Functions The functions of the Department of Finance, Government of Jharkhand, include:About – Finance Department, Government of Jharkhand

Formulating rules and regulations for financial administration and accounting, including preparation of financial codes and interpreting questions of financial nature. Preparing the Annual Finance Statement and Supplementary Expenditure Statement, managing re-appropriation, savings, and reversion in departmental budgets. Liaising with the State Finance Commission and arranging funds for the implementation of its recommendations. Managing state revenue collection, public debt, borrowings, and loans given by the state government. Overseeing service conditions of government employees relating to pay, allowances, pay revisions, pay fixation, and related administrative financial matters. Providing financial advice to other departments, coordinating scheme implementation, and monitoring institutional and non-budgetary finance sources.

Ministerial team The Department of Finance is headed by the Cabinet Minister for Finance in the Government of Jharkhand. Since December 2024, Radha Krishna Kishore holds the portfolio of Finance Minister.

The administrative head of the department is the Finance Secretary, who is supported by Special Secretaries and other senior officials. Since January 2024, Prashant Kumar is serving as Secretary of Jharkhand's Finance Department.Finance Department – Directory of Officers, Government of Jharkhand

List of Finance Ministers S. No NamePartyTermChief Minister1.Mrigendra Pratap Singh15 November 200013 March 2003MarandiBabulal Marandi18 March 20032 March 2005Munda IArjun Munda2.Raghubar Das12 March 200514 September 2006Munda IIArjun Munda3.Stephen Marandi18 September 200627 August 2008KodaMadhu Koda27 August 200819 January 2009Shibu IIShibu Soren(2).Raghubar Das30 December 20091 June 2010Shibu IIIShibu Soren4.Hemant Soren11 September 201018 January 2013Munda IIIArjun Munda5.Rajendra Prasad Singh13 July 201328 December 2014Soren IHemant Soren(2).Raghubar Das28 December 201429 December 2019DasRaghubar Das6.Rameshwar Oraon29 December 20195 December 2024Soren IIHemant SorenChampaiChampai SorenSoren IIIHemant Soren7.Radha Krishna Kishore5 December 2024IncumbentSoren IVHemant Soren

See also Government of Jharkhand Ministry of Finance (India) Jharkhand Gazette

References