India's Finance Minister Nirmala Sitaraman is set to present Budget 2026 tomorrow, with the speech expected to begin around 11 AM. But do you know who presented the first budget of independent India? India's Finance Minister Nirmala Sitaraman is set to present Budget 2026 tomorrow, with the speech expected to begin around 11 AM. Ramasamy Kandasamy Shanmukham Chetty presented the first Union Budget of Independent India on 26th November 1947.Who was Ramasamy Kandasamy Shanmukham Chetty? In the first Union Budget of independent India, total revenues amounted to Rs 171.15 crore, while the fiscal deficit was Rs 24.59 crore.

Source: dna January 31, 2026 08:28 UTC