Budget 2021: Key Facts About India's Past Union Budgets

The first Union Budget of independent India was presented by the then Finance Minister RK Sanmukham Chetty on November 26, 1947, according to according to data available on Department of Economic Affairs' website — dea.gov.in. The first Union Budget of independent India targeted budget revenue of Rs 171.15 crore. The Union Budget statement, presented by Mr Chetty, covered a period of seven-and-half months from August 15, 1947, to...