INSUBCONTINENT EXCLUSIVE:
Budget 2021: Budget 2021-22 is significant as it will be presented amid the COVID-19 crisisUnion Finance Minister Nirmala Sitharaman will
amid the ongoing COVID-19 crisis
The very first Budget of Independent India was presented on November 26, 1947, by the then Finance Minister RK Sanmukham Chetty, under Prime
Minister Jawahar Lal Nehru
This occasion may well be considered an historic one and I count it a rare privilege that it has fallen to me to be the Finance Minister to
The Budget statement in 1947 covered a period of seven and half months from August 15, 1947 to March 31, 1948, according to the data
available on Department of Economic Affairs' website - dea.gov.in.3
"With the division of the country and the emergence of two independent governments in place of old central government, the Budget for year
Out of the total expenditure, a sum of Rs 92.74 crore was estimated on account of the defence services.8
The customs receipts were placed at an amount of Rs 50.5 crore.9
earning departments or schemes.
