Who is the First Finance Minister of India?

The first Finance Minister of independent India was R. K. Shanmukham Chetty. He assumed office on August 15, 1947, and played a crucial role in shaping the country’s early economic policies.

About R. K. Shanmukham Chetty

R. K. Shanmukham Chetty was a prominent economist and politician. He presented the first budget of independent India on November 26, 1947, focusing on the challenges of partition, rehabilitation, and economic stability.

Legacy

Chetty’s tenure as Finance Minister set the foundation for India’s financial administration. His efforts helped India transition smoothly into a new era of economic planning and governance.

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