Question
Who presented the budget for the year 1947-48 in
India?Solution
• Shri R.K. Shanmukham Chetty presented India's first budget for the year 1947-48 after independence on 26 November 1947. • This budget was a review of the economic situation during the transitional period after India’s independence and partition. • The budget was presented in the Parliament to discuss the allocation of funds for the newly independent nation's development.
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