Hours from now, Union Finance Minister Arun Jaitley will present the General Budget of world’s largest democracy in the Lok Sabha. All eyes will be glued to the TV sets across India, with many speculating about what exactly will happen in the Union Budget 2018. So before the Finance Minister makes his Budget speech, here’s a walk down the memory lane to know about Independent India’s first Union Budget. 1: Independent India’s first Union Budget was presented by RK Shanmukhan Chetty. 4: In his historic Budget speech, Chetty said, "I rise to present the first Budget of a free and independent India.

Source: dna February 01, 2018 03:14 UTC