James Wilson, the British economist, presented the first-ever budget in India in 1860. He is credited with introducing a financial budget in India framed upon the English model. Wilson was appointed to find a solution to India’s financial crisis caused by the mutiny of 1857.
Further Reading :
- Union Budget 2021 – 22
- List Of Finance Ministers Of India From 1946 To 2019
- List of Indian Government Ministries, Departments
Related Links | |
Taxation in India | Parliament and State Legislature |
List of Cabinet Ministers of India, 2021 | Indian Polity Notes |
Revolt of 1857 | Finance Commission of India |
Comments