James Wilson, the finance member of the Indian council and founder of the newspaper The Economist, presented India's first Union Budget on April 7, 1860. The Budget was presented following the ...

The Union Budget is an ... (1980s-1990s): The 1991 Budget, presented by then Finance Minister Manmohan Singh, is widely regarded as a turning point in India’s economic history.

Jawaharlal Nehru, India's first Prime Minister, became the first to also present the Union Budget in 1958. This occurred after T T Krishnamachari, the then-finance minister, was compelled to ...

1.When was the first Union Budget presented in India? The first Union Budget was introduced in India on April 7, 1860, when Scottish economist and politician James Wilson from East India Company ...