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Who was Dr John Mathai?

Who was Dr John Mathai?

John Mathai was an economist who served as India’s first Railway Minister and subsequently as India’s Finance Minister, taking office shortly after the presentation of India’s first Budget, in 1948.

Who is the first Malayali finance minister of India?

Shanmukham Chetty was the Finance Minister of India when the country’s first budget was tabled in Parliament on 26 November 1947.

Who was first railway minister in India?

List of Railway Ministers

Name Term of office
1 John Mathai 22 September 1948
2 N. Gopalaswami Ayyangar 13 May 1952
3 Lal Bahadur Shastri 7 December 1956
4 Jagjivan Ram 10 April 1962

Who proposed the first budget of Republic of India in 1950?

Finance minister RK Shanmukham Chetty presented the first budget of Independent India. Total expenditure under the budget was earmarked at Rs 197.39 crore, out of which approximately Rs 92.74 crore (or 46 percent) was allocated for Defence Services.

Who is the first woman railway minister of India?

Surekha Yadav
Born Surekha R. Bhosale 2 September 1965 Satara, Maharashtra, India
Employer Indian Railways, CSTM, Central Railway.
Known for India’s first female (locopilot) train driver
Spouse(s) Shankar Yadav

Who presented first Indian Railway Budget?

John Mathai
John Mathai presented the first Railway Budget for independent India in November 1947. Mathai was also India’s second finance minister from 1949-51. Correct! John Mathai presented the first Railway Budget for independent India in November 1947.

Who is FM of Kerala?

The Current minister is Sri. K.N. Balagopal.

Who is known as TTK?

Tiruvellore Thattai Krishnamachari (1899–1974) was the Indian Finance Minister from 1956–1958 and from 1964–1966. Krishnamachari graduated from Madras Christian College (MCC) and was a visiting professor to the department of economics at MCC. He was popularly known as TTK.

Who is known as the father of railways?

George Stephenson
Engineer and inventor George Stephenson, regarded as the Father of Railways, has been honoured with a plaque 167 years after his death. Stephenson lived in Leicestershire while he planned the Leicester and Swannington Railway.

Who is known as father of Indian Railways?

Lord Dalhousie
Lord Dalhousie is known as the father of Indian Railways.

Who is the father of Indian budget?

P C Mahalanobis
The first budget of India was submitted on 18 February 1860 by James Wilson. P C Mahalanobis is known as the father of Indian budget.

Who is the first woman to budget in India?

After Desai’s resignation, Indira Gandhi, the then Prime Minister of India, took over the Ministry of Finance to become the first woman to hold the post of the Finance Minister. Hirubhai M. Patel, presented the shortest budget speech for the interim budget of 1977, which was mere 800 words long.