First Indian Budget
The Budget was first
Mr Wilson |
introduced in
India on 7th April, 1860
from East-
India Company to British
Crown. The
first Indian Budget was
presented by
James Wilson on February
18, 1869.
Mr Wilson was the Finance Member of the India Council
that advised the Indian Viceroy. He was Scottish
businessman, economist and Liberal politician. He
foundedThe Economist and the Standard Chartered
Bank.
But he was also a largely selftaught man who had worked in his family occupation making and selling hats, before becoming a scholar and a writer largely based on his brilliance and knowledge of economics and commerce.
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