The first Union budget of independent India was presented by R. K. Shanmukham Chetty on November 26, 1947.
The Union budgets for the fiscal years 1959-60 to 1963-64, inclusive of the interim budget for 1962-63, were presented by Morarji Desai. On February 29 in 1964 and 1968, he became the only finance minister to present [...]

Budget is a systematic plan for the expenditure of a usually fixed resource during a financial year. It is a detailed plan of the government’s finances and it is the most important economic and financial event in India.
The budget is usually anteceded by an economic survey which gives the general course for the budget [...]