John Mathai

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. Mathai graduated in economics from Madras Christian College. He presented two Budgets, but resigned following the 1950 Budget in protest at the increasing power of the Planning Commission and P.C. Mahalanobis. His nephew,Verghese Kurien, was the father of India's White Revolution. Dr.John Mathai Centre, Thrissur, located on the large plot of land donated by his family, is named in his honour.

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