The tale of free India’s first Finance Minister R.K. Shanmukham Chetty’s resignation

A product of the Coimbatore elite, Chetty had a pretty long successful career. It was to his credit that the term, “mixed economy,” was first used in the Union government’s Budget document. He was influenced by nationalist and the Congress personalities, including Annie Besant, B.C. Pal, Lala Lajpat Rai, and was admirer of the Justice Party