New Delhi, Jan. 30 -- The Union budget, which lays out a roadmap for India's fiscal and financial reforms, is a widely anticipated event every year. Over the years, various governments have tried to strike a balance between economic growth and social equality through allocation of the resources in their budgets. Finance minister Nirmala Sitharaman has a similar task cut out for her in the upcoming budget. Mint brings you interesting data points about budgets over the decades.

Parting pains

The economic burden of the massive humanitarian crisis created by the partition was evident in the first budget of independent India presented by R.K. Shanmukham Chetty in November 1947. The defence forces played a pivotal role in the rehabilitation o...