Sanmukham Chetty

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Shanmukham Chetty

Sanmukham Chetty: Independent India's first Finance Minister belonged to the small but famous business community of Tamil Nadu, Nattukottai Chettiars

After Independence, Nehru chose R K Shanmukham Chetty as the first Finance Minister for his expertise on the subject. It was a controversial choice as Chetty was known to be pro-British in his political outlook. Chetty had to quit soon as there were allegations that he was favouring certain mills of Coimbatore.