How did India’s earliest Finance Ministers shape the economic story of the country? In his new book India’s Finance Ministers: From Independence to Emergency (1947-1977), senior journalist AK Bhattacharya presents a detailed account of the work done by finance ministers in India’s first three decades since Independence. In an episode of the podcast From the Bookshelves, he speaks about how finance ministers like RK Shanmukham Chetty, John Matthai, CD Deshmukh, TT Krishnamachari and Morarji Desai balanced economic considerations with politics of their time, what is the difference between a politician becoming a finance minister versus an economist or professional, why political ideologies may often overpower economic considerations, and how this book can be read in the context of the current political and economic scenario of the country. Edited excerpts: