Neogy was a member of the
Indian National Congress and was elected as a member of the
Central Legislative Assembly in 1920, 1923, 1926, 1930 representing Bengal and was returned to the assembly in successive elections. He held a number of important posts in Government of India including Chairman of the Planning Advisory Board and Indian Railway Enquiry Committee. He attended the
Round Table Conferences representing the Orissa States. He was also a member of the
United Nations Commission on Human Rights. Neogy was elected as a member of the
Constituent Assembly of India and after independence became a member of the
First Cabinet of Independent India under
Jawaharlal Nehru as the Minister of Relief and Rehabilitation and later as Minister for Commerce. After the resignation of
R. K. Shanmukham Chetty, Neogy took charge as the second Finance Minister of India in 1948. He held office for just 35 days and did not get an opportunity to present a Budget since he resigned along with
Syama Prasad Mookerjee. On 22 November 1951, Neogy was appointed by the President of India as the chairman of the first
Finance Commission of India. Neogy had three children with his wife, Lila. His eldest son, Prithwish Neogy (1918–91), was a professor of art history at the University of Hawaii at Manoa, USA. == See also ==