Budget 2024: 7 interesting facts about Indian Budget you should know
india-news Jul 23 2024
Author: Ishwi Singh Image Credits:instagram
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Union Budget
The Union Budget is the financial plan for the country that outlines expected income and expenditure, typically for a year.
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First Budget
The first Union Budget of independent Indian was presented by RK Shanmukham Chetty in 1947.
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Budget presentation time
In 1999, during the Vajpayee government, former FM Yashwant Sinha changed the Budget presentation time from 5 pm to 11 am.
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Morarji Desai
Former Prime Minister Morarji Desai holds the record for presenting the most number of budgets. He presented a total of 10 budgets.
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P Chidambaram
Former FM P Chidambaram holds the record for presenting the second most number of budgets, with a total of 9.
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Shortest speech
Former FM Hirubhai Muljibhai Patel’s interim budget speech in 1977 is the shortest ever delivered. It consisted of only 800 words.
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Longest speech
Finance Minister Nirmala Sitharaman holds the record for delivering the longest budget speech. Her speech on February 1, 2020, lasted 2 hours and 40 minutes.