Budget 2024: Nirmala Sitharaman to break Morarji Desai's record Know interesting facts about the budget presented in independent India.
Nirmala Sitharaman: The Monsoon Session of Parliament begins on Monday. During this, the budget for the third term of Prime Minister Narendra Modi will also be presented. Finance Minister Nirmala Sitharaman is set to make history by presenting the seventh budget for the financial year 2024-25 on Tuesday. This will break the record of former Prime Minister Morarji Desai. However, Desai holds the record for presenting the most number of budgets. Sitharaman turns 65 next month. She became India's first full-time woman finance minister in 2019. This year, Prime Minister Narendra Modi formed the government at the Center for the second consecutive term. Since then, Sitharaman has presented six budgets in a row, including an interim budget in February this year. The figures for the financial year 2024-25 (April, 2024 to March, 2025) will be Nirmala Sitharaman's seventh budget in both her names, presenting consecutive budgets. He will break Desai's record. Desai presented five consecutive full budgets and one interim budget between 1959 and 1964. Following are some facts related to budget presentation in independent India: The first general budget of independent India was presented on November 26, 1947 by RK Shanmugam Chetty, the country's first finance minister. Former Prime Minister Morarji Desai presented a total of 10 budgets as Finance Minister during the tenure of Prime Minister Jawaharlal Nehru and later Prime Minister Lal Bahadur Shastri. Former finance minister P Chidambaram presented the budget 9 times. Pranab Mukherjee presented eight budgets during his tenure as Finance Minister. Former Prime Minister Manmohan Singh presented five consecutive budgets from 1991 to 1995 when he was the finance minister in the PV Narasimha Rao government. Sitharaman delivered the longest budget speech on February 1, 2020 lasting two hours and 40 minutes. Hirubhai Muljibhai Patel's interim budget speech of 1977 was a very short speech of 800 words. Budget is usually presented on the last day of February at 5 pm. The time was changed in 1999 and Yashwant Singh, the then finance minister in the Atal Bihari Vajpayee government, presented the budget at 11 am. The budget is presented at 11 am from that day. After this, in 2017, the budget presentation date was changed to 1st February so that the government can complete the parliamentary approval process by the end of March. Also Read- Kanwar Yatra: Nameplate dispute reaches Supreme Court, Yogi govt's decision to be heard tomorrow