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Tuesday Feb 07, 2023

Union Budget 2023 | When the Prime Minister presented the budget, history was made, read some unheard stories


file photo

file photo

Delhi: Like every year the Finance Minister of the country presents the Union Budget in the Parliament, but something happened in the history of India when the Prime Minister of the country presented the budget. However, Finance Minister Nirmala Sitharaman is going to present the Union Budget 2023 on 1 February 2023. This will be the last budget of the second term of the Modi government. In such a situation, the common people have a lot of expectations from this budget. The first Prime Minister to present the country’s budget was Jawaharlal Nehru, the first Prime Minister of the country.

First woman Prime Minister Indira Gandhi presented the country’s budget

After him, his daughter and the country’s first woman Prime Minister Indira Gandhi presented the country’s budget while being the PM. Apart from this, Rajiv Gandhi has also presented the country’s budget while holding the post of Prime Minister. When Jawaharlal Nehru was the first Prime Minister of India. While Prime Minister, he held the Finance Ministry twice, and in 1958 Finance Minister TT Krishnachari had to resign, after which Nehru took over as Finance Minister on February 13, 1958. During this time, he presented the budget of 1958-1959 in front of the country, then Indira Gandhi presented the budget while being the Prime Minister. Later, Indira Gandhi took over the responsibility of the finance ministry. For this reason Indira Gandhi herself presented the budget of 1970-71.

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Arun Jaitley changed the tradition

By doing this, she also became the woman to present the budget in front of the country. Rajiv Gandhi was the third member of the Nehru-Gandhi family, who was also the Prime Minister of the country and presented the country’s budget while being the Prime Minister. In fact, after VP Singh, who was Finance Minister in Rajiv Gandhi’s government, was out of government, Rajiv Gandhi assumed the post of Finance Minister and presented the general budget of 1987-88 in front of the country. Until 1999, the Union Budget was presented at 5 pm on the last working day of February as per the practice of the British era. In 1999, former Finance Minister Yashwant Sinha changed the timing of presenting the budget to 11 am. Arun Jaitley began presenting the Union Budget on 1 February 2017, breaking the tradition of using the last working day of that month. Former Prime Minister Morarji Desai holds the record for presenting the longest budget in the country’s history. He presented 10 budgets during his tenure as finance minister during 1962-69, followed by P Chidambaram (9), Pranab Mukherjee (8), Yashwant Sinha (8) and Manmohan Singh (6). Was.



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