New Delhi: Finance Minister Nirmala Sitharaman will current the funds for the monetary 12 months 2024-25 on Tuesday. She is near creating historical past by presenting her seventh consecutive funds. On this means she’s going to break the file of former Prime Minister Morarji Desai. Nevertheless, the file of presenting the funds probably the most variety of occasions continues to be with Desai. It can stay in his identify even after this funds. It can take a while for Sitharaman to interrupt Desai’s file of presenting the funds probably the most variety of occasions. Morarji Desai has offered a complete of 10 budgets. Nirmala Sitharaman will flip 65 subsequent month. She was made the primary full-time girl Finance Minister of India in 2019. This 12 months, Prime Minister Narendra Modi shaped the federal government on the Middle for the second consecutive time. Since then, Sitharaman has offered six consecutive budgets, together with an interim one in February this 12 months.
This file related to Morarji Desai is not going to be damaged
The complete funds for the monetary 12 months 2024-25 (April 2024 to March 2025) will likely be her seventh consecutive funds. She’s going to surpass Desai’s file when it comes to presenting budgets constantly. Desai offered 5 consecutive full budgets and one interim funds between 1959 and 1964. It’s one other matter that Desai’s file of presenting probably the most budgets will nonetheless stay. Former Prime Minister Morarji Desai has offered a complete of 10 budgets as Finance Minister throughout the tenure of Jawaharlal Nehru and later Lal Bahadur Shastri.
The primary common funds of impartial India was offered on 26 November 1947 by the nation’s first Finance Minister RK Shanmukham Chetty. Former Finance Minister P Chidambaram offered the funds on 9 events. Pranab Mukherjee offered eight budgets throughout his tenure as Finance Minister. Former Prime Minister Manmohan Singh offered the funds 5 occasions in a row between 1991 and 1995, when he was the Finance Minister within the PV Narasimha Rao authorities.
Sitharaman holds the file for the longest funds speech
The longest funds speech was given by Sitharaman on February 1, 2020, for 2 hours and 40 minutes. The interim funds speech of Hirubhai Muljibhai Patel in 1977 is the shortest ever speech, which contained solely 800 phrases.
The funds was historically offered on the final day of February at 5 pm. In 1999, the time was modified and Yashwant Singh, the then Finance Minister within the Atal Bihari Vajpayee authorities, offered the funds at 11 am. Since then the funds is offered at 11 am.
After this, in 2017, the date of presenting the funds was modified to February 1, in order that the federal government might full the parliamentary approval course of by the tip of March.