James Wilson

The first Indian budget was presented in 1860 by Scottish economist and politician James Wilson.

Yashwant Sinha

In 2001, the then Finance Minister Yashwant Sinha changed the timing of the budget to 11 am. Until 2000, the budget was presented on the last working day of February at 5 pm

Moraji Desai

Moraji Desai presented the maximum number of budgets during his tenure as the Finance Minister; between 1962-69, he presented 10 budgets.

Nirmala Sitharaman

On 5 July 2019, Nirmala Sitharaman became the second woman after former PM of India Indira Gandhi to present the budget.

RK Shanmukhan Chetty

India’s first independent budget was presented by RK Shanmukhan Chetty on 26 November 1947.

Black Budget

The budget of 1973-74 is known in India as the ‘Black Budget.’ The budget deficit was Rs 550 crore.

Arun Jaitley 

Till 2016, the Union Budget was presented on the last working day of February. Former Finance Minister Arun Jaitley changed this tradition to 1 February.

Budget of Independent of India

The first budget of independent India was presented on 16 November 1947. It was introduced by the country’s first finance minister RK Shanukham Chetty. About 46% of this budget, about Rs 92.74 crore, was allotted for defense services.

Budget of Independent of India

The Union Budget country was leaked before presenting it in the House in 1950. After that, the printing work of the budget was shifted from Rashtrapati Bhavan to a press located on Minto Road. Then from the year 1980, the printing of the budget was done from the government press located in North Block.

Jawahar Lal Nehru

Jawaharlal Nehru was the first Prime Minister to present the budget. He held the portfolio of Finance Minister from 1958–59.

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