Union Budget 2023: Finance Minister Nirmala Sitharaman will present the general budget in Parliament a few hours later today. Everyone is eagerly waiting for this budget. In the era of noise and retrenchment created around the world, people of different sections have different expectations from the Finance Minister.
It is believed that the Finance Minister can make populist announcements in the budget. But here we will talk about something different from the budget presented today. We will give you some such information related to the budget, about which you have hardly heard or read till now.
India’s first budget was presented in another country
Although the first budget of independent India was presented on 26 November 1947, but if we talk about the first budget of India, then it started in the British era. India’s first budget was presented in Britain on 7 April 1860 and passed. Then it was introduced by Finance Member James Wilson.
KC Niyogi never got a chance to present the budget
If we talk about the budget of independent India, till now there has been only one finance minister who could not present the budget. That finance minister was KC Niyogi. He is the only person who remained the Finance Minister but could not present the budget. In fact, in 1948, he held the post of Finance Minister for just 35 days. After him, John Mathai was made the third Finance Minister of India. After this he presented the budget.
This Finance Minister presented the budget the maximum number of times
You will be surprised to know that Morarji Desai holds the record of presenting the budget for the maximum number of times in independent India. Morarji Desai has presented the country’s budget ten times as the Finance Minister. This includes eight general budgets and two interim budgets.
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