Finance Minister Nirmala Sitharaman Will present the budget proposal for the financial year 2022-23 on February 1.
The first budget in India was introduced on 7 April 1860 by James Wilson, a Scottish economist of the East India Company.
The first budget of independent India was presented on 26 November 1947 by the then Finance Minister RK Shanmukham Chetty.
The record of the longest budget speech is in the name of the current Finance Minister Nirmala Sitharaman.
Manmohan Singh holds the record for the maximum number of words in a budget speech. * in the year 1991 * total words 18,650
Most of the time this record of the budget is in the name of former Prime Minister Morarji Desai. (10 times)
For the first time in Budget 1999, Yashwant Sinha changed the time of speech from 5 in the morning to 11 in the morning.
Firstly, by changing the date of the budget speech, Arun Jaitley presented the budget speech in 2017 on February 1.
Earlier the budget was presented only in English. From the year 1955, it was introduced in both English and Hindi.
First Paperless Budget: The budget for the year 2021-22 was presented paperless after the Kovid-19 pandemic.
For the first time since 2017, only one budget was presented by including the railway budget in the general budget.
Since 1980, the printing of the budget is done within the Ministry of Finance. Till 1950, the budget was printed in Rashtrapati Bhavan.