You are here: Home » Interim Budget 2019 » News
Business Standard

Interesting facts about the Budget every Indian should know

Did you know Morarji Desai presented two budgets on his birthday? Do you know who advanced the budget to Feb 1? Here's all that you ever wanted to know about the Indian budgetary exercise

Topics
Budget 2019  |  Railway Budget  |  Interim Budget 2019

BS Web Team  |  New Delhi 

MORARJI DESAI holds the record of presenting the most budgets, at 10

MORARJI DESAI holds the record of presenting the most budgets, at 10
1 / 10
 

 

INDIRA GANDHI is the only woman to have presented India's Union Budget

INDIRA GANDHI is the only woman to have presented India's Union Budget
2 / 10
 

 

R K SHANMUKHAM CHETTY presented India's first budget on November 26, 1947

R K SHANMUKHAM CHETTY presented India's first budget on November 26, 1947
3 / 10
 

 

A customary Halwa ceremony is performed 10-12 days ahead of the Budget every year

A customary Halwa ceremony is performed 10-12 days ahead of the Budget every year
4 / 10
 

 

MORARJI DESAI is the only finance minister to present a budget on his birthday on Feb 29, 1964 and 1968

MORARJI DESAI is the only finance minister to present a budget on his birthday on Feb 29, 1964 and 1968
5 / 10
 

 

In 1997-98, when I K Gujral's govt was on its way out, the Budget was passed without debate

In 1997-98, when I K Gujral's govt was on its way out, the Budget was passed without debate
6 / 10
 

 

P CHIDAMBARAM's 1997-98 Budget was termed as Dream Budget for lowering tax rates

P CHIDAMBARAM's 1997-98 Budget was termed as Dream Budget for lowering tax rates
7 / 10
 

 

YASHWANT SINHA changed the timing of Budget presentation to 11am from 5pm in 1999

YASHWANT SINHA changed the timing of Budget presentation to 11am from 5pm in 1999
8 / 10
 

 

Budget was presented on the last working day of Feb until 2016, but Jaitley changed it to Feb 1 in 2017

Budget was presented on the last working day of Feb until 2016, but Jaitley changed it to Feb 1 in 2017
9 / 10
 

 

In 2017, the was presented with the Union budget breaking a 92-year-old practice

In 2017, the railway budget was presented with the Union budget breaking a 92-year-old practice
10 / 10
 

 


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, January 31 2019. 14:28 IST