Business Standard

The end of budget day carnival?

In India, the average length of a budget speech is about 13,600 words and takes over two and a half hours to complete

Nirmala Sitharaman

Finance Minister Nirmala Sitharaman holds a folder case containing a tablet with files of the Union Budget 2021-22 on it Photo: PTI

Dipankar Gupta Mumbai
Ever wondered why, in the first place, the Indian budget has always been such a media event? It is actually quite unique as in no Western democracy, least of all in Britain (the Westminster model), does the budget session raise more than a few low brows, a few protocol remarks, and that’s it. Harold Wilson, when he was Britain’s chancellor of the exchequer, put it perfectly when he had this to say about the budget: “Rather like a school speech day: a bit of a bore, but there it is.”

In India, we have been led to react differently. For
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Feb 24 2022 | 11:34 PM IST

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