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All you didn't know about Union Budget

ET Online

Jan 31, 2022

Union Budget

On February 1, Finance Minister Nirmala Sitharaman will deliver her fourth consecutive Union Budget.

Image Source: istock

First budget

On April 7, 1860, Scottish economist and politician James Wilson presented India's first budget.

Image Source: istock

Longest speech

When she presented the Union Budget 2020-21 on February 1, 2020, Sitharaman set a new record for the longest speech, speaking for 2 hours and 42 minutes.

Image Source: istock

Most words

In 1991, under the Narasimha Rao government, Manmohan Singh gave the longest Budget speech in terms of words, with 18,650 words.

Image Source: istock

Presenting most budgets

Former Prime Minister Moraraji Desai holds the record for the most budgets presented in the country's history.

Image Source: istock

Presentation time

Former Finance Minister Yashwant Sinha moved the budget presentation from 5 p.m. to 11 a.m. in 1999.

Image Source: istock

Language

The Congress-led administration chose to print the Budget papers in both Hindi and English.

Image Source: istock

Paperless budget

Due to the Covid-19 epidemic, the Budget for 2021-22 was made paperless for the first time in independent India.

Image Source: istock

Second woman presenter

After Indira Gandhi, who presented the budget for the fiscal year 1970-71, Sitharaman became the second woman to present the budget in 2019.

Image Source: istock

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