Union Budget 2024: Key facts and insights you need to know
Union Budget 2024: Prime Minister Narendra Modi led-government will present first full Budget in their third term after the 18th Lok Sabha polls in 2024 in the coming month, laying the roadmap for the next five years.
The last budget presented by the Finance Minister Nirmala Sitharaman was a vote on account due to the General Elections that were scheduled from April to May.
Here are some interesting Budget trivia that you should know:
India's First Budget:
Th history of first every budet dates back to pre-independence time when Scottish economist and politician James Wilson — of the East India Company — presented it to the British Crown on April 7, 1860.
However, if one goes to check first budget of country after being freed, the big document was presented on November 26, 1947 by then Finance Minister R K Shanmukham Chetty.
Longest Budget speech
Country's first and longest serving women Finance Minister, Nirmala Sitharaman, holds the title of delivering the longest speech when she spoke for two hours and 42 minutes while presenting the 2020-21 Union Budget on February 1, 2020. With two pages still remaining, she had to cut her speech short.
Interestingly, Sitharaman broke her own record of July 2019 — her maiden Budget — when she had spoken for two hours and 17 minutes.
Most wordy speech
While he is known for being a man of few words, former Prime Minister Manmohan Singh during his tenure as Finance Minister delivered the budget speech with the most words, 18,650, in 1991.
After Singh, the person who has
