Budget 2019: 5 Things To Know

– The first Union Budget of Independent India was presented by RK Shanmukhan Chetty on November 26, 1947.

– Indira Gandhi was the first woman Finance Minister to present the Union Budget in 1970. So, Nirmala Sitharaman will be the second woman Finance Minister to present the Union Budget in 2019. However, Nirmala will be the first full-time woman Finance Minister to present the budget since Indira Gandhi was also Prime Minister when she had presented the budget for 1970-71.

– Nirmala Sitharaman is going to present the 89th Union Budget (including interim budgets) today.

– The longest budget speech was made by Manmohan Singh in 1991 with 18,364 words. Arun Jaitley had come close to Manmohan’s record in 2014-15 budget speech with 16,552 words. Chidambaram delivered relatively smaller budget speeches.

– Morarji Desai holds the record for delivering highest number of budgets – 10. Chidambaram is the second to Morarji Desi as he delivered 8 budgets so far.


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