Who has Presented Budget The Most Number of Times?
On February 1, 2025, Finance Minister Nirmala Sitharaman will create history by presenting her eighth consecutive Union Budget, making her the first finance minister in India’s parliamentary history to achieve this milestone. The upcoming budget for the financial year (FY) 2025-26 will be another significant contribution to the economic framework of the nation. Let us delve into the records, history, and evolution of India’s Union Budgets, highlighting Sitharaman’s record-breaking feat and exploring other notable milestones in the history of India’s financial statements.
Nirmala Sitharaman’s journey as Finance Minister began in May 2019, and she has since presented seven budgets consecutively:
The FY 2025-26 budget will not only add to her legacy but also mark her as a record-holder for the highest consecutive Union Budget presentations in India’s history.
While Nirmala Sitharaman is creating history with consecutive budgets, the record for presenting the most Union Budgets overall still belongs to Morarji Desai, a stalwart in Indian politics.
Morarji Desai, a leader of the Janata Dal, holds the record for presenting 10 Union Budgets during his political career. His tenure as Finance Minister was spread across different periods:
Desai’s contributions remain unmatched in terms of overall number, showcasing his deep involvement in shaping India’s economic policies during critical phases of its post-independence history.
Over the years, prime ministers have also played a pivotal role in the presentation of Union Budgets.
These instances reflect how leadership and governance at the highest level have influenced the preparation and presentation of India’s budgets.
The first Union Budget of independent India was presented by RK Shanmukham Chetty, India’s first Finance Minister, on November 26, 1947.
The Union Budget has witnessed significant growth over the decades, reflecting India’s expanding economy and developmental needs.
This comparison illustrates the remarkable journey of India’s economic policies, transitioning from a modest ₹197 crore in 1947 to a multi-trillion rupee economy today.
The Union Budget is not just an annual financial statement but also a blueprint of national priorities, showcasing the government’s focus areas for the year ahead.
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