The only Finance Minister who did not present any budget

Finance Minister Nirmala Sitharaman is going to present the Union Budget on July 23. From the common man to bureaucrats and even farmers, everyone has high expectations from this budget. It is expected that this budget will be beneficial. This time the limit of PPF and 80C is also expected to increase. So know the special points of the budget.

When was the first budget of the country presented?

In the budget, the government presents the income and expenditure for the coming year. The government's estimate of the country's income and expenditure for the year started with the British budget. The first budget in the British period was presented on 7 April 1860, Finance member James Wilson presented the budget.

This finance minister has not presented a single budget

He is the only Finance Minister of the country who has not presented the budget during his tenure. KC Neogi was the Finance Minister of the country for 35 days in 1948. He was the only Finance Minister who did not present the budget. After him, John Mathai became the third Finance Minister of India.

Who presented the budget the most number of times?

Morarji Desai presented the budget of India the most number of times. As Finance Minister, he presented the budget 10 times. This includes 8 budgets and 2 interim budgets.

The red bag tradition is over

First, when the UK Finance Minister used to give information about the government's expenditure and income in the Parliament and kept it in a red leather bag. But the BJP government ended the tradition of the red bag.

When was GST mentioned for the first time in the budget?

On 28 February 2006, the then Finance Minister P. Chidambaram talked about GST for the first time in the budget. Chidambaram talked about tax for the first time during the tenure of UPA-2.

When did the talk of infrastructure start?

The word infrastructure was not even used in the general budget presented for 30 years after the country's independence. This word became a topic of debate in the 1990s. Today this infrastructure has made a special place in the country's economy.