Sitharaman becomes India's 6th FM to present Budget 5 times in a row

Sitharaman becomes India's 6th FM to present Budget 5 times in a row

Daily Current Affairs   /   Sitharaman becomes India's 6th FM to present Budget 5 times in a row

Change Language English Hindi

Category : Business and economics Published on: February 02 2023

Share on facebook
  • Nirmala Sitharaman has become the sixth Finance Minister in independent India to present the Budget five times in a row. 
  • Others who have presented five consecutive annual financial statements include Arun Jaitley, P Chidambaram, Yashwant Sinha, Manmohan Singh and Morarji Desai. 
  • Sitharaman's budget for the fiscal year starting April 2023 is her fifth straight since 2019.
  • After taking charge of the Finance Ministry in the Modi Government in 2014, Jaitley presented five budgets in a row from 2014-15 to 2018-19.
  • It was in 2017, that Jaitley departed from the colonial-era tradition of presenting Budget on the last working day of February to 1st of the month.
  • In 2019, Sitharaman became the second woman to have presented the budget after Indira Gandhi, who had presented the budget for the financial year 1970-71.
  • It was under Yashwant Sinha that the time for presentation of the Budget was changed to 11am from 5 pm.
Recent Post's
  • PM Modi inaugurated Assam’s first bamboo-based bioethanol plant at Numaligarh Refinery Limited (NRL), boosting green energy and local development.

    Read More....
  • Albania became the first country to appoint an AI system ‘Diella’ as Minister for Public Procurement to ensure corruption-free governance.

    Read More....
  • India announced the opium poppy cultivation policy for 2025-26, supporting farmers and safe production of alkaloid medicines.

    Read More....
  • Indian boxer Minakshi won gold in the women’s 48kg category, defeating Kazakhstan’s Nazim Kizaybe 4-1.

    Read More....
  • Prof. Pradeep Kumar Prajapati assumed the role of Director at All India Institute of Ayurveda, New Delhi.

    Read More....
  • Indian women’s hockey team won the silver medal, losing 1-4 to China in the Asia Cup final.

    Read More....
  • The Indian Navy commissioned INS Aravali in Gurugram, enhancing maritime domain awareness and operational coordination.

    Read More....
  • PM Modi laid the foundation for ₹7,300 crore development projects in Manipur, enhancing infrastructure, connectivity, and welfare schemes.

    Read More....
  • India and Norway held their first Maritime Security, Disarmament, and Non-Proliferation Dialogue in Oslo to strengthen strategic cooperation.

    Read More....
  • Author Anand V. Patil received the Prof. V.K. Gokak Award in Bengaluru for his outstanding contributions to children’s literature.

    Read More....