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

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.

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