Union Finance Minister Nirmala Sitharaman is set to create history today by presenting her seventh Union Budget in Parliament, surpassing the previous record of six budgets held by former finance minister Morarji Desai. Desai, who served as finance minister under Prime Ministers Jawaharlal Nehru and Indira Gandhi, also went on to become Prime Minister of India in 1977.
Sitharaman will deliver the budget at approximately 11 AM in the Lok Sabha. This timing represents a shift from the traditional 5 PM slot, a change instituted by finance minister Yashwant Sinha in 1999.
Today’s presentation marks a significant milestone in Indian fiscal policy, showcasing Sitharaman’s continued influence and leadership in shaping the country’s economic strategy.