Who gave shortest Indian budget speech of 800 words?
Notably, the shortest ever budget speech contained only 800 words, given by HM Patel in the year 1977, while he presented the Interim Budget. In terms of time, the credit for the shortest budget speech ever goes to Pranab Mukherji for his 1982 Budget presentation.
Which finance minister is known for the shortest Indian budget speech?
Indira Gandhi’s FMs delivered the shortest speeches—Desai’s averaged 10,000 words, while Chavan averaged 9,300 words.
Who introduced budget more times in India?
1. Morarji Desai, the former prime minister and finance minister of the country, had presented 10 budgets in Parliament, which is the highest number by a single finance minister till date. P Chidambaram has presented the budget nine times.
How long is budget speech?
Usually, the duration of the presentation ranges from 90 to 120 minutes. Sitharaman’s Budget 2020 speech was the longest in terms of duration in independent India’s history. It continued approximately for two hours 40 minutes.
Who is the new finance minister of India?
Minister of Finance (India)
|Minister of Finance Vitt Mantrī|
|Emblem of India|
|Incumbent Nirmala Sitharaman since 31 May 2019|
|Ministry of Finance|
Which country passes budget two times in a year?
In Bahrain two-year budgets have been in use since 1978.
What do you mean by interim budget?
An interim budget is technically just like the full budget, but only for a temporary period. Like the Union budget, it contains a complete set of accounts, including expenditure and receipts. And like the full budget, the estimates are presented for the whole year.
Who is the founder of budget?
The first union budget of independent India was presented by R. K. Shanmukham Chetty on 26 November 1947.