10 Facts You Should Know About Union Budget In India

By: Manasi Kamble | February 01, 2025

Former FM Morarji Desai presented Union Budget for record of 10 times.

The first Union Budget of Independent India was presented by RL Shanmukham Chetty on November 26 1947.

Budget used to be published only in English till 1955

PM Jawaharlal Nehru was the first PM to present the Union Budget for FY 1958-59

First woman to present the budget was Indira Gandhi in 1970. Nirmala Sitharaman is the second woman to do so

Nirmala Sitharaman presented the first 'Paperless Budget' on February 2021

GST was introduced by P Chidambaram in the budget on February 28, 2006.

Longest speech record has been held by Nirmala Sitharaman which lasted for 2 hours and 42 minutes in 2020s Budget' on February 2021.

PTI Photo

Timings of Budget presentation was changed from 5PM to 11AM in year 1999.

IANS

73 annual budgets have been presented so far.

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