Finance Minister Nirmala Sitharaman will once again present the country’s budget on 1 February 2023. In such a situation, let us know about other interesting stories related to the budget…..
oi-Neeraj Kumar Yadav
Union Budget History: The budget for 2023-24 will be presented on 1 February. Finance Minister Nirmala Sitharaman will also present this year’s budget. Finance Minister Nirmala Sitharaman holds the record for the longest budget speech. According to the information, in 2019, he gave a continuous speech for 2 hours 12 minutes. At the same time, last year he broke his own record. He spoke for two hours and 42 minutes while presenting the budget for the year 2020-21. However, his speech could not be completed even in this time. When he closed his speech, he had two more pages left.
Shortest speech given during budget 2022-23
Nirmala Sitharaman’s shortest budget speech was of 2022. He read the budget speech only for a total of one and a half hours. Sitharaman has presented four budgets so far and in 2022 she has given her shortest budget speech ever! While his budget speech in 2021 was 100 minutes long.
On an average the budget speech is so long
On an average, the duration of the budget speech is 90 to 120 minutes. Before Nirmala Sitharaman, Jaswant Singh had the record of longest budget speech. In 2003, he presented the budget of 2 hours 15 minutes. At the same time, the shortest budget speech in the history of independent India was given by Hirubhai M. Patel in 1977. He gave an interim budget speech of only 800 words. Whereas in terms of words, Manmohan Singh gave the longest budget speech in 1991 under the PV Narasimha Rao government. Manmohan Singh’s speech had 18,650 words.
Union Budget 2023: How the budget started, know important information related to history | Oneindia Hindi
Import duty can be increased in 2023 budget
If media reports are to be believed then the import duty can be increased in the budget of 2023-24. According to the information, import duty can be increased on more than 35 items. However, it has not yet been told on which items the import duty will be increased. At the same time, no announcement has been made by the Finance Ministry regarding increasing the import duty.
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Union Budget History FM Nirmala Sitharaman holds record delivering the longest speech 2020-21
Story first published: Tuesday, January 10, 2023, 17:35 [IST]