Finance minister Nirmala Sitaraman is all set to deliver the budget speech for the year 2023. The Union budget will be presented on the 1st of February at 11am
New Delhi: Finance minister Nirmala Sitaraman is all set to deliver the budget speech for the year 2023. The Union budget will be presented on the 1st of February at 11am.
It is interesting to note that former finance minister Hirubhai Mulljibhai Patel delivered the shortest Budget speech in 1977, which had only 800 words. This was later followed by Finance minister Nirmala Sitaraman in the year 2022. Sitharaman started the speech at 11:00 am and concluded at 12:30 pm. The speech ran for 90 minutes, which is the shortest during her tenure as the Finance Minister of the country.
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Contrastingly, The 2020 Union Budget presented by Sitharaman is the longest Budget speech in India’s history, she had spoken for 2 hours and 17 minutes.
Despite having the greatest duration, her speech ranks third in terms of word count. The 13,275-word address is still short of Dr. Manmohan Singh’s 1991 Budget Speech (18,650 words) and Arun Jaitley’s 2018 Budget Speech (18,604 words).
Sitharaman used a tab rather than the “bahi-khata,” which was first used in 2019, to read the Budget 2022 address in the parliament. Sitharaman had read the Budget from a tab also the previous year. This was the first time the Union Budget had been delivered digitally.
Mahindra and Mahindra chairman Anand Mahindra commented on the length of the FM’s speech of 2022 on Twitter. “Brevity has always been a virtue. @nsitharaman ‘s shortest budget address may prove to be the most impactful…,:” said Mahindra.
Since the advent of the Modi government in 2014 the following ministers delivered the budget; Arun Jaitley (2014-15), (2016-17), (2017-18).
In the year 2019, Finance minister Nirmala Sitaraman delivered her maiden speech. Since then, the budget for the years 2020, 2021, 2022 have been presented by Sitaraman.
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