Press Esc to close
Wednesday 03 September 2014
News updated at 10:14 AM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

Chidambaram to present India's 82nd budget, personal 8th

New Delhi, Feb 28, 2013(IANS)
Indian Finance Minister Palaniappan Chidambaram poses for photographs at his office in New Delhi, India, Wednesday, Feb. 27, 2013. Chidambaram will present the budget for the next fiscal year in parliament Thursday. (AP Photo

Finance Minister P. Chidambaram is set to present India's 82nd national budget in the Lok Sabha Thursday that will be the eighth such personal exercise for him -- two short of the record of 10 set by former prime minister Morarji Desai.






Since independence in August 1947, the country has seen a total of 25 ministers hold the finance portfolio. It has also seen 81 budgets -- 65 normal annual budgets, 12 interim budgets and four special-occasion budgetary measures, also called mini-budgets.


Among them, Morarji Desai presented eight normal and two interim budgets, which had taken his tally to a record 10 -- this remains unchallenged so far. Thursday will see Chidambaram equal the eight-budget track record of his predecessor, Pranab Mukherjee, who is now president.

Chidambaram, thus, will surpass Yashwant Sinha, Y.B. Chavan and C.D. Deshmukh who all presented seven budgets each. Prime Minister Manmohan Singh and the country's fourth finance minister T.T. Krishnamachari have presented six budgets each.

The next in line in terms of number of budgets presented are R. Venkataraman and H.M. Patel with three Budgets each, while Jaswant Singh, V.P. Singh, C. Subramaniam, John Mathai and R.K. Shanmukham Chetty have two each to their credit.

Among those who have presented one budget each all as prime ministers holding additional charge of the finance portfolio are Jawaharlal Nehru, his daughter Indira Gandhi and his grandson Rajiv Gandhi.

These apart, Charan Singh, N.D. Tiwari, Madhu Dandavate, S.B. Chavan and Sachindra Chaudhuri have also presented one budget each.

Among the 25 finance ministers since independence, the tenures of two leaders holding the finance portfolio -- Inder Kumar Gujral and Hemvati Nandan Bahugana -- did not afford them the pleasure of presenting a national budget.

Go to Top

Photo Gallery
England's Steven Finn survives a run out attempt

England's Steven Finn survives a run out attempt

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

President Pranab Mukherjee at Mata Vaishno Devi shrine on Tuesday. J & K Governor NN Vohra is...

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

India's Ravindra Jadeja celebrates after bowling England's Eoin Morgan

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

Shuttler PV Sindhu, bronze medalist at World Badminton Championship, speaking to the media with ...

England's Chris Woakes, right, is run out for 10 runs...

England's Chris Woakes, right, is run out for 10 runs...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Indian cricketer Yuvraj Singh, right, watches Jamaican sprinter Usain Bolt bowl during a...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

Dhoni And Jos Buttler at the fourth one-day international cricket match...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

A devotee carries a statue of the Hindu god Ganesh, the deity of prosperity, to be immersed into...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Ajinkya Rahane celebrates after scoring a century against England during the fourth One Day...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Cricketer Yuvraj Singh presents a bat signed by him to Olympic Gold Medalist sprinter Usain...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523