Press Esc to close
Sunday 25 January 2015
News updated at 9:17 AM IST
Weather
Max: 28.7°C
Min : 17.3°C
In Bengaluru
Partially cloudy

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
Indian bottle artist Gowda displays glass jars containing welcome messages for U.S. President...

Indian bottle artist Gowda displays glass jars containing welcome messages for U.S. President...

Indian security personnel guards the hotel where U.S. President Barack Obama is expected to stay...

Indian security personnel guards the hotel where U.S. President Barack Obama is expected to stay...

A security camera installed outside the hotel where U.S. President Obama is expected to stay...

A security camera installed outside the hotel where U.S. President Obama is expected to stay...

A Sadhu performs a ritual by burning dried cow dung cakes in earthen pots overhead for salvation.

A Sadhu performs a ritual by burning dried cow dung cakes in earthen pots overhead for salvation.

Army Jawans during the full dress rehearsal for the Republic Day parade in Jammu on Saturday...

Army Jawans during the full dress rehearsal for the Republic Day parade in Jammu on Saturday...

Left leaders participate in a rally in Kolkata on Saturday to protest against US President Obama...

Left leaders participate in a rally in Kolkata on Saturday to protest against US President Obama...

Activists from Communist Party of India Liberation shout slogans during a protest against U.S...

Activists from Communist Party of India Liberation shout slogans during a protest against U.S...

Children run with the tricolour ahead of Republic Day, on the banks of the Brahmaputra River...

Children run with the tricolour ahead of Republic Day, on the banks of the Brahmaputra River...

Children of the labourers working at the venue of the Republic Day parade, play along the roadside..

Children of the labourers working at the venue of the Republic Day parade, play along the roadside..

AJP Abdul Kalam during the session at the Jaipur Literature Festival at Diggi Palace in Jaipur...

AJP Abdul Kalam during the session at the Jaipur Literature Festival at Diggi Palace in Jaipur...

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