Press Esc to close
Saturday 21 January 2017
News updated at 6:49 PM IST
Weather
Max: 28.9°C
Min : 15.3°C
In Bengaluru
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
American citizens attend a vigil for democracy and to pay a tribute to former U.S. President...

American citizens attend a vigil for democracy and to pay a tribute to former U.S. President...

President Barack Obama and first lady Michelle Obama pose with President-elect Donald Trump...

President Barack Obama and first lady Michelle Obama pose with President-elect Donald Trump...

Barron Trump and Eric Trump arrive for inauguration ceremonies...

Barron Trump and Eric Trump arrive for inauguration ceremonies...

President Donald Trump walks with first lady Melania Trump after walking...

President Donald Trump walks with first lady Melania Trump after walking...

Incoming VP Pence, President-elect Trump, outgoing President Obama and outgoing VP Biden...

Incoming VP Pence, President-elect Trump, outgoing President Obama and outgoing VP Biden...

Army officers stand on Indian Army's Pinaka multi-barrel rocket launcher system...

Army officers stand on Indian Army's Pinaka multi-barrel rocket launcher system...

75,000 people gather for a mass protest to support Jallikattu in Coimbatore...

75,000 people gather for a mass protest to support Jallikattu in Coimbatore...

Students of an art school apply finishing touches to a portrait of President elect Donald Trump...

Students of an art school apply finishing touches to a portrait of President elect Donald Trump...

A worker removes snow from the roof of a hotel on a sunny day in Gulmarg, west of Srinagar...

A worker removes snow from the roof of a hotel on a sunny day in Gulmarg, west of Srinagar...

President Pranab Mukherjee with West Bengal Governor KN Tripathi, Chief Minister...

President Pranab Mukherjee with West Bengal Governor KN Tripathi, Chief Minister...

Like us on Facebook

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