Union Finance Minister Nirmala Sitharaman is ready to current the interim budget for the fiscal yr 2024-25 on February 1, marking the final budget of the Narendra Modi authorities earlier than the Lok Sabha elections.
As the budget speech holds vital significance, it is fascinating to notice that Nirmala Sitharaman herself holds the record for delivering the longest budget speech.
During the 2020 Union Budget on February 1, Sitharaman started her presentation at 11 am and continued till 1:40 pm, talking for a powerful two hours and 42 minutes. Her speech was lower brief attributable to well being considerations, with solely two pages remaining. Lok Sabha Speaker Om Birla took over to finish the remainder of the budget studying.
In her first budget speech for the yr 2019-2020, Sitharaman spoke for two hours and 17 minutes. In 2022, her speech lasted for one and a half hours, making it her shortest-ever budget presentation.
The record for the most phrases in a budget speech belongs to Manmohan Singh, who delivered an 18,650-word speech in 1991 when he served as the Finance Minister of the Narasimha Rao authorities. This speech included vital bulletins relating to the liberalisation of the Indian economic system. In 2018, Finance Minister Arun Jaitley’s speech comprised 18,604 phrases.
On the different finish of the spectrum, the shortest budget speech was in 1977 by Finance Minister Hirubhai Mulljibhai Patel, with solely 800 phrases.
