Budget 2024: Finance Minister Nirmala Sitharaman is going to present the budget on 23 July 2024. Nirmala Sitharaman has presented 6 budgets including an interim budget and now she will present the budget for the seventh time. Different sectors have a lot of expectations from this budget. How much the budget will live up to these expectations will be known on July 23, but there are some interesting names related to the budget, about which very few people know. One such name is that of Epochal Budget. It is known as ‘Yugantkari Budget’ in Hindi. Let us know which Finance Minister presented this budget and why it was named ‘Yugantkari’.
budget of year 1991
In the year 1991, there was a government of PV Narasimha Rao of Congress. The Finance Minister of this government was Dr. Manmohan Singh. This year he made a historic Budget Introduced, which ushered in an era of economic liberalization by ending the License Raj. This budget was presented at a time when India was on the verge of economic collapse. In this budget, avenues for foreign investment were opened. Many important steps were taken under this. For example, customs duty was reduced from 220 percent to 150 percent. At the same time, many strict steps were also taken to promote exports.
Finance Minister will present the budget for the sixth consecutive time
Nirmala Sitharaman for the sixth consecutive time on February 1 Budget Will present. With this, she will equal the record held by former Prime Minister Morarji Desai of presenting five consecutive full budgets and one interim budget. Nirmala Sitharaman She is the first full-time woman finance minister, who has presented five full budgets since July 2019. Let us tell you that former Prime Minister Morarji Desai presented the budget maximum 10 times. This is the highest budget presented by any Finance Minister. He had presented budgets six times consecutively, including the interim budget.
