10 months, 3 weeks ago
Did you know? Budget was presented at 5pm, not 11am, till 1999. Here's why
Hindustan TimesFinance Minister Nirmala Sitharaman is set to announce her sixth consecutive Budget on February 1. Yashwant Sinha suggested that the Budget should be presented at 11 am as it would allow time to analyse numbers and this would also allow more informed debate in the Parliament. On February 27, 1999, Yashwant Sinha presented the Budget at 11 am for the first time in India. From 1999 till 2017, the Union Budget was presented on the last working day in February but this was changed in 2017. Arun Jaitley announced that from 2017, the Budget would be presented on February 1 and not on the last working day.
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