Budget 2024: Finance Ministers Who Couldn’t Deliver the Budget, Here’s Why

Budget 2024

Budget 2024: The nation’s interim budget will be presented by Finance Minister Nirmala Sitharaman. On February 1st, the budget will be introduced in Parliament. Everything that needed to be done for this has been done. It has been declared by the Finance Minister that this budget will not contain any such declaration. Under such circumstances, a plethora of fascinating budgetary details are becoming apparent. Let us tell you about a finance minister in our nation who, although holding the position, was unable to propose the budget.

Finance Ministers Through History

Information indicates that in the history of India’s independence, 34 Finance Ministers have been appointed thus far. Currently serving as India’s Finance Minister is Nirmala Sitharaman. On February 1st, she will deliver her sixth budget. In addition, Nirmala Sitharaman holds the record for reading the longest budget speech in history—her speech lasted two hours and forty-one minutes.

Brief Stint of Kshitish Chandra Niyogi

Kshitish Chandra Niyogi, who served as the nation’s previous finance minister, was unable to deliver the budget. Let us inform you that he served as the Finance Minister for thirty-five days in 1948. He R. He replaced K Shanmukham Shetty in this role, although he left the position only 35 days after taking it on. He was unable to deliver the budget during this time.

Succession After Niyogi

For a relatively brief period of time, Niyogi served as India’s finance minister. Based on available data, he served as India’s second Finance Minister. John Mathai succeeded him as India’s third Finance Minister. That year, he delivered the budget speech. In addition to Kshitish Niyogi, another minister in the administration of Indira Gandhi was denied the opportunity to present the budget. In 1979, Hemwati Nandan Bahuguna was appointed Finance Minister in Indira Gandhi‘s cabinet; however, he was unable to present the budget during his term.

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