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Nirmala Sitharaman has changed tradition every time in the budget, will there be something new this time too?

Sagar Patel

By Sagar Patel

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Finance Minister Nirmala Sitharaman

The first budget of Modi 3.0 and the full budget for the financial year 2024-25 are expected to be presented by the end of next month. Finance Minister Nirmala Sitharaman will present this budget. With your presentation of this budget, a new record will automatically be created in the country. The question also arises whether any budget-related traditions will change this time.

Finance Minister Nirmala Sitharaman has equaled Morarji Desai’s record by presenting the country’s budget six consecutive times. Morarji Desai, before becoming Prime Minister of the country, held the position of Finance Minister several times. This time Nirmala Sitharaman will break this record by presenting the budget for the seventh consecutive time. At the same time, she has also registered in her name the record of becoming the country’s first full-time female Finance Minister.

Nirmala changed traditions related to budgeting.

Even before this, Finance Minister Nirmala Sitharaman was in the news for her choice of sarees on the day of the budget speech. At the same time, she has also changed many traditions. We’ll seeā€¦

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  1. Presenting her first budget of the year 2019, Finance Minister Nirmala Sitharaman abolished the briefcase that was prevalent since the British era. In its place it had given rise to the red colored ‘Bahi Khata’.
  2. Subsequently, the country’s first paperless budget was presented in the year 2021. He came to Parliament with a tablet and read his budget speech on it. This year his red ledger cover became a red binder cover.
  3. Their history of changing traditions also continued in the year 2022. Every year in the country, before the budget printing begins, the ‘Halwa Ceremony’ is held. Due to the impact of Corona, they did not perform this ritual that year and boxes of sweets were distributed to the officials of the Ministry of Finance. However, now this tradition has started again.
  4. Even in the year 2023, his budget speech was quite unique. This year he took a step to completely change the country’s tax system and made important changes to the slabs of the new tax regime. He also made this system the default tax system.
Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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