Friday, March 1, 2013

On the Budget day 28 Feb 2013: Facts

Times of India:

Trivia: Since independence in August 1947, the country has seen a total of 25 ministers hold the finance portfolio. It has also seen 81 budgets -- 65 normal annual budgets, 12 interim budgets and four special-occasion budgetary measures, also called mini-budgets.
Budget trivia: Among the 25 finance ministers since independence, the tenures of two leaders holding the finance portfolio -- Inder Kumar Gujral and Hemvati Nandan Bahugana -- did not afford them the pleasure of presenting a national budget.
Apart from Chidambaram, only former Prime Minister Morarji Desai had presented Budget eight times.
Budget trivia: The first Indian budget was presented by James Wilson on Feb 18, 1869. His designation was Finance Member of the Indian Council that advised the viceroy. 

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