Finance Minister Nirmala Sitharaman is ready to create new record when she will present her seventh budget

NDA Government: After becoming the Prime Minister for the third time, Narendra Modi has also assigned departments to all the ministers on Monday. Almost all the important departments will be handled by the previous ministers. The Finance Ministry has also been given to Nirmala Sitharaman once again. She has been the Finance Minister for five years. By presenting the interim budget in February 2024, she became the first Finance Minister to present six consecutive budgets. Earlier this record was in the name of former PM Morarji Desai. Now by presenting the seventh budget in July, she will go one step further. However, she will have to wait a few more years to break Morarji Desai's record of presenting the maximum 10 budgets.

5 full and one interim budgets have been presented

Prime Minister Modi has once again expressed confidence in Nirmala Sitharaman in his third term. Two-time Union Minister Nirmala Sitharaman has already presented six budgets, starting with the full budget of 2019. She was the Finance Minister for 5 years and has presented 6 budgets. These include 5 full and one interim budget. Earlier, she also became the Minister of State for Finance for a few months.

Major reforms done as Finance Minister

64-year-old Nirmala Sitharaman took over the reins of the Finance Ministry from Arun Jaitley in 2019. With this, she became the first woman in the country to be in charge of the Finance Ministry for a full term. The major reforms initiated by her as Finance Minister included reducing the base corporate tax from 30 percent to 22 percent. She also announced a special economic package of Rs 20 lakh crore to bring the economy out of the challenges of the Covid pandemic. This was about 10 percent of India's GDP.

Morarji Desai presented the maximum number of 10 budgets

Morarji Desai has presented the highest number of budgets in the country, i.e. 10. P Chidambaram is at the second position with 9 budgets and Pranab Mukherjee is at the third position with 8 budgets. After this Yashwant Sinha presented 7 budgets, CD Deshmukh presented 7 budgets and Manmohan Singh presented 6 budgets. The first woman to present a budget was Indira Gandhi. However, she presented this budget while being the Prime Minister.

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