In 2019, the Union’s budget was presented in a traditional ‘bahi-khata’ instead of a leather briefcase. It was the first time since independence that a finance minister had opted out of a briefcase or bound leather case.
The minister received a lot of attention in 2019 not only for wearing a ‘bahi-khata’, but also for implying the rich culture that the country possesses.
A ‘bahi-khata’ has a prominent place in Indian culture, tradition and history. For decades, the Indian way of managing accounts and keeping accounts was done in a ‘bahi-khata’. Traders, merchants, sailors and even small shopkeepers have retained this way of keeping their data.
However, in 2021, due to the Covid-19 pandemic, the government had to take necessary measures to maintain the security and safety of everyone. The finance minister went ahead with the first paperless budget with a digital tablet in a red colored cover with the national emblem on it.
That same year, the minister also launched the ‘
On Wednesday, the Budget documents will be available on the ‘Union Budget Mobile App’ on both
As every year, the Treasury Secretary will first visit the Northern Bloc on Raisina Hill ahead of the presentation of the budget on Wednesday. She will then meet President Droupadi Murmu and present the Union’s budget for 2023 at 11:00 am in parliament.
Earlier on Tuesday
Budget 2023 is likely to be the final full budget of the Modi government in its second term with the next Lok Sabha elections in April-May 2024. A large portion of the people expect lower taxes, borrowing rates and lower prices of essential goods.
The parliament’s budget session began on Tuesday with President Droupadi Murmu’s speech to the joint session, where she spoke on a variety of topics in her maiden speech after being elected to the country’s highest office last year.
Prior to the Budget Session of Parliament, Prime Minister
SEE ALSO: Nirmala Sitharaman arrives in North Block today ahead of Union Budget 2023
Sensex, Nifty50 likely to open higher ahead of Union Budget 2023: Adani Enterprises, Britannia, Reliance Industries among stocks in focus