Budget 2023: How long will the Finance Minister’s budget speech, Sitharaman famous for long speech

Budget 2023: Union Finance Minister Nirmala Sitharaman will present the budget for the financial year 2023-24 on 1 February. This will be the fifth budget of the second term of the Modi government.

Union Finance Minister Nirmala Sitharaman will present the budget for the financial year 2023-24 on 1 February.

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Union Finance Minister Nirmala Sitharaman will present the budget for the financial year 2023-24 on 1 February. This will be the fifth budget of the second term of the Modi government. The Union Budget speech will start at 11 am on February 1. Finance Minister Nirmala Sitharaman will address the Lok Sabha on that day. There will be a question in the mind of many people that how long is the budget speech. So, let us tell you that the duration of the budget speech has been different in different years.

The longest budget speech of the year 2020

The budget speech can last anywhere between 90 to 120 minutes. The budget speech of the Finance Minister for the year 2020 was the longest speech in the history of independent India. That year’s budget speech lasted for about two hours and 40 minutes. After presenting for 160 minutes, she could not complete the last two pages and had to cut short her budget speech.

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At the same time, Sitharaman spoke for about two hours and 17 minutes in the budget of the year 2019. This speech broke the record of two hours 15 minutes long budget speech of the then Finance Minister Jaswant Singh in 2003. However, in terms of words, Manmohan Singh gave the longest budget speech at 18,650 words. At the same time, the shortest speech was of only 800 words. This was the speech of Home Minister Patel in the year 1977, when he presented the interim budget.

Sitharaman gave her shortest speech last year

At the same time, the time of Finance Minister Sitharaman’s budget speech last year was one hour and 30 minutes. This was Sitharaman’s shortest budget speech so far.

Nirmala Sitharaman also changed many traditions related to the budget while being the Finance Minister. For example, instead of a briefcase, she carried the budget document in a ledger. The Finance Minister also presented the country’s first paperless budget. At the same time, he also got the Halwa ceremony done before the budget ended.

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In the budget making process, talks are held with every ministry but mainly the role of Finance Secretary, Revenue Secretary and Expenditure Secretary is important. All these give the estimated details of expenditure and earnings to the Finance Minister. Till the time the budget is not presented, the rounds of meetings go on.