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Who holds the record of presenting the highest number of budgets during his tenure as the Finance Minister of India?
Question

Who holds the record of presenting the highest number of budgets during his tenure as the Finance Minister of India?

A.

Manmohan Singh

B.

Morarji Desai

C.

Pranab Mukherjee

D.

Shanmukham Chetty

Correct option is B

Morarji Desai holds the record for presenting the highest number of budgets in India. He presented 10 Union Budgets, including 2 interim budgets, during his tenure as the Finance Minister of India. His tenure spanned from 1958 to 1963 and 1967 to 1969.

Information Booster

  1. Interim budgets are presented when the government is in transition or during elections.
  2. Manmohan Singh presented 6 budgets, focusing on liberalization.
  3. Pranab Mukherjee presented 8 budgets, with reforms in taxation and infrastructure.
  4. Shanmukham Chetty was India’s first Finance Minister and presented the first Union Budget in 1947.
  5. Morarji Desai also served as the Prime Minister of India.
  6. His budgets emphasized fiscal discipline and resource mobilization.

Additional Knowledge

  • Manmohan Singh: Known for the 1991 budget introducing LPG reforms.
  • Pranab Mukherjee: Key budgets during the UPA regime.
  • Shanmukham Chetty: The first budget was focused on post-independence reconstruction.
  • Morarji Desai introduced the concept of Performance Budgeting in India.

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