Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
EcoSmart Fleece Hoodie Buy Now
Bronax Pillow Slippers Buy Now
Wide Leg Denim Mom Shorts Buy Now
JW PEI Jana Shoulder Bag Buy Now
Easy, Healthy Recipes with 7 Ingredients Buy Now
Real Essentials: UV Sun Shirt Buy Now
5pc Turtleneck Long Sleeve Tees Buy Now
Men's Wool Tweed Herringbone Trousers Buy Now
Kate Spade Kiya Sunglasses Buy Now
Women's Elastic Waist Running Shorts Buy Now
Beard Trimming Catcher Bib Buy Now
Women's Crochet Summer Top Buy Now
BIODANCE Bio-Collagen Deep Hydrating Mask Buy Now
Weatherproof Vintage Men's Jeans Buy Now
Classic Fit Signature Lux Cotton Stretch Pants Buy Now
Classic Quartz Resin Casual Watch Buy Now
Cleaning Gel for Car, Tools, Laptop and Keyboard Cleaner Buy Now
Legendary Whitetails Flannel Button-Down Shirt Buy Now
Genuine Leather Dress Designer Belts for men Buy Now
Lightweight Cotton Sport Jacket Buy Now
MoreBack to News Headlines
Budget Presentation Time Was Changed From 5 PM To 11 AM. Here's Why

Budget Presentation Time Was Changed From 5 PM To 11 AM. Here's Why

NDTV
Thursday, July 11, 2024 5:43 AM GMT

Budget 2024: While it is now a norm for the budget to be presented at 11 am, this was not always the case.

Finance Minister Nirmala Sitharaman will present the full Union Budget for 2024 on July 23. The highly anticipated budget is the BJP-led NDA government's first after its re-election for a third term. The budget is expected to outline the government's vision for the country's economic growth, development and fiscal policies for the upcoming financial year.The budget presentation will begin at 11 am in the Lok Sabha and will be broadcast live on various platforms. While it is now a norm for the budget to be presented at 11 am, this was not always the case. History: Time of Budget presentationUntil 1999, the Budget was presented at 5 pm, a tradition inherited from the colonial era. This timing was convenient for the British government, as it allowed for announcements in London and India simultaneously. As India is 5 hours 30 minutes ahead of the UK, the 5 pm timing in India corresponded to 11:30 am GMT, making it easier for the British government to coordinate the budget announcements.However, even after India gained independence, the 5 pm timing remained unchanged. It wasn't until 1999 that Yashwant Sinha, the then-finance Minister under the Atal Bihari Vajpayee-led government, decided to change the presentation time to 11 am. This change was made for two important reasons. Firstly, India was no longer a British colony, and therefore, didn't need to follow London's time zone. Secondly, he wanted to give lawmakers and officials more time to study and discuss the budget.On February 27, 1999, Yashwant Sinha presented the Union Budget at 11 am for the first time. This new timing became a permanent change, and since then, all Union Budgets have been presented at 11 am. History: Date of Budget presentationHistorically, the budget was presented on the last day of February. However, former Finance Minister Arun Jaitley broke away from this tradition and started presenting the budget on February 1. The change was made to allow for a smoother implementation of new budgetary policies from the start of the new financial year on April 1. The extra month provided a more practical timeframe for the government to put the budget plans into action. In 2016, the Railways Budget, which was earlier presented separately, was merged with the Union Budget, ending a 92-year-old tradition. 

Read full story on NDTV
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us