[ad_1] When Budget documents were printed only in English, and why it changed

Jan 31, 2024

When Budget documents were printed only in English, and why it changed

ET Online

India's first Budget

On November 26, 1947, R K Shanmukham Chetty, the finance minister at the time, unveiled the first Union budget.

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The language barrier

For a long time since 1947, the Budget was only presented in English and the papers were in English too, reflecting the British Raj's ways.

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What changed?

Here is what changed after that.

Image Source: Agencies

CD Deshmukh's idea

When Finance Minister CD Deshmukh started the practice of printing the Budget documents in both Hindi and English during the 1955–56 fiscal year, the old rules changed.

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Breaking the shackles

This was done to break away from the shackles of the British government, long after India gained its independence.

Image Source: Agencies

Who is CD Deshmukh?

CD Deshmukh was the third Finance Minister of independent India and served in the portfolio from 1950 to 1956.

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RBI connect

Deshmukh was the first Indian governor of the Reserve Bank of India and a former civil servant.

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Physical to digital

Since Deshmukh's language change move, the Budget has gone through a lot of changes. Now, the Budget is printed and presented digitally and has done away woth physical papers.

Image Source: iStock

Thanks For Reading!

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