When was the budget printed in Hindi for the first time?

Finance Minister Nirmala Sitharaman is expected to present the union budget on February 1 for the financial year 2025-26 with proposals containing the Centre’s expenditure, revenues and tax proposals.

This will be the second full budget of the NDA government since assuming power for the third time under Prime Minister Narendra Modi.

Delhi has never seen such poll campaign

A budget is a statement of the Centre’s estimated revenues and expenditures for a financial year. The term “budget” is not mentioned anywhere in the Indian Constitution.

Article 112 (Part 5) of the Constitution says that the President of India shall, in respect of every financial year, cause to be laid before both houses of the parliament a statement of the estimated receipts and expenditure for that year.

The budget or the annual financial statement is prepared by the Budget division under the Department of Economic Affairs in the Finance Ministry. The document is prepared in consultation with the NITI Aayog and the concerned ministries.