Union Budget 2025 to be held in 2 phase, who presented India’s first budget?

The Union Budget 2025 session of the Indian Parliament is structured into two distinct phases to facilitate comprehensive discussions and approvals.

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The first phase is scheduled from January 31 to February 13, 2025, during which the budget proposals are presented and initial discussions are held.

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February 13 to March 10, 2025, allowing various parliamentary committees to examine the budget proposals and the Demands for Grants of different ministries in detail.

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The session will reconvene on March 10 and continue until April 4, 2025, to finalize

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the budgetary process, including discussions on the demands for grants and the passage of the Appropriation Bill and Finance Bill.

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After India gained Independence, the first Union Budget of the newly independent nation was presented on November 26, 1947

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by RK Shanmukham Chetty, the first Finance Minister of independent India.

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