The Trailblazing Woman Who Pioneered Budgeting in India: Unveiling the First Female Mastermind!

The first woman to budget in India was Indira Gandhi. She served as the Prime Minister of India from 1966 to 1977 and again from 1980 until her assassination in 1984.

For those who require additional information

Indira Gandhi, the first woman to present a budget in India, was a prominent figure in Indian politics. She served as the Prime Minister of India from 1966 to 1977 and again from 1980 until her assassination in 1984. Indira Gandhi’s contribution to budgeting in India was significant, as she played a crucial role in shaping the country’s fiscal policies and economic development during her tenure.

One interesting fact about Indira Gandhi’s budgetary policies is that she introduced the concept of “Garibi Hatao” (eradicate poverty) during her 1971 election campaign. This slogan reflected her commitment to implementing social welfare programs aimed at uplifting the underprivileged and reducing poverty in India. In her budgets, she emphasized the importance of investing in agricultural development, rural infrastructure, and poverty alleviation measures.

Indira Gandhi’s approach to budgeting was often described as pragmatic and focused on inclusive growth. She believed that economic reforms should prioritize the welfare of the common people. One of her famous quotes that captures her ideology is, “You must learn to be still in the midst of activity and to be vibrantly alive in repose.” This quote highlights her belief in maintaining a balance between economic progress and social well-being.

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Here is a table summarizing some key aspects of Indira Gandhi’s budgetary contributions:

Aspect Contribution
Social Welfare Emphasized poverty alleviation programs and rural development
Agricultural Growth Focused on boosting agricultural productivity and rural income
Infrastructure Development Invested in improving infrastructure for economic growth
Inclusive Growth Aimed at addressing the needs of the marginalized sections
Balanced Approach Prioritized economic progress alongside social welfare

As India’s first female budget presenter, Indira Gandhi’s impact transcended her gender, leaving a lasting legacy in India’s fiscal policies. Through her budgets, she not only sought to improve the economic conditions of the country but also championed the cause of the underprivileged. Her contributions to budgeting continue to inspire policymakers and economists to prioritize inclusivity and balanced growth in India.

The video begins with a lively introduction, featuring musical notes and applause to set the stage for the discussion.

See more answers I found

Former Prime Minister Indira Gandhi was the first and only woman till now to have presented the Union Budget. In 1970, she presented the Union Budget of India for 1970-71, after she took over the finance portfolio following the resignation of Morarji Desai as finance minister.

Union Budget 2021 -22: Former Prime Minister of India, Indira Gandhi was also the first woman Finance Minister of India.

Former Prime Minister Indira Gandhi was the first woman finance minister to present the Budget on 28 Feb, 1970.

Former prime minister Indira Gandhi was the first woman in India’s history to present the Budget in FY 1970-71. Nirmala Sitharaman became the first full-time woman Finance Minister to present the Budget in 2019.

• The first woman to present the budget of India. The current Union Finance Minister Nirmala Sitharaman is a woman, but before her another woman leader has presented the budget of India in the Parliament. Indira Gandhi was the first woman to present the budget of India in the Parliament.

Former Prime Minister Indira Gandhi was the first woman to have presented the Union Budget.

First woman to present the budget: Former prime minister Indira Gandhi was the first woman to present the budget of independent India.

Answer: B) Indira Gandhi Explanation: Indira Priyadarshini Gandhi was the first woman who presented the Union budget of India for the year 1970 – 71.

* FIRST WOMAN : In 2019, Sitharaman became the second woman to have presented the budget after Indira Gandhi, who had presented the budget for the financial year 1970-71.

Interesting facts on the topic

Fact: The first Union Budget of India, a concept introduced when the country was still under the British colonial rule, was presented on 7th April, 1860, by the then Finance Minister of India, James Wilson. The first Union Budget of Independent India was presented on November 26, 1947, by Sir R.K. Shanmugham Chetty (the first Finance Minister of Independent India). Here is a look at what they mean:
It is interesting: Union budget is published by the Finance Ministry and the Finance Secretary. The Secretary may issue orders to the Reserve Bank of India for making payment to the banks for clearing the liabilities. Union budget helps to understand the financial condition of the country and the state of finance in general. After preparing the budget, it is released to the market for auctioning or purchasing.

You will probably be interested

Who was the first woman to present the Budget of India?

Response to this: Former Prime Minister Indira Gandhi was the first and only woman till now to have presented the Union Budget. In 1970, she presented the Union Budget of India for 1970-71, after she took over the finance portfolio following the resignation of Morarji Desai as finance minister.

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Who among the following was the first woman presented Union budget in independent India?

As a response to this: Former Prime Minister Indira Gandhi was the first woman finance minister to present the Budget on 28 Feb, 1970. Experts say that Indira Gandhi’s budget presentation changed the government’s financial statement from a dry expression of facts into a political statement.

Which finance minister gave longest speech?

Answer: Manmohan Singh
In terms of the number of words, in 1991, Manmohan Singh, then finance minister in the Narasimha Rao government, delivered the longest Budget speech so far, which comprised 18,650 words.

Who was the finance minister of India in 1991?

Answer to this: Dr. Manmohan Singh
FM since Independence

S.No Year Finance Minister (Shri / Smt)
10 1991-96 Dr. Manmohan Singh
11 1990-91 Yashwant Sinha
12 1989-90 Madhu Dandavate
13 1988-89 S.B. Chavan

Who was the first woman to present the budget of India?

Answer: Indira Gandhi was the first woman to present the budget of India in the Parliament. In 1969, then Prime Minister Indira Gandhi withdrew the charge of the Finance Ministry from Morarji Desai, the Deputy Prime Minister and became the Finance Minister of her own government. Angered by this, Morarji Desai resigned from the Indira cabinet.

Who was the first woman to present the Union Budget?

Former Prime Minister Indira Gandhi was the first and only woman till now to have presented the Union Budget. In 1970, she presented the Union Budget of India for 1970-71, after she took over the finance portfolio following the resignation of Morarji Desai as finance minister. Your Mobile number and Email id will not be published.

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Who was the first Indian PM to present a budget?

As a response to this: In 1958, then Prime Minister Jawaharlal Lal Nehru became the first Indian PM to present the Budget after the resignation of then Finance Minister TT Krishnamachari. I *In 1970, then Prime Minister Indira Gandhi presented the budget when Finance Minister Morarji Desai resigned.

Who presents the budget in India?

Answer will be: *Usually the Finance Minister presents the Budget but there have been instances of the Prime Minister taking up the role earlier. In 1958, then Prime Minister Jawaharlal Lal Nehru became the first Indian PM to present the Budget after the resignation of then Finance Minister TT Krishnamachari. I

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