The Indian Union Budget will be presented in the parliament tomorrow, i.e. February 1 at 11 am.
The upcoming budget scheduled for February 1 will go paperless as the Finance Ministry has decided not to print the budget documents amid the pandemic. This is a historic move as it will be for the first time in the history of independent India that the budget papers will not be printed.
For the first time, there has been no lockdown in the finance ministry before the Budget presentation as the paperless exercise avoids the need for secrecy associated with printed documents. Usually, when the printing starts, printing staffers stay inside the press until the budget presentation. Only a few high-ranked officials are allowed access and that too on the basis of a special identity card. The special security forces man the entire facility, loading-unloading and transportation.
This is not the first time that there would be a change in tradition in the presentation of the budget under Finance Minister Nirmala Sitharaman. Last year, she did away with a colonial-era tradition of carrying Budget papers in a briefcase and introduced the Budget ‘Bahi Khata’ or a ledger, enclosed in a red cloth folder and tied with a string.
Watch out this space for salient features of the Union Budget, soon after the Budget speech.