Rediff.com  » Business » Sitharaman discards briefcase, carries 'bahi-khata'

Sitharaman discards briefcase, carries 'bahi-khata'

Source: PTI
July 05, 2019 11:39 IST
Get Rediff News in your Inbox:

In a departure from the past, India's first full-time woman Finance Minister Nirmala Sitharaman carried the Union Budget documents in a red bag, reminiscence of the traditional 'bahi-khata'.

IMAGE: Finance Minister Nirmala Sitharaman arrives to present the 2019 budget in Parliament. Photograph: Adnan Abidi/Reuters

Earlier, finance ministers in different governments used to carry a briefcase to present budget, which was considered as a tradition of colonial past.

 

Sitharaman is presenting the full Budget for 2019-20. She is carrying the Budget documents in a red silk bag with national emblem.

During the Atal Bihari Vajpayee government, the then finance minister Yashwant Sinha broke the one colonial tradition of budget presentation at 5 pm.

IMAGE: In a departure with tradition, the Budget documents were carried in a red silk bag with national emblem. Photograph: Adnan Abidi/Reuters

Since then all governments have been presenting the budget at 11 am.

Bahi-Khata is referred to books of account maintained by traditional Indian businessmen.

IMAGE: In February 2019, the then interim Finance Minister presented the Budget. He kept with tradition and carried the documents in a leather suitcase. Photograph: Adnan Abidi/Reuters

Commenting on the shift from a briefcase to bahi-khata, Chief Economic Advisor Krishnamurthy Subramanian said the government is following "Indian tradition".

"It is in Indian tradition. It symbolises our departure from slavery of Western thought. It is not a Budget, but a Bahi-Khata (ledger)."

Get Rediff News in your Inbox:
Source: PTI© Copyright 2021 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY 

Moneywiz Live!