India's Budget Tradition: From Briefcase to iPad, A Symbolic Evolution

Business
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News18•01-02-2026, 10:28
India's Budget Tradition: From Briefcase to iPad, A Symbolic Evolution
- •India's Budget presentation has evolved from a British leather briefcase to a digital tablet, reflecting changing times and national identity.
- •The first Finance Minister, R.K. Shanmukham Chetty, adopted the British tradition of carrying budget documents in a leather briefcase.
- •In 2019, Nirmala Sitharaman replaced the briefcase with a 'Bahi Khata' (red cloth-wrapped account book), symbolizing a 'Swadeshi' approach.
- •By 2021, the budget went completely paperless, with documents presented on a 'Made in India' tablet, combining tradition with technology for environmental benefits.
- •Budget 2026 is historic, being presented on a Sunday for the first time in independent India, with special trading sessions on BSE and NSE.
Why It Matters: India's Budget presentation has transformed from colonial briefcase to digital tablet, blending tradition with modernity.
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