UPI’s Record-Breaking Growth: What It Means for You

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                                                                                  Imagine walking into your favorite café, grabbing a coffee, and with just a tap on your phone—payment done. No fumbling for cash, no waiting for change. That’s the power of UPI, and India is embracing it like never before. January 2025 set a new record in digital payments, with nearly 17 billion UPI transactions amounting to a staggering ₹23.48 lakh crore. This milestone isn’t just a number; it reflects how deeply UPI has woven itself into our daily lives. Why Is UPI Growing So Fast? A few key factors have fueled UPI’s meteoric rise: ✅ Ease of Use: No need to remember long account numbers—just a mobile number or QR code does the trick. ✅ Widespread Adoption: Ove...
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Fascinating Budget Facts: From India’s First Budget to Nirmala Sitharaman's Record-Breaking Speeches





 

As the Union Budget for 2025 approaches, many are eagerly anticipating the announcements that will shape the country’s economic future. With Finance Minister Nirmala Sitharaman set to present her eighth budget on February 1, 2025, there's no better time to look back at some interesting facts about India’s Union Budget that you might not know. From the first-ever budget to record-breaking speeches, here are some quick and fascinating budget facts!


India’s First Budget

The very first Union Budget of India was presented on April 7, 1860, during British rule. But post-independence, the first Union Budget was introduced on November 26, 1947, by India’s first Finance Minister, R. C. Shanmukham Chetty. This moment marked a significant step in India’s financial and economic journey.

The Finance Ministers with the Most Budget Presentations
Did you know that former Prime Minister Morarji Desai holds the record for presenting the most Union Budgets? He presented the budget 10 times! He is followed by P. Chidambaram, who delivered the budget 9 times. Other key figures, including Pranab Mukherjee and Nirmala Sitharaman, have presented the budget 8 and 7 times, respectively.

The Longest Budget Speech
When it comes to delivering lengthy budget speeches, Finance Minister Nirmala Sitharaman holds the record. On February 1, 2020, she delivered an impressive 2-hour and 42-minute-long speech. The speech began at 11 AM and ran all the way until 1:40 PM, even though she faced health issues during the session.

These are just a few intriguing tidbits about the Union Budget. With February 1 drawing near, let's see what new and exciting developments this year’s budget brings!

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