Connect with us

Hi, what are you looking for?

India

Sitharaman dumps Budget briefcase for ‘bahi khaata’

Setting a new precedent Union Finance Minister Nirmala Sitharaman on Friday was seen hugging the budget documents wrapped in a red cloth, the traditional ‘bahi khaata’ way, instead of the leather briefcase that until now her predecessors marched out with.

Chief Economic Advisor K. Subramanian said that it was a departure from “slavery of western tradition”. The red cloth symbolises the ‘bahi khaata’ traditionally used in every Indian business set-up to maintain accounts.

Sitharaman was seen carrying the red cloth wrapped budget papers that was neatly bound with the auspicious yellow and red ribbon. The Lion Capital shone brightly on top of the bahi khaata, as the first-time Finance Minister walked out of the North Block.

Until now all former Finance Ministers have carried their Budget Document in a hardbound leather briefcase that takes after the parallel British custom — much like many of India’s laws and Parliamentary practices.

Even Piyush Goyal, who presented the Interim Budget in February had carried a briefcase of colour and size of his choice and posed for the iconic photograph outside Finance Ministry and then Parliament building.

She will be present the first budget of Modi2.0 at 11 am today.

(IANS)

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Politics

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae.

Science & Technology

Google has removed 85 apps from its Play Store after security researchers at Trend Micro found a particularly annoying adware hiding inside. “We found...

Education

Bengaluru-based Danish Educational Trust held its 16th Annual Scholarship Distribution program Sunday, where scholarships worth Rs 70 lakh were distributed to 250 students from across Karnataka....