IN PICTURES: 5 Finance Ministers who presented Interim Budgets in Indian political history

(Image: PTI)

Yashwant Sinha: He presented two Interim Budgets in the 1990s. The first one being Interim Budget 1991 in which he had announced to divest government equity in the PSUs via Vote on Account and the second one being Interim Budget 1998. A former professor at the University of Patna, the senior BJP leader served twice as the Finance Minister, once during 1990–1991 under the Chandra Shekhar government and again in 1998-2002 under late Atal Bihari Vajpayee government. (Image: PTI)

Pranab Mukherjee: Senior Congress leader Pranab Mukherjee presented Interim Budget 2009 in the capacity of the then Finance Minister under the Prime Ministership of Dr Manmohan Singh. The Congress leader was the most trusted minister in Indira Gandhi’s cabinet, who could have rose to Prime Ministership post after Indira Gandhi’s assassination in 1984. However, Pranab Mukherjee was amputated from the Congress when he launched Rashtriya Samajwadi Congress Mukherjee’s revival in Congress happened after the assassination of Rajiv Gandhi and he went on to become the most trusted advisor to Rajiv Gandhi’s wife Sonia Gandhi. (Image: PTI)

Piyush Goyal: For the first time in the history of Indian politics, an Interim Finance Minister will present the Interim Budget of the outgoing government ahead of General Elections 2019. Piyush Goyal, who has been recently given the charge of Union Finance Minister, will present the Budget on February 1, 2019. Goyal took over the position after Union Finance Minister Arun Jaitley had to undergo medical treatment in the United States days ahead of the Budget. (Image: PTI)

Jaswant Singh: Another BJP founding member, Jaswant Singh presented the Interim Budget 2004 on behalf of Atal Bihari Vajpayee led BJP government. The then Finance Minister did not shy away from extending LTCG for investing in listed firms for three more years. It was in Interim Budget 2004 that Jaswant Singh took too many steps beyond the constitutional propriety to limit new changes in Interim Budgets. (Image: PTI)

R K Shanmukham Chetty: The first budget of Independent India was delivered by R K Shanmukham Chetty on 26th November 1947 and interestingly the FM declared it as an Interim Budget in his second budgetary speech, the following year on 28th February 1948. Then FM Chetty explained in his second outing that “With the division of the country and the emergence of two independent governments in place of the old central government, the Budget for the current year 1947- 48 passed by the legislature last March ceased to be operative. (Image: GOI)