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India’s iconic budget announcements through the years that changed the economy

India’s iconic budget announcements through the years that changed the economy
Budget1 min read

  • The Narendra Modi-led government is going to announce its second budget after winning Lok Sabha Election 2019.
  • The 1991 budget — also known as the Epochal budget — is the most crucial budget in the history of India.
  • Here are some important budget announcements that changed the shape of India’s economy.

The Union Budget 2020 might be the toughest one that the Modi government has yet to face. Not only does it have to revive a slowing economy with job losses and high inflation; it will also have to devise ways to fill its down slipping fiscal deficit.

But this is not the first time that an Indian budget changed the face of the country. Here’s a look at all the previous budget that shaped the economy of India

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