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    Budget 2020: Traditional 'bahi khata' made appearance for the second time. Here's what it means

    Budget 2020: Traditional 'bahi khata' made appearance for the second time. Here's what it means

    Budget 2020: Traditional 'bahi khata' made appearance for the second time. Here's what it means
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    By CNBC-TV18  IST (Updated)

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    The red silk cloth called 'bahi khata' is referred to books of account maintained by traditional Indian businessmen.

    Finance Minister Nirmala Sitharaman carried the Budget documents in a red bag — reminiscent of the traditional 'bahi khata' (ledger) — as she headed to the Parliament. The red silk cloth called 'bahi khata' is referred to books of account maintained by traditional Indian businessmen.
    The 'bahi khata' debuted in 2019 when Nirmala Sitharaman ditched the budget briefcase as she headed to announce her first Union Budget.
    Finance ministers, before Sitharaman, used to bring the Budget documents in a briefcase, which was considered as a practice borrowed from the British traditions.
    "I thought it was better we move out from British handhold. And I thought it was good enough to do something on our own. It was easier for me to carry also and very Indian," Sitharaman had said in a briefing post Budget presentation last year.
     
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