Budget Red Briefcase: Why the Red Briefcase for the Budget? Find Out the Reason
Every year, one thing that invariably catches attention while presenting the Union Budget is the red briefcase in the hands of the Finance Minister. This is not just a formal matter, but there are historical, cultural, and symbolic reasons behind it.
The tradition of presenting the budget in a red pouch started during the British era. In many countries around the world, including India, the budget is still presented in a red folder or briefcase in parliament. The color red is considered a symbol of energy, strength, enthusiasm, and new beginnings. Therefore, this color was chosen for important documents related to the country's economic future.
In Indian culture, the color red holds special significance. In Hinduism, this color is considered a symbol of auspiciousness, good fortune, and prosperity. The color red is associated with Goddess Durga, Lakshmi, and Hanuman. Red is widely used in auspicious events, worship, and weddings.
According to astrology, the color red enhances confidence, willpower, and courage. Therefore, by using a red briefcase during the budget presentation, the government conveys a message of strengthening and stabilizing the country's economy to the public. Hence, the red briefcase of the budget is considered a symbol of economic optimism along with tradition.
In Brief
The red briefcase attracts attention when presenting the Union Budget.
This is not just a formal matter.
There are historical reasons behind the briefcase.
It also has cultural significance.
Symbolic reasons are also associated with this briefcase.