Budget papers were first prepared in Hindi in 1955-56
CD Deshmukh, while introducing the budget for the year 1955-56 as the Finance Minister, circulated the Hindi version of the Budget Speech for the first time. Hindi versions of the Annual Financial Statement, and the Explanatory Memorandum were also circulated since that year. Notably, CD Deshmukh was the first Indian Governor of the Reserve Bank of India.