The Halwa ceremony marks the beginning of the 'lock-in' period during which all officials and staff directly involved in the budget preparation stay within the ministry premises till it is is tabled in Parliament
As part of the ceremony, Sitharaman also took a round of the Budget Press, a printing press that traditionally prints budget documents, besides extending her wishes to the officials concerned
Union budget halwa ceremony: Finance minister Nirmala Sitharaman has often been photographed stirring the dessert while it was being prepared.
Budget 2023: A customary halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins.
The halwa ceremony, marking the final stage of the Budget 2023 preparation process, was held in North Block on January 26, in the presence of Finance Minister Nirmala Sitharaman. A customary halwa ceremony is performed every year before the “lock-in” process of budget preparation begins.
A customary ‘Halwa’ ceremony will be held on Thursday, January 26, to mark the final stage of the Budget preparation process.
Union Finance Minister Nirmala Sitharaman will be presenting the Budget 2023-24 on February 1. RK Shanmukham Chetty presented the first Union Budget of independent India on November 26, 1947. On February 1, 2021, Sitharaman presented the first paperless budget due to the COVID-19 pandemic. Let’s take a look at some of the interesting facts to know about the key annual financial statement.
There have been 73 annual budgets, 14 interim budgets and four special budgets, or mini-budgets since Independence.
'Halwa ceremony' ahead of Budget 2022: Finance Minister Nirmala Sitharaman will kick off the celebrations by stirring the dessert in a traditional kadhai (cauldron) and then serve it to her colleagues.
Marking the final stage of the Budget-making process for the Union Budget 2021-2022, Halwa ceremony was held at Finance Ministry on January 23 in the presence of Finance Minister Nirmala Sitharaman. A customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins.
Finance Secretary Rajeev Kumar, Revenue Secretary Ajay Bhushan Pandey, Economic Affairs Secretary Atanu Chakraborty, DIPAM Secretary Tuhin Kanta Pandey, and Expenditure Secretary T V Somanathan too attended the customary pre-Budget event.