Budget Halwa Ceremony - Latest News Update, Information, Photos & Videos on Budget Halwa Ceremony at Lokmat Times

Union Finance Minister Nirmala Sitharaman will present the Budget for fiscal year 2022-23 on February 1, the ball of which will be set rolling with " ceremony" - a tradition that marks the final stage of the Budget-making process. The " ceremony" is generally organised at the Finance Ministry headquarters in the Secretariat building’s North Block basement in the national capital. The Finance Minister kicks off the celebrations by stirring the dessert in a traditional (cauldron) and then serves it to her colleagues. The ministers of state (MoS Finance) and other top officials of the ministry are present during the ceremony.This ritual also sets the stage for a significant event soon after. The North Block becomes Fort Knox for 10-odd days up to the presentation of the Budget, where all officials and staff involved in the Budget-making process isolate themselves to maintain rigid secrecy about the document. Even the Finance Minister is bound by strict rules. However, she is the only one allowed to move in and out of the building during this period. Last year officials did not have to stay back as a paperless Budget was presented for the first time ever. The " ceremony" earlier used to mark the commencement of the printing of the Budget document. As there was no printing last year, the ceremony took place nine days ahead of the presentation.Last year, the government also launched the Union Budget mobile app that provides people digital access to the Budget. The "halwa ceremony" is organised as an effort to recognise and appreciate the efforts of the staff involved in the long-drawn Budget-making process that lasts months. The halwa is served to everyone who worked on the key document. The tradition has been carried out for decades in the basement of the North Block that also houses the special printing press, which printed the Budget documents from 1980 until 2020.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Budget Halwa CeremonyFOLLOW

Budget halwa ceremony, Latest News

National :Union Budget 2023: All you need to know about the Halwa Ceremony and its Significance

Union Finance Minister Nirmala Sitharaman will present the Budget for fiscal year 2022-23 on February 1, the ball of ... ...