Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • IPL 2026 | Klaasen-Kishan duo takes SRH to 235/4 as PBKS drop catches galore
    IPL 2026 | Klaasen-Kishan duo takes SRH to 235/4 as PBKS drop catches galore Sports
  • Rupee falls 11 paise to 94.95 against U.S. dollar
    Rupee falls 11 paise to 94.95 against U.S. dollar Business
  • Access Denied
    Access Denied Nation
  • Tigress Zeenat gives birth to four cubs in Similipal
    Tigress Zeenat gives birth to four cubs in Similipal Nation
  • Brook and Root set batting records with 800-run England close to famous win over Pakistan
    Brook and Root set batting records with 800-run England close to famous win over Pakistan Sports
  • Year after Israeli strikes killed journalists at hospital, no one has been held accountable
    Year after Israeli strikes killed journalists at hospital, no one has been held accountable World
  • Access Denied
    Access Denied Nation
  • Poland suggests Russia is behind railway blast on Ukraine delivery line
    Poland suggests Russia is behind railway blast on Ukraine delivery line World
Nirmala Sitharaman participates in customary ‘halwa’ ceremony that marks final stage of Budget preparation

Nirmala Sitharaman participates in customary ‘halwa’ ceremony that marks final stage of Budget preparation

Posted on July 16, 2024 By admin


Union Finance Minister Nirmala Sitharaman is seen with Ministry officials during the ‘halwa’ ceremony, which marks the final stage of Budget preparation in New Delhi on July 16, 2024. Photo: X/@FinMinIndia

Finance Minister Nirmala Sitharaman on July 16 participated in a traditional ‘halwa’ ceremony, marking the final stage for preparation of Union Budget 2024-25 to be unveiled on July 23 in Lok Sabha.

The ceremony is a ritual in which traditional dessert ‘halwa’ is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the budget.

It is organised in the basement of North Block, which houses the ministry in the national capital and is attended by the finance minister and other high-ranking officials.

“The final stage of the Budget preparation process for Union Budget 2024-25 commenced with the customary Halwa ceremony in the presence of Union Minister for Finance and Corporate Affairs Smt. @nsitharaman, in New Delhi, today,” the Finance Ministry said in a post on X.

As part of the ceremony, the finance minister also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned.

Like the previous three full Union Budgets and one Interim, the full Union Budget 2024-25 will also be delivered in paperless form.

All the Union Budget documents, including the Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution, will be available on the “Union Budget Mobile App” for hassle-free access to Budget.

Besides Sitharaman, Minister of State for Finance Pankaj Chaudhary and other senior officials, including Finance Secretary T V Somanathan, Economic Affairs Secretary Ajay Seth, and Financial Services Secretary Vivek Joshi were present at the ceremony.

The final stage of the Budget preparation process for Union Budget 2024-25 commenced with the customary Halwa ceremony in the presence of Union Minister for Finance and Corporate Affairs Smt. @nsitharaman, in New Delhi, today. (1/4) pic.twitter.com/X1ywbQx70A

— Ministry of Finance (@FinMinIndia) July 16, 2024

  

Halwa ceremony

It is a kind of a ‘send-off’ for finance ministry officials and staff involved in the preparation of the Union government’s annual financial statement. They enter what is called a ‘lock-in’ period, during which they stay in the basement of North Block, cut off from the world outside with a view to maintaining the secrecy around the final budget document.

They will emerge only after the finance minister completes her Budget speech in the Lok Sabha. It is considered a gesture of appreciation for those who have worked on the Budget. The basement of North Block houses a printing press that was traditionally used to print budget documents for 40 years from 1980 to 2020.

Thereafter, the budget went digital with bare minimum documents printed and the bulk distribution happening via mobile app or on the website. Going digital also meant that the lock-in period has become shorter to just five days from the previous one which lasted up to two weeks.

Printing Press

All Budget-related documents are printed at North Block itself using a dedicated government press. Earlier, the documents were printed at Rashtrapati Bhavan, but this was shifted to a press on Minto Road in the national capital in 1950 after documents were leaked, and in 1980 to North Block. The printing of several hundred copies of the voluminous budget documents was such an elaborate exercise that printing staff had to be quarantined inside the printing press in the basement of North Block for up to two weeks.

Tradition

While the Narendra Modi government has done away with several traditional aspects of the Budget since coming to power in 2014, such as merging the Rail Budget with the main Budget, bringing forward the date of presentation to February 1 instead of the last date of that month, and moving to a digital format — the ‘halwa’ ceremony as a tradition has survived.





Source link

Business Tags:customary ‘halwa’ ceremony, final stage of Budget preparation, halwa ceremony for budget preparation, Union Budget 2024-25, Union Finance Minister Nirmala Sitharaman

Post navigation

Previous Post: Food price anxiety may recede with sowing upswing
Next Post: Bangladesh Orders Nationwide School Closures After Violent Student Protests

Related Posts

  • Revised GST rates from September 22 has a West Bengal influence, says Union Finance Minister
    Revised GST rates from September 22 has a West Bengal influence, says Union Finance Minister Business
  • Hindustan Zinc to pay ₹19 as second interim payout
    Hindustan Zinc to pay ₹19 as second interim payout Business
  • Rupee vs dollar: Volatility in forex markets in 2025
    Rupee vs dollar: Volatility in forex markets in 2025 Business
  • Access Denied Business
  • Insurance stocks in limelight; Star Health up over 9% as life, health insurance exempt from GST
    Insurance stocks in limelight; Star Health up over 9% as life, health insurance exempt from GST Business
  • Rupee falls 2 paise against US dollar in early trade
    Rupee falls 2 paise against US dollar in early trade Business

More Related Articles

Access Denied Business
Access Denied Business
New private investment plans slumped to 20-year low in Q1 New private investment plans slumped to 20-year low in Q1 Business
Access Denied Business
SpiceJet appoints Sanjay Kumar as Executive Director SpiceJet appoints Sanjay Kumar as Executive Director Business
Maruti Suzuki crosses three crore cumulative sales mark in domestic market Maruti Suzuki crosses three crore cumulative sales mark in domestic market Business
SiteLock

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • U.S. military says it killed 4 in strike on alleged drug-smuggling boat in Caribbean
  • Davis Cup: Czechs beat USA to qualify for finals
  • Ed Sheeran set to return to stage after Palestinian controversy
  • Asian Games 2026 opens in Japan with 11,000 athletes competing | LIVE updates
  • Union Home Minister Amit Shah falls ill in Hubballi, skips function

Recent Comments

  1. AlvinNet on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. AlvinNet on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. Jamesslits on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. MichaelClear on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. Jamesslits on UP Teacher Who Asked Students To Slap Muslim Classmate
  • “I’ve Delivered…”: Ignored India Star, Hero Of India’s Border Gavaskar Trophy, On Challenges
    “I’ve Delivered…”: Ignored India Star, Hero Of India’s Border Gavaskar Trophy, On Challenges Sports
  • Committee to probe ‘systemic issues’ behind repeated failure of PSLV rocket
    Committee to probe ‘systemic issues’ behind repeated failure of PSLV rocket Science
  • Human rights panel calls for effective early warning systems in human-wildlife conflict zones in Keralam
    Human rights panel calls for effective early warning systems in human-wildlife conflict zones in Keralam Nation
  • Access Denied Business
  • Iran-Israel war LIVE: Vance to travel to Pakistan on Tuesday for Iran talks, says reports
    Iran-Israel war LIVE: Vance to travel to Pakistan on Tuesday for Iran talks, says reports World
  • Access Denied World
  • “Won’t Go To BJP, JJP Will Be Most Important Party”: Dushyant Chautala
    “Won’t Go To BJP, JJP Will Be Most Important Party”: Dushyant Chautala Nation
  • Access Denied Sports

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.