Site icon News Azi

Union Budget 2023-24 | Government holds customary ‘halwa’ ceremony to mark final stage of Budget preparation

Union Finance Minister Nirmala Sitharaman during the ‘halwa’ ceremony.
| Photo Credit: Twitter/@FinMinIndia

The ‘Halwa Ceremony’, a customary event that marks the final stage of the preparation process of the Union Budget 2023-24, was held in North Block on January 26. Union Finance Minister Nirmala Sitharaman and other officials of the Ministry attended the event. The ceremony is performed every year before the “lock-in” process of the Budget preparation.

The Finance Minister began the ceremony by stirring the ‘halwa’ and served it to colleagues at the Ministry’s headquarters.

A customary Halwa ceremony is performed every year before the “lock-in” process. The “lock-in” of officials involved in Budget preparation is done to ensure secrecy of the Budget and the officers come out of the North Block only after the it is presented in Parliament by the Finance Minister.

Meanwhile, the Finance Ministry also said that the Union Budget 2023-24 will be delivered in paperless form, as it was done for the last two years. It will be presented on February 01, 2023.

“All the 14 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 available on the “Union Budget Mobile App” for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public using the simplest form of digital convenience. It is bilingual (English & Hindi) and will be available on both Android and iOS platforms,” the Ministry said in a statement.

“The Budget documents will be available on the Mobile App after the completion of the Budget Speech by the Finance Minister in Parliament on 1st February, 2023,” it further said.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@newsazi.com. The content will be deleted within 24 hours.
Exit mobile version