Budget 2023: Nirmala Sitharaman to lead halwa ceremony tomorrow

A halwa ceremony can be held on Thursday forward of the ‘lock-in’ course of for these concerned within the 2023 Funds preparation. The occasion can be led by Finance Minister Nirmala Sitharaman, and marks the ultimate stage of preparation for the Union Funds.

What’s a halwa ceremony?

With the intention to preserve secrecy, officers concerned in making the Funds endure a ‘lock-in’ course of, solely to emerge from the North Block after the presentation on February 1. The halwa ceremony is a send-off of kinds and is attended by all high officers. It additionally recognises and appreciates the various staffers who’re a part of the Funds-making course of.

The finance minister begins the ceremony by stirring the halwa within the kadhai after which serves it to colleagues on the ministry’s headquarters within the nationwide capital.

The ceremony had been curtailed final yr in gentle of the COVID-19 pandemic. As an alternative, sweets had been supplied to the core employees as a result of present process ‘lock-in’ at their workplaces.

What comes after the halwa ceremony?

The annual custom marks the place to begin for all Funds-related occasions. Following the ceremony the workers who’re a part of the Funds-making course of transfer to the basement of the north block for roughly 10 days.

They are going to stay there till Finance Minister Nirmala Sitharaman presents the annual Funds on February 1. That is accomplished to make sure that there are not any leaks. 

The Union Finance Ministry prepares the funds in session with the Niti Aayog and anxious ministries.

 

(With inputs from businesses)

 

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