Last Update: January 25, 2023, 23:43 IST
The traditional ‘halwa ceremony’ will be held in the presence of Finance Minister Nirmala Sitharaman on Thursday to mark the beginning of the compilation of the budget documents.
“The Halwa ceremony, marking the final phase of the budget preparation process for the Union Budget 2023-24, will be held tomorrow in the presence of the Union Minister for Finance and Corporate Affairs, Smt. @nsitharaman, at the Budget Press located inside North Block,” the Finance Ministry said in a series of tweets.
This time the ritual of halwa is coinciding with the Republic Day.
Like the last two Union Budgets, the Union Budget 2023-24 will also be delivered paperless.
Earlier, this ceremony marked the beginning of the budget printing exercise. However, for the first time the Budget 2021-22 was presented in paperless form. This was the first time since the first budget of independent India on 26 November 1947 that the documents were not physically printed.
The Union Budget 2023-24 is to be presented on February 1, 2023.
The budget documents will be available on the ‘Union Budget Mobile App’ on both Android and Apple OS platforms after the completion of the budget speech by the Finance Minister in Parliament on February 1, 2023.
The mobile app will facilitate complete access to 14 Union Budget documents, including the Annual Financial Statement (commonly known as the Budget), Demands for Grants (DG), Finance Bill, etc., as prescribed by the Constitution.
Another tweet said, “Along with the Union Finance Minister, the Halwa ceremony will be attended by Union Minister of State for Finance, Secretary, Ministry of Finance @FinMinIndia besides senior officials and members of the Union Budget press.”
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)