Union Budget 2023: 'Halwa Ceremony' held at Finance Ministry | Reason behind customary event

Union Budget 2023: The customary 'Halwa Ceremony' was held at Finance Ministry to mark the beginning of printing of documents relating to Union Budget 2023-24 in presence of Union Finance Minister Nirmala Sitharaman, Union MoS for Finance Dr Bhagwat Kishanrao Karad and senior officials of the ministry. A customary Halwa ceremony is performed every year before the “lock-in” process of Budget preparation begins. Like the previous two Union Budgets, Union Budget 2023-24 will also be delivered in paperless form. The Union Budget 2023-24 is to be presented on 1st February, 2023.

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