Last updated: January 25, 2023, 11:43 PM IST
The traditional ‘Halwa ceremony’ to be held on Thursday in the presence of Finance Minister Niramala Sitharaman to mark the start of the preparation of budget documents.
“The Halwa ceremony, which marks the final stage of the budget preparation process for the Union budget 2023-24, will be held tomorrow in the presence of Union Finance and Corporate Affairs Minister Smt. @nsitharaman, in the Budget Press in North Block,” the Treasury Department said in a series of tweets.
This time, the Halwa ceremony coincides with Republic Day.
Like the Union’s previous two budgets, the Union’s budget for 2023-2024 will also be delivered in a paperless form, it said.
Previously, this ceremony was the beginning of the pressure exercise for the budget. However, Budget 2021-22 was delivered in paperless form for the first time. This was the first time since independent India’s first budget on 26 November 1947 that the documents were not physically printed.
The Union budget 2023-2024 will be presented on 1 February 2023.
The budget documents will be available on the ‘Union Budget Mobile App’ on both the Android and Apple OS platforms after the completion of the budget speech by the finance minister in parliament on February 1, 2023, it said.
The mobile app provides full access to 14 EU budget documents, including the annual financial statement (commonly known as budget), application for grants (DG), finance law, etc. as prescribed by the constitution.
“Together with the Union FM, the Halwa ceremony will be attended by the Union finance ministers along with the secretaries of the Ministry of Finance @FinMinIndia, alongside senior officials and members of the Union Budget Press,” said another tweet. .
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(This story has not been edited by News18 staff and was published from a syndicated news agency feed)