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It is known that budget-making is a long process, and it takes several months of planning, consulting, and compiling to create the final draft of the Union Budget document.
Every year, the Union Finance Ministry conducts a grand ‘Halwa ceremony’, 8 to 10 days before the Union Budget is presented in Parliament. According to several years of tradition, the grand Halwa ceremony marks the beginning of the process of printing the Union Budget.
Meanwhile, the ceremony takes place in the basement of the Finance Ministry (North Block) within Central Delhi, home to a dedicated printing press. However, an integral prelude to the budget presentation is the traditional ‘Halwa Ceremony’, attended by the Finance Minister and other officials of the ministry involved in the budget-making process.
In fact, the popular Indian sweet dessert is prepared in a massive kadhai and served to the Finance Ministry staff. Every year, the Finance Minister gives the go-ahead by stirring the kadhai and serving the sweet to officials. However, it is also a gesture to recognize the efforts of all the members in preparing the Union Budget.
It is known that budget-making is a long process, and it takes several months of planning, consulting, and compiling to create the final draft of the Union Budget document. According to government sources, the process begins almost six months before the financial statement is presented in Parliament, commencing deliberations in August–September of the previous year.
