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Tag: Halwa ceremony

  • Decoding Budget Terms: What Is Halwa Ceremony? Check All About The Event | Economy News

    New Delhi: In a longstanding tradition, India kickstarts the budget-making process with the annual “Halwa Ceremony.” This unique event, held in the basement of the North Block of the Finance Ministry in Central Delhi, involves the Finance Minister leading the preparation of halwa, a beloved Indian dessert, to formally initiate the printing process for budget-related documents.

    Dating back to 1950, this ceremony plays a crucial role in maintaining secrecy and preventing leaks surrounding the budget. During the Halwa Ceremony, the Finance Minister takes center stage, actively participating by stirring the large wok (kadhai) used to make halwa. (Also Read: Lord Ram’s Photo On Rs 500? Here’s The Truth Behind Viral Pics)

    The sweet dish is then served to officials and staff involved in the budget-making process. This unique and symbolic act marks the beginning of the extensive budget-making process that spans several months. (Also Read: From Tata To Birla: Check List Of Prominent Industrialists Invited For Ram Temple Consecration)

    The North Block basement undergoes a transformation into a highly secure area resembling a fortress during the ceremony. Approximately 100 officials and staff directly involved in the budget-making or printing process are isolated to ensure confidentiality.

    Stringent measures, including round-the-clock surveillance, restricted communication, and electronic jammers, are implemented to prevent leaks or unauthorized information disclosure.

    The tradition of the Halwa Ceremony has evolved over the years to enhance security and confidentiality. Originally held at Rashtrapati Bhavan, the printing press was relocated to Minto Road and, eventually, to the North Block basement in 1980.

    These measures were implemented in response to a budget leak in 1950, emphasizing the government’s commitment to maintaining the sanctity of the budget-making process.

    To guarantee utmost confidentiality, officials in the North Block basement experience strict measures, including restricted contact with the outside world, supervised phone calls, continuous surveillance by the Intelligence Bureau, and stringent cybersecurity protocols.

    These precautions aim to prevent any leaks related to the budget before its official presentation.

  • Union Budget App: Get entry to Budget 2021 paperwork on you smartphone. Deets inside

    Image Source : INDIA TV Union Budget App: Get entry to Budget 2021 paperwork on you smartphone. Deets inside
    Union Budget App: All eyes on Finance Minister Nirmala Sitharaman as she is all set to current Union Budget 2021-22 in Parliament at the moment. This would be the ninth finances underneath the Modi authorities and Sitharaman’s third up to now with the primary being delivered in 2019 after BJP’s retained the ability. Hit by pandemic, Sitharaman is predicted to announce measures to revive the economic system with a concentrate on increased spending on healthcare, infrastructure and defence. However, this time there isn’t a want to attend for hours for the Budget transcript to be launched. One can learn or obtain the Budget 2021 paperwork on the ‘Union Budget App’ minutes after Finance Minister finishes her speech.

    Finance Minister Nirmala Sitharaman final week launched ‘Union Budget App’ in the course of the Halwa Ceremony. With a devoted Union Budget app for Android and iOS smartphones, Union Budget 2021 will go absolutely paperless for the primary time. The determination to publish the paperwork for the members of Parliaments (MP) on the cellular app comes following the COVID-19 protocol.

    BUDGET 2021: FULL COVERAGE

    This App is an extension of the Union Budget web site that permits customers to entry earlier and newest budget-related paperwork. This App will provide you with entry to 14 Union Budget paperwork, together with the Annual Financial Statement (generally generally known as Budget), Demand for Grants (DG), Finance Bill and so forth. as prescribed by the Constitution.

    This is to be famous that, Sitharaman in her first finances in 2019 had changed leather-based briefcase that had been for many years used for carrying finances paperwork with a conventional purple material ‘bahi-khata’. And now, the Union Budget will solely be accessible within the digital format.

    Union Budget App: All you have to know concerning the Budget app:

    The app will be downloaded on the Android and iOS cellular app from the official India Budget web site (www.indiabudget.gov.in).
    The App is bilingual and it offers you the comfort of studying the paperwork in English and Hindi.
    The app is designed by the National Informatics Centre (NIC).
    Budget app requires no login or registration.
    The finances docs can be accessible on the app after the announcement of the Union Budget. The docs that may be downloaded within the PDF format from the app are;
    a) Finance minister’s finances speech
    b) Annual monetary assertion (AFS)
    c) Demands for grants (DG)
    d) Finance invoice
    e) Statements mandated underneath the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 – i) Macro-economic framework assertion and ii) Medium-term fiscal coverage cum fiscal coverage technique assertion
    f) Expenditure finances
    g) Receipt finances
    h) Expenditure profile
    j) Memorandum explaining the provisions within the finance invoice
    okay) Output end result monitoring framework
    Union Budget App: How and the place to obtain

    The App will be downloaded from the Union Budget Web Portal (www.indiabudget.gov.in).
    The App can be downloaded on each Android and iOS platforms.
    This App can also be accessible to obtain without spending a dime through Google Play Store and Apple App Store.
    Also Read | Budget 2021: Vaccine cess coming this 12 months? Here’s what former finance secretary has to say

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  • Ahead of Union Budget, conventional ‘halwa ceremony’ held at Finance Ministry

    The conventional ‘halwa ceremony’ was held on Saturday on the Union Finance Ministry headquarters at North Block in New Delhi. While the ceremony marks the graduation of the printing means of the central authorities’s Budget doc, the Union Budget 2021-22 shall be delivered in paperless kind for the primary time on February 1.
    Union Finance Minister Nirmala Sitharaman and Minister of State Anurag Thakur took half within the ceremony.

    The custom, which matches again a number of years, includes making ready the candy dish in a giant kadhai (frying pot) and serving it to your entire workers within the ministry.
    As per the custom, after the candy dish is served, numerous officers and assist workers, who’re immediately related to the Budget making and printing course of, are required to remain within the ministry and stay reduce off from their households till the presentation of the Budget within the Lok Sabha.

    The officers are usually not allowed to contact anybody via telephone or some other type of communication. The “lock-in” which follows the halwa ceremony is noticed to take care of the secrecy of the Budget preparation course of. Only very senior officers within the Finance Ministry are permitted to go dwelling.
    Budget app launched
    On the event, Sitharaman additionally launched the “Union Budget Mobile App” for hassle-free entry of Budget paperwork by Members of Parliament (MPs) and most people.
    The Union Budget Mobile App shall be accessible in Hindi and English.
    “The mobile app facilitates complete access to 14 Union Budget documents, including the Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc. as prescribed by the Constitution,” the Ministry of Finance stated in a launch.

    “The App has a user-friendly interface with embedded features of downloading, printing, search, zoom in and out, bidirectional scrolling, table of contents and external links, etc. It is bilingual (English & Hindi) and will be available on both Android and iOS platforms,” it added.