Budget 2025: There is now only one week left to present the budget for the next financial year 2025-26. Every year a special tradition is played before the budget Pudding ceremony It is said. This year this ceremony Today, Friday, 24 January 2025 Will be held The event is organized by the Finance Ministry for employees and officers who are involved in the process of preparing the budget.
During the Halwa ceremony, the Finance Minister is seen preparing and serving Halwa. This ritual is not only part of the tradition but is also a sign of entry into the final stages of budget preparations.
What does ‘lock-in’ mean?
Halwa ceremony means that the preparation of the budget has been completed and now its printing work will start. This time Halwa Ceremony organized North block at 5 pm Will be in
Officers and employees who prepared budget after pudding ceremony ‘Lock-in period’ Is sent in During this period:
- All concerned officers and employees live within the North Block campus.
- Their contact with the outside world is completely cut off.
- The use of mobile phones and any type of electronic devices is prohibited.
This strict process is adopted so that no budget information can be leaked before appearing in Parliament.
What happens after a pudding ceremony?
After the completion of the pudding ceremony, the printing of documents related to the budget begins. The Prime Minister’s approval is necessary for this.
In terms of security, Intelligence Bureau (IB) The printing inspects the press. It is located in the basement of the press ministry. According to history, printing of budget documents by 1950 President’s House Used to be in However, after the information related to the budget was leaked that year, the printing process Minto road And later Basement of north block Took in.
Importance of Halwa Ceremony
Halwa Ceremony is a symbolic and historical part of the Indian budget process. This is not only a way to express respect and gratitude to the employees and officials who prepare the budget, but it is also an official announcement of the completion of budget preparations.
This tradition creates an atmosphere of curiosity and secrecy every year for the financial year budget. Now everyone’s eyes are on 1 February 2025, when the Finance Minister will present the annual budget of the country in Parliament.
What next?
Budget preparations have been completed and the printing process is about to begin. Now it has to be seen what big announcements make big announcements this year keeping in mind the general public and the country’s economy.
