New Delhi: Minister of State for Finance and senior officials of the Finance Ministry on Saturday are all set to observe the symbolic ‘Halwa Ceremony’ to mark the launch of formal printing of documents relating to the Union Budget 2019-20.
The Halwa ceremony is conducted in the Ministry of Finance office at the North Block. Usually, the Union Finance Minister presides over the Halwa Ceremony.
As part of the ritual, ‘Halwa’ is prepared in a big ‘kadhai’ (large frying pot) and served to the entire staff in the ministry.
The significance of the sweet dish is that after it is served, a large number of officials and support staff, who are directly associated with the Budget making and printing process, are required to stay in the ministry and remain cut off from their families till the presentation of the Budget in the Lok Sabha.
Only very senior officials in the finance ministry are permitted to go home.
The customary tradition of Halwa ceremony generally takes place before the Union budget and the commencement of Budget Session.