Union Finance Minister Nirmala Sitharaman will present the budget on February 1.
New Delhi:
The Treasury Department said on Wednesday that the Union’s budget for 2023-24 will be delivered in paperless form, just like the previous two.
Union Finance Minister Nirmala Sitharaman will present the budget on February 1.
“The budget documents will be available on the Union Budget Mobile App on both the Android and Apple OS platforms upon completion of the budget speech by the Finance Minister in Parliament on February 1, 2023,” the ministry posted on its Twitter account. .
Like the previous two Union budgets, the 2023-24 Union budget will also be submitted paperless. The Union budget 2023-2024 will be presented on 1 February 2023. (2/4)
— Ministry of Finance (@FinMinIndia) January 25, 2023
The Halwa ceremony, which marks the final stage of the budget preparation process, will be held tomorrow at the headquarters of the Union Ministry of Finance, North Block, New Delhi. The Treasury Secretary, the Secretary of State and other top officials who work with the Treasury Department are usually present at the ceremony, it said.
The ministry also tweeted: “The Halwa ceremony, which marks the final stage of the budget preparation process for the 2023-24 Union budget, will be held tomorrow in the presence of Union Finance and Corporate Affairs Minister Smt. @nsitharaman at the Budget Press situated within Noordblok.”
Along with the Union FM, the Halwa ceremony will be attended by Union finance ministers along with finance ministry secretaries alongside senior officials and members of the Union Budget Press, it said.
The finance minister begins the halwa ceremony by stirring the halwa in a kadhai and then serves it to colleagues at the ministry’s headquarters in the national capital.
Last year, a “Union Budget Mobile App” was also launched for hassle-free access to budget documents by members of parliament (MPs) and the general public after the budget presentation process in parliament was completed.
The presentation of this year’s budget is important because it is the last full budget of Prime Minister Narendra Modi’s government before the next parliamentary elections, scheduled for April-May 2024.
Last year, for the first time, the customary Halwa ceremony did not take place due to people’s health and safety concerns due to covid, and sweets were instead provided to core staff as they underwent “lock-in” at their workplaces.
The Ministry of Finance of the Union prepares the budget in consultation with the Niti Aayog and the ministries concerned.
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