The traditional 'halwa' ceremony, marking the final stage of the preparation process for Union Budget 2024, was held this evening at the Union Finance Ministry headquarters at North Block in Delhi. Union Finance and Corporate Affairs Minister Nirmala Sitharaman was seen unwrapping a huge iron wok which had halwa in it and distributing it to the officials of the ministry. Minister of State Pankaj Chaudhary, and secretaries, officers and staff involved in the Budget preparation and compilation process were also present on the occasion.
It is a customary event held about a week before the "lock-in" process of Budget preparation begins.