Budget 2024: Significance Of Halwa Ceremony
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Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-25 on July 23
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The Budget session will begin on July 22, a day earlier, and is scheduled to end on August 12
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Preceding the event, the finance minister and other officials will host and attend the traditional "Halwa Ceremony"
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The Halwa Ceremony marks the beginning of the Union Budget preparation
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It is a customary event held about a week before the budget presentation at the Ministry of Finance's basement in North Block, New Delhi
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The ceremony involves the preparation and distribution of halwa, a traditional Indian sweet, to the officials and staff involved in the budget-making process
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This symbolises the completion of the budget documents and the confidentiality that follows
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The Finance Minister usually initiates the ceremony by stirring the halwa in a large kadhai (cauldron) and then serving it to the ministry staff
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It is a gesture to recognise the efforts of all the members in preparing the Union Budget
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