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Union Budget 2025: Halwa Ceremony to be Held Today – Everything You Need to Know

Written by: Team Angel OneUpdated on: Jan 24, 2025, 5:25 PM IST
The Halwa ceremony, an annual tradition, marks the final stage of Budget preparation. Officials enter a 'lock-in' phase for secrecy before the Budget presentation.
Union Budget 2025: Halwa Ceremony to be Held Today – Everything You Need to Know
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The Halwa ceremony is a cherished annual tradition held in the lead-up to the Union Budget 2025 presentation. Five days before the Budget is revealed in Parliament, this ritual is observed to celebrate and recognise the hard work of the finance ministry’s team.

The event involves the preparation and serving of “halwa,” a traditional Indian sweet dish, to all the officials and staff who contribute to the Budget’s formulation. The ceremony is symbolic, highlighting camaraderie and the collective effort required to prepare the country’s most important financial document.

Union Budget 2025 Halwa Ceremony Significance

This year, the Halwa ceremony will take place on Friday, January 24, 2025, evening at the North Block, the historic centre of India’s finance ministry operations. It is led by Finance Minister Nirmala Sitharaman, accompanied by Minister of State Pankaj Chaudhary and senior officials.

The ceremony marks the commencement of the ‘lock-in’ phase for the Budget team. Following the event, key personnel involved in the Budget’s preparation are confined to the North Block to maintain the highest level of confidentiality.

The Lock-In Phase: A Security Measure

The ‘lock-in’ period is a crucial step to safeguard the secrecy of the Union Budget. Once the ceremony concludes, the finance ministry staff, including officers and support teams, remain within the confines of the North Block basement until the Budget is officially presented in Parliament.

The basement, used for Budget printing since 1980, becomes the hub of activity during this phase. All external communication is restricted, ensuring that the contents of the Budget are not disclosed prematurely.

A Historic Occasion

The 2025 Union Budget, to be presented on February 1, will be a landmark event as it marks Finance Minister Sitharaman’s seventh Budget presentation, surpassing the record previously held by Morarji Desai.

The Budget session is scheduled to begin on January 31 and will run through April 4. Like in previous years, this Budget will also be paperless, continuing a modern trend towards digitalisation.

Why the Halwa Ceremony Matters?

More than a symbolic gesture, the Halwa ceremony is a morale booster for the Budget team. It acknowledges their tireless efforts and serves as a ceremonial send-off as they undertake the final, most intensive phase of Budget preparation.

The ceremony reflects the rich traditions of the Indian administrative system while blending cultural heritage with modern governance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 24, 2025, 2:47 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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