Budget 2021: Nirmala Sitharaman participates in Halwa ceremony marking final stage of Budget-making process6Photo© dnaindia.com

Budget 2021: Nirmala Sitharaman participates in Halwa ceremony marking final stage of Budget-making process

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The Halwa ceremony, marking the final stage of the Budget making process, was held in North Block on Saturday afternoon in the presence of Union Finance and Corporate Affairs Minister Nirmala Sitharaman.

A customary Halwa ceremony is performed every year before the "lock-in" process of the Budget preparations gets underway. This normally happens around the middle of January when the exercise to finalise and print budget details starts in the basement of North Block. This year, as the budget is going paperless, the ceremony got delayed since the need for lock-in is not required.

The Union Budget 2021-22 is to be presented on February 1.

The Halwa is prepared in a large utensil in the presence of Finance Ministry officials, including ministers, and sharing the sweet dish is considered auspicious before starting any good work. Due to the Covid-19 pandemic, there was a question mark over the ceremony this year.