Interim Budget 2024 Final Preparations Begins With Halwa Ceremony

Union finance minister Nirmala Sitharaman participated in the 'Halwa Ceremony' on Wednesday, a tradition observed before the annual budget presentation. This ceremony marks the commencement of a ‘lock-in’ period for officials before the initiation of the printing process for various budget-related documents. For the fiscal year 2024-25, Sitharaman is set to present the interim budget or vote-on-account, given that it is an election year. The full-fledged budget will be presented shortly after the formation of a new government this year.

Union finance minister Nirmala Sitharaman participating in traditional 'Halwa Ceremony' on Wednesday in North Block.(ANI)

In a video shared by news agency ANI, Nirmala Sitharaman was seen serving halwa, symbolising the final stage of Budget preparation, Union minister of state for finance Bhagwat Karad also participated in the event held at North Block.