What is halwa ceremony in finance ministry?

• Finance Minister Nirmala Sitharaman participated in a traditional ‘halwa ceremony’ at the North Block on January 27, marking the final stage for the preparation of the Union Budget 2026-27.

• The Union Budget 2026-27 will be presented on February 1, 2026.

• The Finance Minister was accompanied by Minister of State for Finance Pankaj Chaudhary and the secretaries of all the departments under the Ministry of Finance and other senior officers involved in the Budget preparation.

• Sitharaman is going to present Budget 2026-27, the ninth straight budget in a row.

• All Union Budget documents, including the Annual Financial Statement (commonly known as the Budget), Demand for Grants (DG), Finance Bill, etc, will also be available on the ‘Union Budget Mobile App’ for hassle-free access to Budget documents by Members of Parliament (MPs) and the general public in a digitally accessible mode. 

• The app is bilingual (English and Hindi) and will be available on both android and iOS platforms.

• The Budget documents will be available on the mobile app and the website after the completion of the Budget Speech by the Finance Minister in Parliament on February 1, 2026. 

What is ‘halwa ceremony’?

• The ceremony is an annual ritual in which the traditional dessert halwa is prepared and served to officials and staff members of the finance ministry who are involved in the preparation of the Budget.

• It is a kind of a send-off for the officials involved with the preparation of the Union government’s Budget documents. 

• They enter what is called a “lock-in period”, during which they stay in the basement of North Block, cut off from the world outside with a view to maintaining the secrecy around the Budget documents. 

• They will emerge only after the finance minister completes her Budget Speech in the Lok Sabha. 

• The basement of North Block houses a printing press that was traditionally used to print Budget documents for 40 years from 1980 to 2020. 

• Thereafter, the Budget went digital with bare minimum documents printed and the bulk distribution happening via mobile app or on the website. 

• All Budget-related documents are printed at North Block itself using a dedicated government press. Earlier, the documents were printed at Rashtrapati Bhavan, but this was shifted to a press on Minto Road in the national capital in 1950 after documents were leaked, and in 1980 to North Block. 

• The printing of several hundred copies of the voluminous Budget documents was such an elaborate exercise that printing staff had to be quarantined inside the printing press in the basement of North Block for up to two weeks.

• Going digital meant that the lock-in period has gotten shorter.