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Business Economy


Budget 2017-18 printing starts with Halwa celebrations

New Delhi, Jan 19 (UNI) The printing process of Union Budget for the year 2017-18 started today in Finance Ministry’s north block office printing press with traditional Halwa ceremony.
Finance Minister Arun Jaitley took part in the ceremony and tasted the halwa along with all the participant employees and officers of the Ministry taking part in the printing process.
Almost 100 employees and officers are taking part in the budget printing process who will not leave the office till the presentation of the budget in the parliament by the minister. They will get cut off from the other world of the country.
On the occasion, most of the top ministry officials, including Revenue Secretary Hasmukh Adhia, Finance Secretary Ashok Lavasa, Economic Affairs Secretary Shaktikanta Das and Chief Economic Advisor Arvind Subramanium were present.
They will not be allowed to contact their family members and will not have the phone or mail facility available. Only a few high officials will be allowed to go home.only after the presentation of the budget they can go outside the ministry.
The halwa ceremony is a very old tradition performed year after year.
This will be third budget of the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government to be presented by the Finance Minister.
This budget will include the Railway too as the Rail Budget has been scrapped for the first time after 92 years of tradition. Now Rail Budget will be a part of the General Budget.
Again this is the first time when it will be present on the February 1 as the government has decided to advance the date of the budget to give more time for implementation of the provisions of the budget. Earlier, it was presented in the end of the February every year.
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