Budget Explainer: Will Halwa Ceremony not be organized this time also, what is the importance of this tradition related to the budget?

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The price range for the monetary 12 months 2023-24 shall be offered on February 1. At any time when there’s speak of the price range, the very first thing that involves folks’s thoughts is the halwa ceremony. Halwa Ceremony is such a practice associated to the price range, which is adopted by the Finance Minister earlier than each price range. Though final 12 months this custom was not adopted as a result of Covid protocol. In such a scenario, it is vitally necessary for everybody to know what’s Halwa Ceremony and why it’s organized earlier than the price range?

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