Union Budget 2018 to focus on more job creation

Arun Jaitley's fifth budget Find out which former finance minister tops the list

Arun Jaitley's fifth budget Find out which former finance minister tops the list

1- The tradition of marking the beginning of printing documents which are part of the Union Budget begins with the ritual of "halwa ceremony".

The halwa ceremony is held to maintain the secrecy of the Budget preparation process with the entire staff of the Finance Ministry not being allowed to leave the building until the presentation of the Budget.

Union Finance Minister Arun Jaitley kicked off the Union Budget 2018-19 printing process by participating in the traditional Halwa Ceremony in New Delhi on Saturday.

The budget session will begin on January 29.

The annual budget is prepared by the budget division of Department of Economic Affairs (DEA) headed by the joint secretary (Budget) of the Ministry of Finance.

Traditionally, the sweet dish is cooked in large quantity and the finance minister serves it to the officials in the ministry.

Only after the Union Budget is presented, these officials will gain touch with their near and dear ones.

Jaitley said that suggestions made by states and union territories would be suitably considered when formulating Budget 2018-19 proposals.

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