Lock-in period begins ahead of Feb 1 presentation
GN Bureau | January 21, 2020
The budget season is here, and the annual document has gone to print, beginning the lock-in period till its presentation in parliament on February 1.
The Halwa ceremony, marking the commencement of the budget printing process, was held in North Block Monday morning in the presence of finance & corporate affairs minister Nirmala Sitharaman.
To maintain the secrecy, there is a “lock-in” of the officials involved in making the budget. The ‘Budget Press’, situated inside North Block – the finance ministry headquarters, houses all officials in the period leading up to the presentation of the budget. These officers and staff will come in contact with their near and dear ones only after the budget is presented by the finance minister in parliament.
At the Halwa ceremony – the annual ritual going on for decades, Sitharaman was accompanied by minister of state for finance & corporate affairs Anurag Singh Thakur; Rajeev Kumar, finance secretary; Atanu Chakraborty, secretary, DEA; Dr AB Pandey, revenue secretary; Tuhin Kanta Pandey, secretary, DIPAM; TV Somanathan, secretary, expenditure, among other officers of the ministry.
PC Mody, chairman, CBDT; John Joseph, chairman, CBIC; members of CBDT and CBIC; Rajat Mishra, joint secretary (budget), and others officers and staff of the ministry involved in the budget preparation and printing process were also present on the occasion. Later, the finance minister took a round of the press facility and acquainted herself with the budget printing process.
In a first, the Department of Home Science, Sri Padmavati Mahila Visvavidayalam (Women’s University) Tirupati, Andhra Pradesh, recently organized an international webinar on “Nutrition and Immune System Support during COVID-19 Pandemic”. Speakers included eminent national and internationa
Even as Unlock enters the second phase, the number of Covid-19 infections continues to rise to record levels and India remains No 4 in the worldwide list, yet there is glimmer of hope: its recovery rate is also rising in tandem. There are 1,27,864 recovered cases more than the active Covid-1
A long-debated idea is finally coming to fruition as the Indian railways has decided to join hands with the private sector, in running some train services to begin with. The ministry of railways has invited ‘request for qualifications’ (RFQ) for private participation for operatio
Democracy in India is now taken for a fact, with an unstated assumption that all our institutions are democratic and hence often our successes and more often failures are attributed to ‘democracy’. However, a key frontier where democracy remains a challenge is that of local governments and that
India, facing China’s aggressiveness at border, has banned 59 smartphone apps, including TikTok, as they were indulging in activities harmful to India’s sovereignty and integrity. The reason cited was: “in view of information available they are engaged in activities which [
The launch of India’s first human space mission, ‘Gaganyaan’, will not be affected by Covid-19 and preparations are going on in the right direction even amid the pandemic. This was disclosed by minister of state (independent charge) development of north eastern region (DoNE