The Halwa ceremony, marking the ultimate stage of the funds making course of for Union Funds 2021-22, was held in Delhi’s North Block on Saturday within the presence of Union Finance & Company Affairs Minister Nirmala Sitharaman.
A customary Halwa ceremony is carried out yearly earlier than the ‘lock-in’ strategy of funds preparation begins.
On the Halwa Ceremony, the Union Finance Minister was accompanied by Union Minister of State for Finance and Company Affairs Anurag Singh Thakur; Dr AB Pandey, Finance Secretary & Secretary (Income); TV Somanathan, Secretary, Expenditure; Tarun Bajaj, Secretary, Financial Affairs; Tuhin Kanta Pandey, Secretary, DIPAM; Debashish Panda, Secretary, Monetary Companies; Dr KV Subramanian, Chief Financial Advisor; Rajat Kumar Mishra, Further Secretary (Funds) and different officers of the ministry.
PC Mody, Chairman, CBDT, M Ajit Kumar, Chairman, CBIC, in addition to others officers and workers of the ministry of finance, concerned within the funds preparation and compilation course of, have been additionally current on the event.
Finance Minister Nirmala Sitharaman additionally reviewed the standing of the compilation of the Union Funds 2021-22 and prolonged her finest needs to the officers involved.
On the event, Sitharaman additionally launched the ‘Union Funds Cell App’ for hassle-free entry of funds paperwork by Members of Parliament (MPs) and most people utilizing the only type of digital comfort.
The cell app facilitates full entry to 14 Union Funds paperwork, together with the Annual Monetary Assertion (generally referred to as Funds), Demand for Grants (DG), Finance Invoice and so on. as decided by the Structure.
The app has a user-friendly interface with embedded options of downloading, printing, search, zoom out and in, bidirectional scrolling, desk of contents and exterior hyperlinks, and so on. It’s bilingual (English & Hindi) and will probably be obtainable on each android and iOS platforms. It will also be downloaded from the Union Funds Net Portal (www.indiabudget.gov.in). It has been developed by the Nationwide Informatics Heart (NIC) beneath the steerage of the Division of Financial Affairs (DEA).
The Funds paperwork will probably be obtainable on the cell app after the completion of the Funds Speech by the Finance Minister in Parliament on February 1.
In an unprecedented initiative, the Union Funds 2021-22 will probably be delivered in paperless type for the primary time.