Ministry of Finance: Officers could not go home even after the father’s death, because all the people associated with it remain in the Finance Ministry till the budget is presented.

• Kuldeep Kumar Sharma, deputy manager of the finance ministry’s press, did not go home even after his father’s death, the ministry tweeted and praised him.
• The Finance Ministry is sealed two days before the Budget is presented, only after the Budget is presented in Parliament, the people associated with it are allowed to come out of the Ministry.
• Some part of the 1950 budget was leaked, after which it started being printed in the Security Press of Delhi.

NEW DELHI: Finance Ministry has tweeted and praised one of its officers Kuldeep Kumar Sharma. On 26 January, Kuldeep’s father passed away, yet he did not go home. Kuldeep is the deputy manager in the press of the Ministry of Finance. Until the budget is presented, the officials and employees associated with the budget process are not allowed to go out. That is, Kuldeep can now exit only on February 1. The budget-making process usually starts in September, lasting 6 months. The process of printing the budget document starts with the pudding ceremonies. This time the pudding ceremonies took place on 20 January. After the pudding ceremonies, the officials and employees associated with the budget process remain in the Ministry of Finance. The ministry is sealed two days before the budget is presented. Only after the Budget is presented in Parliament, the officials and employees associated with the budget process are allowed to come out.

Budget documents are highly confidential

Budget documents remain confidential. During the budget preparation process, top officials of the Ministry of Finance, subordinate staff, stenographers, typewriters, printing press employees and others work in the office. They are also not allowed to talk to their family at the last minute to maintain privacy. During this time, the people who prepare the budget and its publication are closely monitored. The speech of the Finance Minister is the safest document in the budget process. Which is sent for printing only two days before the budget announcement.

30-year budget printed in Security Press; Printing has been done in the Finance Ministry since 40 years The budget was first printed in Rashtrapati Bhavan, but in 1950 the budget was leaked. This was the first budget since the founding of the republic, which was leaked by an English journalist after which it began to be printed in the Security Press on Minto Road, Delhi. After printing in the security press for 30 years, from 1980 onwards, it started being printed in the budget press of the Ministry of Finance in North Block. It has been printed here for the last 40 years. Earlier the budget was prepared only in English language, but from 1955-56 it started being printed in Hindi also.

A team of 50 people prepares budget

The budget preparation team is called the Budget Core Group, which consists of secretaries and chief economic advisors of all departments. Under the core group is a team of about 50 people, which is headed by the Revenue Secretary (Revenue Secretary). There are two joint secretaries below them, three-four deputy secretaries below them and then four to five under-secretaries. After all these are the officers of the printing press.

“Halve ki Rasm” is an important part of budget preparation. Halva is prepared in the Ministry of Finance, North Block, before the process of printing of budget-related documents begins. In which the Finance Minister distributes pudding to the officers and employees. After this ceremony, the concerned officials of the Finance Ministry are kept apart till the budget is presented.

The country’s first budget was presented 160 years ago

The country’s first budget was presented on 7 April 1860 by the British Government’s Finance Minister James Wilson. The first budget after independence was presented by the country’s first finance minister, RK Shanmukham Chetty, on 26 November 1947. This budget was for the period from 15 August 1947 to 31 March 1948. The first budget after the establishment of the Indian Republic was presented by John Mathai on 28 February 1950. The establishment of the Planning Commission was described in this budget.