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Overhaul of Union Budget News

Rail Budget 2017-18

22 Sep 2016

Rail Budget merged with General Budget: Will it simplify and streamline decision-making within the government?

Ending 92-year-old tradition of having a separate Railway Budget, the Cabinet has decided to merge it with the General Budget and agreed in-principle to advance the date of its presentation in Parliament from the usual February end.

Rail Budget 2017-18

21 Sep 2016

Exclusive talk with Sunil Kanoria, President, ASSOCHAM on 'One Nation, One Budget'

Rail Budget 2017-18

21 Sep 2016

Exclusive talk with Ashvin Parekh, MD, Ashvin Parekh Advisory on 'One Nation, One Budget'

Rail Budget 2017-18

21 Sep 2016

Exclusive talk with 'Yashwant Sinha' on the merits of merger of Rail budget with General budget

Rail Budget 2017-18

21 Sep 2016

Rail Budget merged with General Budget; to be presented one month early with no plan, non-plan distinction

In a major overhaul, the Cabinet on Wednesday approved advancing presentation of the annual Budget by a month, scrapped over nine-decade old tradition of having a separate Railway Budget and removed classifications for expenditure to make the exercise simpler.

Rail Budget 2017-18

21 Sep 2016

No Railway Budget now! Cabinet approves its merger with General Budget

This historic decision will end the 92-year old practice of presenting a separate Railway Budget.

Rail Budget 2017-18

21 Sep 2016

Cabinet to consider Budget presentation on Feb 1; approval for merger of Rail budget with Union budget likely today

The proposal for advancing of the budget and the merger of the railway budget with it will be considered on Wednesday at a meeting of the union Cabinet to be chaired by Prime Minister Narendra Modi, who has been pushing for it.

Rail Budget 2017-18

20 Sep 2016

Cabinet to consider Budget presentation on Feb 1; likely to approve merger of Rail budget with Union budget

Breaking from tradition, the general budget of the union government is likely to be presented on February 1 instead of the last day of the month, as part of an overhaul that would also scrap the practice of a separate railway budget.

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