Blog Entry# 2046747
Posted: Nov 03 2016 (15:32)
Last Response: Nov 03 2016 (15:32)
Other NewsNov 03 2016 (13:54) After merger of budget, Rail ministers to lose clout, Maharaja status
Jayashree 36396 news posts
After merger of budget, Rail ministers to lose clout, Maharaja status ANIL BUDUR LULLA , 2 NOVEMBER 2016 9 SHARES FACEBOOK TWITTER LINKEDIN REDDIT
The Railway budget will be merged with the general budget from the next fiscal. This means that Finance Minister Arun Jaitley will present the railway budget along with the general budget. A separate rail budget had been a 92-year-old tradition, which is usually presented two days before the general budget. In September, the union cabinet cleared its merger with a rider that the functional autonomy of the Railways be maintained. The end of a separate budget will be a relief for the Railways, since its revenue deficit will now be transferred to the finance ministry. From now on,...
Nov 03 2016 (15:32)
For Better Managed Indian Railways~ 1933 blog posts
It is right that post of RM shall lose its sheen, power, glamour, pomp & show all. Only a a humble and honest minister like Mr. Prabhu can do this kind of abdication. Let us hope that this abdication of power shall not go to waste and IR shall be depoliticised substantially in times to come.
At least we can expect that power hungry ones amongst the current lot of politicians shall not clamour for heading the IR as it used to be in past. IR should get more decent and financially prudent RMs than before.
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