Blog Entry# 1953598
Posted: Aug 06 2016 (14:22)
Last Response: Aug 06 2016 (14:22)
IR AffairsAug 06 2016 (11:57) Govt examining suggestion to phase out Rail Budget | Business Standard News
For Better Managed Indian Railways~ 948 news posts
Finance Ministry is examining the suggestions of the Bibek Debroy panel, which among other things had suggested phasing out of separate railway budget, the Lok Sabha was informed on Friday.
The Committee under the chairmanship of Debroy (Member, NITI Aayog) on restructuring of Ministry of Railways recommended that the British-era legacy of having a separate railway budget should be phased out and it should be merged with the General Budget.
"The recommendations of the Committee are being examined by this Ministry, in consultation with Ministry of Railways," said Minister of State for Finance...
Aug 06 2016 (14:22)
For Better Managed Indian Railways~ 1933 blog posts
Separate rail budget is not good or bad in itself.
If IRlys have to develop, the rail budget shall give paramount importance to it over other sectors and help IRlys highlight its requirements & problems before the nation. Rly budget was started to help railways grow faster so as to augment the National Economy by facilitating cost effective logistics for transporting goods & passengers throughout the country. But this could happen only if intentions are right and decisions are taken with ethical & fiscal maturity by the decision makers.
But the way...
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