Blog Entry# 1961939
Posted: Aug 13 2016 (21:45)
Last Response: Aug 13 2016 (21:45)
Rail BudgetAug 13 2016 (19:33) Rail Budget's over 90-year old journey may come to an end in 2017
rdb*^ 133171 news posts
In what could be a historic move, the Narendra Modi government is all set to abolish over 90-year old tradition of presenting separate rail budget from next year onwards. A report in ToI quoting Finance Ministry sources claimed that Arun Jaitley has given his nod for the merger of the Union Rail Budget with the Union Budget from next year. The practice of separate rail and general budget was started way-back in 1924.
The report quoting sources in the ministry said that the government has formed a five-member committee to chalk-out the modalities for the proposal. Railways minister Suresh Prabhu had himself written to Arun Jaitley-led finance ministry for the merger of both the budgets. After Prabhu wrote to Jaitley, the finance...
Aug 13 2016 (21:45)
srinivasvasanthi~ 4378 blog posts 15 correct pred (54% accurate)
Like Surface Road transport sector ,Indian Railways also approved more and more funds from the Central Budgets are welcomed.But any neglected in Budget may be vindicated the economic and environmental friendly mode of transportation.
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