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Fri Nov 24, 2017 18:56:49 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Fri Nov 24, 2017 18:56:49 IST
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When & why was Indias Railway Budget separated from the General(Union) Budget ?  
1 Answers
Apr 14 2012 (19:51)
General

Entry# 1089     
I am a Visitor Admin Member on IRI*^~
When & why was Indias Railway Budget separated from the General(Union) Budget ?

6935 views
Apr 14 2012 (19:49)
Blog Post# 373971-25     
I am a Visitor Admin Member on IRI*^~   Added by: I am a Visitor Admin Member on IRI*^~  Apr 14 2012 (19:51)
An IR(Indian Railway Budget) Related Paragraph from my Blog Article : "click here : click here
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"During the British Rule in India, the Railway Budget and the General Budget were presented together. It was in the year 1924 that both the budgets were separated. They were separated as the Indian Railways started turning into a Huge National Network Organization to itself so it required a separate budget, which could deal with Expenditure on Infrastructure and Coming up Fiscal Years & also on Operating Revenue, Passenger and Freight Tariffs & also Investment on
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Infrastructure. According to the Separation Convention on the recommendations of the Acworth Committee 1924, the Railway Budget is presented to the Parliament by the Union Minister for Railways, two days before the General Budget, usually around 26th February."
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