The Railway Budget is an Annual Financial Statement of the Indian Railways presented every year by the Minister of Railways, representing the Ministry of Railways, in the parliament. The Railway Budget was presented a few days before the Union budget of India, till 2016. But on Wednesday, 21 September 2016, the government of India approved merger of the rail and general budgets from the year 2017, ending the 92-year-old practice of a separate budget for the Indian Railways.
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