Rediff.com » News
Rail budget will lose autonomy if merged if Union Budget: Nitish
September 21, 2016
First reactions from the opposition on the government's decision to merge the Rail Budget with the Union Budget.
JDU chief Nitish Kumar, who was a railway minister: "Merging rail budget and general budget won't do any good, it will lose its autonomy."
The Rail Budget will be merged with the Union Budget starting next year. Finance Minister Arun Jaitley described the move as "top priority" after
the Cabinet gave its approval.
Jaitley said the
government is also in favour of advancing the Budget process, including
the date of presentation. Dates for next year's budget session of
Parliament, he said, would be fixed taking into account the calendar for
assembly elections in Uttar Pradesh, Punjab and Uttarakhand due early
next year.
© 2024 Rediff.com