Cabinet merges rail, Union budgets, agrees in principle to advancing date

prasad1979

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Cabinet merges rail, Union budgets, agrees in principle to advancing date
The government hopes advancing the Union budget date will help initiate revenue mobilization and capital expenditure measures right from the beginning of the fiscal year

[size=medium]The Union Cabinet on Wednesday approved the merger of railway budget with the general budget ending a 92-year-old practice of having two separate budgets and agreed, in principle, to advance the presentation of the budget from late February (usually the last or penultimate day of February).[/size]

[size=medium]Source:[/size]
[size=medium]Cabinet merges rail, Union budgets, agrees in principle to advancing date - Livemint[/size]
 
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