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  • Cabinet Okays Union of Budgets, Finmin Proposal To Advance Date by A Month

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    basil
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    The cabinet approved merging the railway budget with the general budget, advancing the date by a month based on a proposal from the Finance Minister. This represents the biggest reform as it ends the separate rail budget and amalgamates the railway budget with the general budget. The merger of budgets will allow railways more political freedom to implement substantial reforms needed to turn the system around without as much scrutiny.

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    for trail

    Original Title

    Railway Budget

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    The cabinet approved merging the railway budget with the general budget, advancing the date by a month based on a proposal from the Finance Minister. This represents the biggest reform as it ends the separate rail budget and amalgamates the railway budget with the general budget. The merger of budgets will allow railways more political freedom to implement substantial reforms needed to turn the system around without as much scrutiny.

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    13 views2 pages

    Cabinet Okays Union of Budgets, Finmin Proposal To Advance Date by A Month

    Uploaded by

    basil
    The cabinet approved merging the railway budget with the general budget, advancing the date by a month based on a proposal from the Finance Minister. This represents the biggest reform as it ends the separate rail budget and amalgamates the railway budget with the general budget. The merger of budgets will allow railways more political freedom to implement substantial reforms needed to turn the system around without as much scrutiny.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    NATIONAL NEWS

    CABINET OKAYS UNION OF BUDGETS,


    FINMIN PROPOSAL TO ADVANCE DATE
    BY A MONTH

    • Government ended the separate rail budget.

    • Amalgamation of railway budget and general budget.

    • Railway budget merger biggest reform.


    Conclusion
    • Railways gets political space to work below
    radar and implement massive reforms needed
    for a turnaround.

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