The Comptroller and Auditor General (CAG) has said the the railways is continuously incurring expenditure over and above the budgetary provisions sanctioned by Parliament. The CAG report for 2010-11 also blamed the railways for not presenting any statement of fiscal policy in Parliament, as defined in the Fiscal Responsibility and Budget Management Act 2003. It added follow-up action on announcements in the railway minister’s budget speech were weak and no proper monitoring system appeared to have been set in place.
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