After 92 years, Rail Budget is history

Cabinet okays advancing Budget date; Plan expenditure classification to go

The Cabinet on Wednesday approved the merger of the Railway and General Budgets from 2017-18, ending a 92-year-old colonial tradition.

It also cleared abolishing the classification of Plan and non-Plan expenditure in the Budget and agreed in-principle to advancing its presentation in Parliament from the last working day in February. The government wants the Finance Bill to be passed before April 1.
Read our full coverage on Union Budget 2016


“The government is in favour of advancing the Budget date. However, a number of states are going to the polls early next year. We will