Business Standard

Govt examining suggestion to phase out Rail Budget

Bibek Debroy panel had suggested phasing out of separate railway budget

Image

Press Trust of India New Delhi
Finance Ministry is examining the suggestions of the Bibek Debroy panel, which among other things had suggested phasing out of separate railway budget, the Lok Sabha was informed on Friday.

The Committee under the chairmanship of Debroy (Member, NITI Aayog) on restructuring of Ministry of Railways recommended that the British-era legacy of having a separate railway budget should be phased out and it should be merged with the General Budget.

"The recommendations of the Committee are being examined by this Ministry, in consultation with Ministry of Railways," said Minister of State for Finance Arjun Ram Meghwal in a written reply to the Lok Sabha.
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 05 2016 | 8:05 PM IST

Explore News