General Budget Current Affairs

Union Cabinet approves merger of Rail budget with General budget

The Union Cabinet has approved the proposals of Ministry of Finance to merge of Railway budget with the General budget. Merger of Railway Budget with the General Budget will be effective from the Budget 2017-18.  It will end 92-year-old tradition as the presentation of separate Railway budget started in year 1924. Since then it has continued after Read More…

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Union Cabinet approves advancement of the Budget presentation

The Union Cabinet has given in principle approval for advancement of the date of Budget presentation from the last day of February to a suitable date. Besides in another reform relating to budgetary process, Union Cabinet has approved merger of Plan and Non Plan classification in Budget and Accounts. Advancement of the date of Budget Read More…

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Union Budget Session will begin on February 23

The Budget Session of Parliament will begin on 23 February 2015. Railway Budget will be presented on 26 February, while Economic Survey on 27 February. It will be first full-year General Budget of the NDA government under the leadership of Prime Minister Narendra Modi. It will be presented on 28 February 2015. These dates were announced Read More…

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