• search
For Quick Alerts
For Daily Alerts

Merging of Railway and Union budgets: What's the history?


New Delhi, July 05: In 2016, then finance minister Arun Jaitley broke a 92-year-old practice and merged the Railway Budget with the Union Budget. The Union Budget and Railway budget were presented separately in India for a long time, but in 2017 Jaitley became the first Finance Minister who presented the combined Union Budget and Railway Budget. The decision to advance the date of Budget presentation and merge the Railway Budget with the Union Budget was taken under the process of budgetary reforms controlled by the government.

Merging of Railway and Union budgets: Whats the history?

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more