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Prabhu advocates merger of railway and general budget

Railway minister Suresh Prabhu writes to Finance Minister Arun Jaitley and recommended to break the old practice

Policy Pulse
Publish Date: Jul 14 2016 10:01AM | Updated Date: Jul 14 2016 10:01AM

Prabhu advocates merger of railway and general budget

Minister of Railways Suresh Prabhu wrote a letter to the Finance Minister Arun Jaitley and suggested that the 92-year-old practice of presenting a separate budget for the Railways should be be discontinued.

 

Advocating the merger with the general budget, Prabhu said, “Integrating the two budgets together will help to build a strong national transportation policy, while insulating the Railways from political pressures.”

 

Prabhu sent the letter in June. “No reply has yet been received from the Finance Minister yet,” said a source.

 

After Niti Aayog member Bibek Debroy recommended the merger last month, the Prime Minister’s Office (PMO) sought a reply from the Railways.

 

“With the Railways Minister having responded, the issue has moved forward. It is quite likely that no rail budget will be presented next fiscal,” sources said.