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Niti Aayog recommends scrap of railway budget

Aayog was mandated by the PMO to work out a detailed plan for integration of rail budget with general budget

Policy Pulse
Publish Date: Jun 22 2016 2:29PM | Updated Date: Jun 22 2016 2:35PM

Niti Aayog recommends scrap of railway budget

 

The British-era practice of presenting a separate railway budget may be discarded by the Narendra Modi government after a high-powered panel headed by Niti Aayog member Bibek Debroy recommended that the annual exercise should be scrapped.

 

Niti Aayog was mandated by the Prime Minister's Office (PMO) to work out a detailed plan for integration of rail budget with the general budget. Debroy had made similar recommendations in a report on restructuring of railways. But only some of the proposals were implemented.