Cabinet merges Railway Budget with Union Budget

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New Delhi, Sep 21 (ANI): One of the major overhauls of the Cabinet is the merger of the Union Budget and the Railway Budget. With the merger of both the budgets, the Cabinet has approved advancing the date for presenting the Union Budget by a month, a reform sought by many experts for long. This overhaul comes to break free from the colonial past. With such a reform, a decision has also been taken to remove the classifications for expenditure to make the exercise simpler. Also important steps have been taken to close the planned and unplanned expenditure. Cabinet is also hauling the budget dates with the whole process of budget to be ended before 31st of March.

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