Railway budget News

The finance ministry also allocated Rs 12,725.76 crore for repair and maintenance materials this time compared to Rs 11,833.13 crore last year. 

The first phase of Budget Session of Parliament began today. The first phase of the budget session will continue till February 13 and Finance Minister Nirmala Sitharaman will present the budget tomorrow. The Newly Elected President of India Draupadi Murmu delivered an address after reaching the Parliament House. In her address, President Murmu said, 'This is an opportunity to build our era. We have to build a self-reliant India.' Watch full speech of Draupadi Murmu in this report.

Budget session of Parliament is going to start today. President Draupadi Murmu will address 2023's budget session for the first time. Regarding this, President Murmu's convoy has left for Parliament House from Rashtrapati Bhavan. There are chances of uproar in the budget session. Aam Aadmi Party and BRS are going to boycott the President's address during the budget session.

Budget session of the Parliament is going to start from today. Finance Minister Nirmala Sitharaman will present the budget tomorrow i.e. on 1st Febrauary 2023. The first phase of the budget session will continue till February 13. Whereas the second phase will start from March 13 and will continue till April 6. But before that, Aam Aadmi Party and BRS will boycott the President Draupadi Murmu's address today.

People told Zee News their expectations for Indian Railways in the Union Budget 2020, and what changes they wish to see.

The Railways will make a provision of around Rs 3,000 crore in its budget for 2018-19 to install CCTV systems in all 11,000 trains and all the 8,500 stations in the Indian rail network.

After the merger of the railway budget with the general budget last year, it was decided that the national transporter would not have to pay dividend for the capital invested in it.

At least 12 Youth Congress workers on Sunday were arrested for showing black flags to Union Railway Minister Suresh Prabhu and garlanding him with black cloth as soon he stepped out of his vehicle in Nanpura.

Looking at advancing the date of Budget presentation to February 2 or even earlier, the Finance Ministry Thursday briefed a Parliamentary panel on the proposed change as also the government's decision to merge railway budget with general budget.

Finance Ministry officials will brief a Parliamentary panel Thursday on the merger of Railway Budget with General Budget and advancing the date of budget presentation.

Ending a 92-year-old practice, the Cabinet had decided to scrap a separate budget for railways and merge it with General Budget, presentation of which would be advanced to spur spending and boost the economy.

Know the highlights and implications of the three budget-related decisions taken by the Union Cabinet at a meeting presided over by Prime Minister Narendra Modi on Wednesday.

Railways will no longer have to pay annual dividends to the exchequer and maintain its functional autonomy after merger of Rail Budget with General Budget.

The Union Cabinet is likely to consider proposal to advance the Union Budget to February 1. It is expected that after the Cabinet's decision on Wednesday, the Cabinet Committee on Political Affairs would take final decision on the exact date for the session.

The decision for the merger of Railway Budget with the General Budget is likely to get the official seal at the Union Cabinet meeting which is slated for Wednesday.

The Union Cabinet is likely to consider proposal for Union Budget overhaul, including merging the Railway Budget with it and doing away with the distinction of plan and non-plan expenditure Wednesday.  

 The Cabinet may next week take up the proposal for merging Railway Budget with the General Budget and advancing the Parliament session by about a month to January 24 so as to complete all legislative work before the beginning of the new fiscal from April.

The finance ministry will shortly circulate a Cabinet note to merge the railway budget with the Union Budget, advance presentation by a month and doing away with Plan and non-Plan expenditure head in the Budget.

Finance Minister Arun Jaitley may do away with the age-old practice of reading out lengthy proposals on new railway lines and trains once the 92-year-old colonial practice of a separate Railway budget is scrapped and merged with the general Budget.