"The Prime Minister mentioned that the Union Budget presentation is being advanced by about a month to ensure speedier implementation of projects and schemes," a PMO statement said.
27 Oct 2016, 8.43 am | Source: PTI
Sources said the Cabinet headed by Prime Minister Narendra Modi is likely to meet tomorrow to decide on the date on which Finance Minister Arun Jaitley will present the Budget for 2017-18.
27 Oct 2016, 8.43 am | Source: PTI
Having decided to advance the Budget presentation by a month, the government took the line that it should not be presented in the middle of Assembly poll in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur.
18 Oct 2016, 4.12 pm | Source: PTI
The Cabinet on September 21 had in-principle decided to end the colonial-era tradition of presenting the Union Budget on last day of February and advance it by about a month to help complete the legislative approval for the annual...
12 Oct 2016, 2.38 pm | Source: PTI
The Parliamentary Standing Committee on Finance headed by by former Union Minister and senior Congress leader M Veerappa Moily will deliberate on the Budget reforms.
06 Oct 2016, 10.04 am | Source: PTI
The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise.
26 Sep 2016, 10.31 am | Source: PTI
With the Cabinet's approving the merger of Railway Budget with General Budget, the parliamentary panel on finance has decided to 'examine' the move along with its "ramifications thereof".
26 Sep 2016, 9.00 am | Source: PTI
The instructions were issued following the Cabinet decision to merge rail and general Budgets, do away with distinction between plan and non-plan expenditure, and advance date of Budget presentation with a view to complete the ent...
23 Sep 2016, 9.59 am | Source: PTI
"They (farmers) fear that BJP government and Arun Jaitleyji will not give farmers their rightful share so I have asked the government to directly tell what it will do for the farmers next year", the Congress vice-president stresse...
23 Sep 2016, 8.23 am | Source: PTI
"The abolition of a separate railway budget is not what it is purported to be. It is a measure towards commercialisation and privatisation of the Indian Railways," CPI(M) Politburo said in a statement.
22 Sep 2016, 4.31 pm | Source: PTI
At a press briefing, Jaitley announced that the Cabinet headed by Prime Minister Narendra Modi has decided to scrap nearly a century old practice of having a separate railway budget and merging it with general budget.
22 Sep 2016, 10.12 am | Source: PTI
The Cabinet decision to bring forward the presentation of the union Budget and merge the Railway budget with it, along with a likely roll-out of the Goods and Services Tax from April 1 next year, could well make 2017 a breakout ye...
22 Sep 2016, 9.04 am | Source: Moneycontrol.com
With plans to remove classification according to plan and non-plan expenditures, Shaktikanta Das says the government has already started conducting dry runs of a budget without plan and non-plan expenditures.
22 Sep 2016, 8.33 am | Source: CNBC-TV18
Speaking to CNBC-TV18 Former Finance Minister Yashwant Sinha said the railways can’t be treated like any other department. "My own feeling is that the Finance Minister will have to grant a lot of autonomy to the Ministry of Rail...
21 Sep 2016, 11.44 pm | Source: CNBC-TV18
Dinesh Trivedi, Former Rail Minister, said: "If you don’t have a separate Budget for railways the importance for railways goes away. You don’t need a railway minister, merge it with surface transport."
21 Sep 2016, 9.43 pm | Source: CNBC-TV18
Once the circular is issued Budget exercise will kick off, Finance Secretary Ashok Lavasa told CNBC-TV18. Under the contours of the merged Budget, gross budgetary support to Railways Ministry will continue, so will the commercial ...
21 Sep 2016, 4.50 pm | Source: CNBC-TV18
The 92-year-old habit of presenting a separate Railway Budget has finally come to an end. Railway Budget has been merged with Union Budget. The government has also advanced the date for Budget presentation and having just one head...
21 Sep 2016, 4.41 pm | Source: Moneycontrol.com
The government now plans to switch to a capital and revenue-spending classifications. This will help create a clear and effective link between the government’s earnings, spending and outcomes.
21 Sep 2016, 3.00 pm | Source: Moneycontrol.com
The Finance Ministry on Wednesday accepted the NITI Aayog member Bibek Debroy-initiated and Railway Minister Suresh Prabhu-backed proposal to merge the Rail and General Budgets. Here’s a quick take on the benefits and drawbacks ...
21 Sep 2016, 1.56 pm | Source: Moneycontrol.com