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Budget merger will be very helpful: MoS Railways

"Rather, it will be very helpful," he told reporters here, when asked if there would be "any difficulty" for the Railways with the central government's decision to merge the two Budgets.

September 23, 2016 / 17:15 IST
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The Centre's decision to merge the railway Budget with the general Budget will be "helpful" for the Railways, especially from a funding point of view, Union Minister of State for Railways Rajen Gohain said today.

"Rather, it will be very helpful," he told reporters here, when asked if there would be "any difficulty" for the Railways with the central government's decision to merge the two Budgets.

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While earlier the onus for funding was on the Railways itself, this responsibility will now go to the government, Gohain said, adding that the move will also help Railways in improving its "functionality".

Ending a 92-year-old tradition, the Union Cabinet had on Wednesday decided to merge the rail Budget with the general Budget, with Railway Minister Suresh Prabhu saying the merger would not impact the functional autonomy of the Railways but help in enhancing capital expenditure.