Railway Budget 2016

Railway Budget 2016
Railway Budget for the financial year 2016-17 will roll-out the financial statement of state-owned Indian Railways. It will be presented by Railway Minister Suresh Prabhu on February 25. The release of a separate rail budget document, demarcated from the Union Budget is a practice inherited from the colonial British rule. Railway budget indicates the economic health of the Railways, revealing the revised estimate for the concurrent year and the budget estimates for the forthcoming financial year. Along with the Union Budget, it gets legal validation under Article 112 of the Indian Constitution.

Railway Budget 2016 News

NCP dubs Rail Budget 2016 as 'housekeeping budget'

Press Trust of India | Feb 26, 2016, 2:03 AM IST

"The word 'dustbin' was used by the Railway Minister again and again. He kept talking about cleaning the stations and trains in various ways. The question now before us is that if this was a rail budget or a 'housekeeping budget' and if he is the Rail minister or Housekeeping minister," he said.

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