Union Cabinet to consider presenting Budget for 2017-18 on Feb 1

India Infoline News Service | Mumbai | September 21, 201608:56 IST

The cabinet may also take up the proposal to merge the Railway Budget with General budget and segregation of the Budget into plan and non-plan expenditure, and replace it with Capital and Revenue expenditure.

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, as per media reports.

The cabinet may also take up the proposal to merge the Railway Budget with General budget and segregation of the Budget into plan and non-plan expenditure, and replace it with Capital and Revenue expenditure.

Currently, the Union Budget is presented on the last day of February.
 

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