Modi Government: Many important decisions have been taken by the government. Along with this, there have been many such decisions in these decisions, through which old practices have also been broken by the government. One such decision was taken by the Modi government in its first term.
Budget 2023: Since the year 2014, when the Modi government took over the reins of the country, many important decisions have been taken by the government. Along with this, there have been many such decisions in these decisions, through which old practices have also been broken by the government. One such decision was taken by the Modi government in its first term. This decision was regarding the budget and an old practice was broken by the Modi government. After this, he was also appreciated in the country.
Union budget
Actually, earlier the general budget presented by the central government was different and the railway budget was different. But an important decision in the Modi government was taken in the year 2017 regarding the budget. During that time, it was decided by the Modi government that now the general budget and railway budget will not be presented separately and both will be presented together.
Railway budget
The decision to present the general budget and the railway budget together is counted among the major decisions of the Modi government and the practice that has been going on for 92 years was also broken by the Modi government, due to which the Modi government took Seeing the big decisions, the country was also shaken. Let us inform that in 1924, a separate railway budget was started through the British. Whereas the merger of Railway and General Budget does not affect the functional autonomy of Railways but helps in increasing the capital expenditure.
Budget
The 92-year-old tradition of presenting the country’s general budget and railway budget separately was ended by the then Finance Minister Arun Jaitley in the Modi government. In the year 2017, Jaitley presented the country’s first combined budget by combining the general budget and the railway budget. The change was based on several recommendations from various stakeholders and allowed the government to take a more holistic approach towards the transport sector.