Suresh Prabhu the rail minister is all set to change the scenario in the Indian Railways. Soon one can see bullet trains in India. Now we already have high speed trains.
The 92-year-old practice of presenting a separate Rail Budget to come to an end from the next fiscal, with the Finance Ministry accepting Railway Minister Suresh Prabhu’s proposal to merge it with the General Budget.
According to railways, The Finance Ministry has now constituted a five-member committee comprising senior officials of the Ministry and the national transporter to work out the modalities for the merger. The committee has been asked to submit its report by August 31.
“I had written to Finance Minister Arun Jaitley for merger of the Rail Budget with General Budget.
This will be in the Railway’s interest and also in the nation’s interest. We are working out the modalities,” Prabhu told .
