In which session of Parliament, Railway and General Budgets are presented ?

Asked 10-Mar-2018
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In India, the Railway Budget and the General Budget are presented in separate sessions of Parliament. The Railway Budget is presented in the first session of Parliament each year, while the General Budget is presented in the second session.

The Railway Budget of India is an annual financial statement presented by the Ministry of Railways, which outlines the financial performance of the Indian Railways and the plans and priorities of the ministry for the upcoming fiscal year. The Railway Budget is presented in the first session of Parliament each year, typically in February.

The Railway Budget includes a number of key elements, such as:

  • A review of the financial performance of the Indian Railways for the current fiscal year
  • A statement of the estimated income and expenditure for the upcoming fiscal year
  • An outline of the capital expenditure planned for the upcoming fiscal year, including investment in new rail lines, trains, and other infrastructure
  • An overview of the plans and priorities of the Ministry of Railways for the upcoming fiscal year, including any new initiatives or projects.
In which session of Parliament Railway and General Budgets are presented

The General Budget of India is an annual financial statement presented by the Finance Minister, which outlines the financial plans and priorities of the government for the upcoming fiscal year. The General Budget includes the budgets for all government ministries and departments, as well as the Railway Budget. The General Budget is presented in the second session of Parliament each year, typically in February.

The General Budget includes a number of key elements, such as:

  • A review of the financial performance of the government for the current fiscal year
  • A statement of the estimated revenue and expenditure for the upcoming fiscal year
  • An outline of the government's plans for taxation and other revenue-generating measures
  • An overview of the government's plans and priorities for the upcoming fiscal year, including any new initiatives or projects.

In conclusion, the Railway Budget and the General Budget are two important financial statements presented by the Indian government each year. These budgets play a crucial role in shaping the direction and priorities of the Indian government and are closely watched by businesses, investors, and the public.