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Why is railway budget presented separately from financial budget in India?
Wiki User
∙ 12y ago
Railway budget was separated from General Budget in the year 1924.
That time, it is the need to separate the budget as the railway generates more than 75% of revenue at that time.
Wiki User
∙ 12y ago
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Definition of railway budget and how it originated in India?
A railway budget is the annual financial statement of state-owned Indian Railways. The Minister of Railways presents the statement to Parliament each year. The railway budget began in India in 1924 when the railway finances of India were separated from the general government finances.
Where the Union budget is always presented first in?
Union budget is always presented first in - The Loksabha
Who presented the union budget in 1970?
prateek chaudhary
Who presented poor man's budget in India?
Liaqat Ali Khan had presented the poor man's bugdet in India immediately before partition.
What is master budget?
Master budget is the overall financial budget of company which includes budgets as follows:Sales BudgetProduction budgetSelling and administration budgetsCash budgetPro forma Income Statement & balance sheet etc.
Who presented Indian railway budget for 2011-2012?
Railway minister miss mamata baneerjee.
Why railway budget is presented before the general budget?
it is because the majority of revenue is generated from railways and hence to make it less complicated,it is presented seperatly
Definition of railway budget and how it originated in India?
A railway budget is the annual financial statement of state-owned Indian Railways. The Minister of Railways presents the statement to Parliament each year. The railway budget began in India in 1924 when the railway finances of India were separated from the general government finances.
When was rail budget of India 2012 introduced in parliament?
The Railway Budget 2012-13 will be presented on 14th March 2012 by Union Minister Mr Dinesh Trivedi.
How financial information presented?
Financial information is usually presented to board members at every board meeting. It is presented in writing, and subject to board approval. Typically, a balance sheet and a profit and loss against the budget with variances and the last year's year to date information is presented. As requested, a scorecard or a cash flow statement may be presented as well.
What is the budget of Ontario Northland Railway?
The budget of Ontario Northland Railway is 1 dollars.
Where the Union budget is always presented first in?
Union budget is always presented first in - The Loksabha
Who were the prime minister of India has not presented the budget?
whoes prem minister of indian has not presented the budget?
What is the difference between financial budget and a financial budget?
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
Who is the national budget is presented by the vice president secretary of state or president?
The national budget is presented by the secretary of treasury.
When is the Irish budget coming out?
At the time of answering the question, the next Budget for Ireland is due to be presented on Tuesday the 14th October of 2014. It is usually in October, so that it is in good time for the start of the financial year in January.
Is the national budget presented by the vice president the secretary of state or the president?
I believe that the national budget is presented by the President By: ~tnaproductions.synthasite.com~
