Merger of rail budget with the central budget okay-ed by Prez

President Pranab Mukherjee has approved changes in government rules to allow merger of rail budget with the central budget.

The Department of Economic Affairs has been entrusted with the work relating to preparation of central budget including rail budget, as per a recent order issued by Cabinet Secretariat.

Earlier, the department was looking after the preparation of budget other than the railway.

The President has given nod to amend Government of India (Allocation of Business) Rules, 1961 in this regard and the department will now prepare both the budgets.