In dark over rail-Union budget merger proposal: Congress

The opposition is still in the dark over the proposal for merging the Railway Budget with the General Budget and advancing Parliament session by about a month to January 24 so as to complete all legislative work before the beginning of the new fiscal from April.

"The government has not held any consultations with us on the issue," was the cryptic comment of the Leader of the Opposition in Rajya Sabha Ghulam Nabi Azad when asked about the proposal.

He replied in similar vein when asked as to how the main opposition viewed the proposal which is likely to be taken up by the Union Cabinet soon.

Reports had it that the government is thinking of early convening of the Budget Session this year to expediate passage of the supporting legislations for GST rollout and it may become a norm in the years to come.

The government is planning to convene the Winter Session of Parliament on November 12 this year to get the supporting legislations for GST rollout approved early.

The Finance Ministry is overhauling the Budget-making exercise which may see scrapping of the present practice of presenting a separate budget for the railways as well as shifting to multi-year outcome-based budgeting, sources said.

Till now the Budget Session was convened in the third or fourth week of February, and the Union Budget presented on last date of the month. This led to the legislative approvals taking place in two phases spread between February and May.

To get all tax proposals as well as expenditure on schemes kicking in from beginning of new fiscal on April 1, the Budget Session of Parliament is likely to be convened on January 24.

The Economic Survey, that presents the state the economy, is likely to be presented on January 30 and the Union Budget on January 31.

Appropriation as well as Finance Bill would thus get approved in the following two months.

New Traffic Signals on Coimbatore-Avinashi Road: Trial Run Begins Today

New automated traffic signals installed at ESSO Bank and Pioneer Mill junctions on Coimbatore-Avinashi Road will begin a...

V. Rangaswamy Elected as CODISSIA President for 2026–2028

V. Rangaswamy was unanimously elected as the President of CODISSIA for the 2026–2028 term at the Association’s 57th Annu...

Coimbatore Lok Adalat Resolves 4782 Cases in Single Day, Dispenses Rs 1.11 Crore Compensation

The National Lok Adalat held in Coimbatore district resolved 4782 cases in one day. Two families who lost members in acc...

Coimbatore’s Green Journey: Siruthuli Marks 23 Years

Celebrating its 23rd anniversary, Siruthuli reflects on more than two decades of citizen-driven environmental action tha...

Coimbatore Corporation Council Meeting Scheduled for June 17

Coimbatore Corporation's ordinary council meeting will be held on Wednesday, June 17 at 10.30 am at Victoria Hall. Mayor...

Coimbatore District Collector Orders Coimbatore Students to Take Elder Protection Pledge on June 15

Coimbatore District Collector Pawan Kumar Giriyappanar has directed all government and private schools to administer a p...