 "Budget merger: Railway autonomy to stay")
The rail ministry will have autonomy on fares, tariff revision and market borrowing but pension liabilities, dividend and gross budgetary support are unresolved, with the Cabinet likely to soon approve the merger of the Rail and General Budgets.
"The ministry of railways has its own revenue stream. It decides on capital spending and borrows from the market. Its financial independence will not be taken away," said an official, aware of deliberations between the rail and finance ministries.
Read our full coverage on Union Budget 2016
Sources said this week's Cabinet meeting would only decide on
"The ministry of railways has its own revenue stream. It decides on capital spending and borrows from the market. Its financial independence will not be taken away," said an official, aware of deliberations between the rail and finance ministries.
Read our full coverage on Union Budget 2016
Sources said this week's Cabinet meeting would only decide on
