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India sets $US 20.8bn railway budget for 2017-18 (New Delhi, India)

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PRESENTING India’s first combined budget on February 1, finance minister Arun Jaitley announced an enhanced plan size of Rs 1.31 trillion ($US 20.8bn) for Indian Railways (IR) for the 2017-18 fiscal year and announced the setting up of a Rail Safety Fund (RRSK). IR will roll out an “accrual-based” accounting system by March 2019 and will take...

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Posted on: Saturday, 04 February, 2017  11:45
Expires On: Monday, 26 October, 2020  06:15

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