Schemes Like Smart Cities, Speed Trains in Next Budget

The Finance Ministry has already initiated the exercise for Budget 2015-16 by seeking inputs from various ministries and departments. The Budget 2015-16 will include many of the schemes announced by Prime Minister Narendra Modi such as smart cities and high speed trains told by Finance secretary.

The ministries have been asked to submit revised estimates of expenditure for 2014-15 and demand for grants for the next financial year beginning April 1, 2015. This would be the second Budget of the Narendra Modi government.

Prescribing timelines for submission of proposals, discussion with Secretaries and finalisation of demand for grants, the ministry has asked officials to strictly adhere to the schedule. The ministries have been asked to submit revised estimates of expenditure for 2014-15 and demand for grants for the next financial year beginning April 1, 2015.

Finance Secretary also said that work is under way on various infrastructure building projects such as smart cities, high speed rail and industrial corridors.

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