when was the first railway budget in india introduced
Rail Budget John Mathai presented the first Railway Budget for independent India in November 1947.
Rail Budget Following the recommendation of the Acworth Committee in 1920-21, headed by British railway economist William Acworth[2] The "Acworth Report" led to reorganisation of railways, the railway finances were separated from the general government finances in 1921. After that in 1924 the budget was announced, a practice that continued till 2016.[3][4][5]