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Sub title : Expert Committee Reports on Accounting, Budgeting, and Inter-Dominion Service
Subject: Partition of India 1947 | Financial and accounting division of railways | Budgetary arrangements
Date of publication: 1947
Language: English
Page: 7p.
Source: National Archives of Pakistan
Serial no: 28056
Keyword: Partition of India 1947 -- Railway finance -- Accounting procedures | Expert Committee No. V(ii) -- worked lines -- running powers -- mutual assistance -- budget estimates -- M.A. Jinnah (as head of Pakistan administration).
Abstract: Report of the Railway Sub-Committee of Expert Committee No. V(ii) detailing recommendations for the financial, budgetary, and accounting separation of railways after Partition. Includes a provisional revenue budget for Pakistan Railways, principles for closing central accounts on August 14, 1947, and detailed recommendations for future financial adjustments for services rendered between the two dominions (e.g., worked lines, running powers, periodical overhauls in workshops). Contains a dissenting note by member P.M. Joseph expressing concerns over the practicality of prolonged account closure.
Description: This report focuses on the crucial financial and operational protocols needed to disentangle the integrated accounting and service systems of Indian railways upon Partition. It provides the framework for how the newly separated Pakistani and Indian railway administrations would settle accounts for shared infrastructure use, mutual services, and ongoing interdependencies. The document highlights the transition from a unified accounting system to a bilateral settlement model based on cost (no profit, no loss). The attached note by P.M. Joseph underscores the acute administrative and political challenges anticipated in implementing this complex financial separation, reflecting the practical difficulties faced by the nascent Pakistani state under M.A. Jinnah in establishing its independent economic governance. SCANNED BY: NATIONAL ARCHIVES OF PAKISTAN.
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