Railway minister suresh prabhu is set to present the rail budget 201516 on thursday in the lok sabha. I rise to present before this august house the statement of estimated receipts and expenditure for 2015 16 for indian railways. Railway budget 2018 live rail budget 201819 highlights. Indias defence budget 201516 manohar parrikar institute. Mcqs based on railway budget 2016 2017 day today gk. Indian railway budget 20152016 presented by suresh. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Further, details together with brief notes explaining the variations between budget estimates and revised estimates for 201415 and between revised estimates for 201415 and budget estimates for 2015 16 as given in the notes.
Snapshot of railway budget 201617 ficci economic affairs and research division ficcis comments on the railway budget 201617 welcoming the railway budget 201617, ficci president harshavardhan neotia said it is an extremely pragmatic rail budget based on the three critical strategypillars, aimed at making railways the backbone of. Highlights of the merger of railway and general budget. Calendars online and print friendly for any year and month. The statement of financial performance for 2015 16 and budget estimates for receipts and expenditure for 201617 is at. Feb 01, 2017 this is expected to open up new jobs for the youth 6. Reminiscent of the previous budget, the emphasis was on transforming the indian railways ir as an organisation by proposing to separate policy and operational functions of the railway board. While, the freight fares have been raised incase of urea by 10%, iron and steel by 0. Ir to become prime mover of economy once again 2 resource mobilization for higher. Key features of railway budget 2015 india news,the. Section i includes budget preparation forms, instructions and procedure for preparation and submission of detailed budget revised estimates 201415 and budget estimates 2015 16 in respect of federal government receipts. Railway minister suresh prabhu announced the rail budget for 201617 in the. The union budget of india, also referred to as the annual financial statement in the article 112.
In 1924 a separate railway budget was necessary because railway budget at that time was almost 56 th the size of union budget. Madam speaker, the railway map of india is a network of veins that pump lifegiving. Salient features of the railway budget for the year of 2015 16 is presented in a nutshell. Are you ready for insta 75 days revision plan upsc prelims 2020. Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 20162017, budget impact, exclusive coverage of budget 2016 news, india union budget 20162017, budget highlights of union budget 20162017 at economic times. Speech of shri suresh prabhakar prabhu introducing the railway budget for 2015 16 on 26th of february, 2015. In this regard, the budget 201516 can be considered as a historic one. The rail budget for 2015 16 has proposed a plan out lay of rs 1,00,011 crore, over one and a half times the outlay of rs 65,798 crore in the revised estimates for the current fiscal. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 2015 16, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime.
Prabhu had said best efforts were being made to fulfil peoples aspiration in the nda. The rail budget for 201516 has proposed a plan out lay of rs 1,00,011 crore, over one and a half times the outlay of rs 65,798 crore in the revised estimates for the current fiscal. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 201516, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime. Feb 25, 2015 green berets ultralight bug out bag with gear recommendations duration. Prior to the announcement of railway budget 201516, many news channels revealed that this years budget may be the last railway budget as government may club the railway budget with the general budget form the next financial year. The indian railway budget 201516 has announced that the indian railways envisages investment of rs 8. Government budgeting 6 critically examine the reasons for merging railway budget with the general budget. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget. The railway budget of 2016, presented by rail minister suresh prabhu on 25 february 2016, was a signature nda budget.
Here are some of the highlights of the rail budget 2015. The budget circular 202021, containing the formats, circulars and. Suresh prabhu has once again delivered a great railway budget. Air spotlight summary on merger of railway and general. Further, details together with brief notes explaining the variations between budget estimates and revised estimates for 201415 and between revised estimates for 201415 and budget estimates for 201516 as given in the notes. Railway minister suresh prabhu presented the railway budget 201516 in the lok sabha on thursday. This document has been updated with details of the announcements and other key features of the rail budget. Union minister of railways suresh prabhu presented the railway budget 2015 16 on 26 february 2015, which was the first full railway budget of the bjp modi government. It is to be noted that though the defence budget for 201516 has grown by eight per cent over the preceding years budget allocation, the growth rate amounts to 11 per cent over the revised allocation for 201415. Indian railway budget speech 201516 speech of shri suresh. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. Union budget 201516 railway budget 201516 february gk digest download pdf bankexamstoday use coupon code top15 on all courses. Sep 28, 2016 highlights of the merger of railway and general budget.
At present the size of the railway budget is about 6% of the size of the union budget. Signalling change in track there was great anxiety amongst market participants, industry, experts and the common man in general with respect to railway budget 201516. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Highlights of railway budget 201617 in questions and. This is expected to open up new jobs for the youth 6. With these words, madam speaker, i commend the railway budget for 201617 to the august house.
Live budget news et brings you 360 degree coverage of the budget 201617. Section i includes budget preparation forms, instructions and procedure for preparation and submission of detailed budget revised estimates 201415 and budget estimates 201516 in respect of federal government receipts. The budget was presented by the railway minister suresh prabhu in. By 2019, all coaches of the indian railways will be fitted with bio. Finance division, ministry of railways railway board and the departments of. Users can find all relevant documents related to the indian rail budget 2015 16. Following are some key highlights of the budget 201516. In his address, he assessed the performance of railways in 201415 and laid out his budget proposals for 201516. Explanatory memorandum on the railway budget for 2015 16. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015.
I rise to present before this august house the statement of estimated receipts and expenditure for 201516 for indian railways. The statement of financial performance for 201516 and budget estimates for receipts and expenditure for 201617 is at annex i. The statement above summarizes by broad categories the estimates of capital receipts both nondebt and debt receipts. Info package from esades intranet students can carry out all formalities, including access to the exchange information package around junejuly and online course registration once the enrolment period is opened in september. Railway budget 201516, complete analysis, gk topic. Indian railway budget speech 201516 speech of shri suresh prabhakar prabhu introducing the railway budget for 201516 on 26th of february, 2015 madam speaker, 1. Major features in a nutshell the railways minister has not increased the passenger fares. General budget which gives an overall picture of financial position of the government of india.
Institutional equity research railway budget 201516 india february 26, 2015 1 railway budget 2015 16. Indian railway budget speech 201617 these are challenging times, may be one of the toughest. Highlights of the railway budget 201617 the economic times. Union railway minister of modi government presented their railway budget today. Suresh prabhu, presented the railways budget 201516 to parliament on february 26, 2015. Railway budget of india also referred as rail budget is the annual financial statement of the state indian railways, which handles rail transport in india. As the railway budget 2015 was presented by the railway minister suresh prabhu, we take a look at the history of indian railways in years. On its way toward 360 transformation rail budget 201617 continued to cover every aspect of the railway ecosystem. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 20162017, budget impact, exclusive coverage of budget 2016 news, india union budget 20162017, budget.
Government has smartly managed to abolish the local body tax w. Sep 22, 2016 are you ready for insta 75 days revision plan upsc prelims 2020. Draft bill on regulator to be finalized restructuring railway board on business lines forming crosssectoral directorates page 1 of 15. United kingdom 2015 calendar with british holidays. At least 25 train stations are expected to be awarded during 201718 7. As majority of the focus continues on the common man, providing amenities and enriching quality of journey remained at the core of the overall discussion. The railway budget for 201516 union minister of railways suresh prabhu presented the railway budget 201516 on 26 february 2015, which was the first full railway budget of the bjp modi government. For 201516 to 201718, the fiscal year and calendar year projections are.
Business standard offers exclusive live coverage on indian railway budget 2017. Feb 28, 2015 salient features of the railway budget for the year of 2015 16 is presented in a nutshell. It outlined the namo administrations vision for modernization of the indian. Explanatory memorandum on the railway budget for 201516. The budget looked somewhat peoplefriendly as there was no hike in the passenger fare and freight rates despite the fact that the department has been facing a revenue crisis. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Indian railway budget 201516, rail budget highlights, pdf, india.
However, contrary to public expectations, he has not started any new train as well. The budget looked somewhat peoplefriendly as there was no hike in the passenger fare and freight rates despite the fact that the department has. Indian railway budget 201516, rail budget highlights, pdf. Railway wise breakup of the detailed demands for grants for railways grant no. Air spotlight summary on merger of railway and general budget. Users can access details related to railway budget, budget speech, budget highlights, budget statement, outcome budget, budget order, etc. Union railway minister suresh prabhu on 26 february 2015 presented the railway budget 201516 in the parliament. Speech of shri suresh prabhakar prabhu introducing the railway budget for 201516 on 26th of february, 2015. Pti union railway minister suresh prabhu on thursday smartly avoided controversy while presenting the rail budget by not increasing the passenger fares. Further, with an optimistic outlook for the economy and various measures outlined later, we hope to generate revenues of the order of rs. Finance division, ministry of railways railway board and the. Local body tax to be abolished from 1st august 2015. Zee media bureau speech of suresh prabhu introducing the railway budget for 201516 on 26 february 2015.
Includes columbia power corporation, bc railway company. The budget primarily focused on improving passenger amenities by providing 11. Union budget 2015 16 railway budget 2015 16 february gk digest download pdf bankexamstoday use coupon code top15 on all courses. Get ready for upsc civil services preliminary exam 2020 with insights insta 75 days revision plan. Green berets ultralight bug out bag with gear recommendations duration. Budget proposals to mark beginning of a five year action plan to transform the railways. We are faced with two headwinds, entirely beyond our control. Key features of railway budget 2015 india news,the indian. Indian railway budget 20152016 presented by railways minister suresh prabhu on 26th feb 2015 the key themes of the budget were in line with prime minister narendra modis initiatives swachch bharat mission, make in india and digital india. Railway budget 2017 indian railway budget 20172018 news. Indian railways will play its part in this historic mission. Instructions on preparation of budget and expenditure trends and. Indian railway budget speech 201617 india infoline.
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