Full budget allotment 201920 submajor head 11 provident fund, pension and other retirement benefits. Indian railway budget 2016 exclusive coverage at times of india. Railway minister suresh prabhu announced the rail budget for 201617 in. Get latest updates on budget highlights, railway budget, expert views and opinion. Today rail budget 2016 in hindi railway budget pdf new train rail fare hike. Railway budget 2018 live rail budget 201819 highlights. Rail budget 201920 regular modified regular budget 201920 other coaching earnings target. Mcqs based on railway budget 2016 2017 day today gk. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. We are faced with two headwinds, entirely beyond our control. Highlights of the railway budget 201617 current affairs gktoday. Right from the financial performance, new trains, upcoming projects, futuristic ideas are mentioned by the. Union budget 201819 live updates highlights pdf download.
Taking that into consideration, the budget focuses on key priority areas reflected in the fydp ii as follows. If you like this, then please share it with your friends. In his budget speech, suresh prabhu made the point that the government wanted to provide to the citizens a rail system that they can be proud of a system free from capacity constraints, a system that is efficient and predictable, a system that is sparkling and pristine, where the people of my. Disposable bed rolls are now available at select stations to all classes of passengers. Highlights of the railway budget 201617 the economic times. Annual railway budget 201617 ibps sbi ssc rrb rbi lic. Highlights of the railway budget 201617 theme of the.
The railway budget for 201617 spared passengers and goods movement from any increase in tariffs while it announced introduction of three new superfast trains and creation of dedicated northsouth. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Not only the above, there are many other important announcements made as part of the budget 2016. Indian railways launches a new micro site for railway budget 201617 update and budget watch. The tradition of presenting the rail budget separately was a colonial era policy of british government based on the report by 10member acworth committee in 1924. Indian railways has started a new microsite for latest railway budget update and live budget watch. 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. Indian railway budget speech 201617 india infoline. My budget proposals are, therefore, built on this transformative agenda with nine. Restrict growth of ordinary working expenses by 11. The minister for railways, suresh prabhu, presented the railway budget for the year 201617.
The budget introduced some new facilities for senior citizens, women and. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. Highlights of the railway budget 201617 pdf version published on thursday, february 25. Full text indian railway budget speech 201617 blog. The 201718 government budget is the second year of implementing the national five year development plan 201617 202021 fydp ii. This years budget is focused more on completion of ongoing projects than launching of new ones. A new metro rail policy will be announced with focus on. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Indian railway budget 2016 exclusive coverage at economic times.
Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. The common man is expecting a lot of things from the rail budget 2018 as. During the budget 2017, the rail budget was presented with union budget. Union and rail budget announcement the union railway budget 201617 announced higher capex spending for the coming year, which includes investment in new freight corridors, continuing emphasis on new lines and electrification, and new projects in logistics and cold storage, indicating focus on infrastructure. In his budget speech, suresh prabhu made the point that the government wanted to provide to the citizens a rail system that they can be proud of a system free from capacity constraints, a system that is efficient and predictable, a system that is sparkling and. Highlights of the railway budget 201617 are given below.
Organisational restructuring reorganize the railway board along business lines and suitably empower chairman, railway board. Total revenue in 201617, undershot budget estimates by rs 6,300 crore 4%. The railway budget was presented every year, a few days before the union budget, till 2016. Reductions planned in diesel and electricity consumption. Dear readers, railway minister suresh prabhu presented his second railway budget in the lok sabha in new delhi on february 25, 2016.
Railway budget 201718 the railways finances were presented on february 1, 2017 by the finance minister mr. Coolies new name d railway magazine including railways upcoming ventures e none of the above. Theme of budget reorganize, restructure rejuvenate indian railways. It was the final railway budget of india as after this budget, the railway budget got merged with the union budget of india. Live rail budget updates, latest rail budget news and headlines on railway budget 20162017.
Know about new trains, facility, fares, barcoded tickets, cleaning on demand and childrens menu in suresh prabhus customerfocused railway budget 201617. In 201516, the gross budgetary support from central government decreased by % from a budget estimate of rs 40,000 crore to revised estimates of rs 34,661 crore. Chalo, milkar kuch naya karen three pillars of the strategy i. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. Railway budget 2016 full highlights free pdf download. Union finance minister arun jaitley announced the following highlights in the rail budget. Railway budget was merged with the union budget, in 2017, putting an end to the 92yearold tradition of presenting it separately. 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 201617 has been presented by the minister of railways. Railway budget highlights 201617 union minister of railways suresh prabhu announced his second railway budget in the parliament on 25 february 2016.
Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Ministry of railway invites suggestions from the public regarding the forthcoming railway budget 201617 facebook twitter last date feb 01,2016 00. Check out the latest updates by clicking the below links and update yourself. Highlights operating ratio expected to improve to 87.
Indian railway budget speech 201617 these are challenging times, may be one of the toughest. The constitutional amendment bill introduced in the lok sabha on 22nd march, 2011. Budget 2016, india union budget 201617, live, news. Highlights of railway budget 201617 theme of budget. On its way toward 360 transformation rail budget 201617 continued to cover every aspect of the railway ecosystem. Highlights of the railway budget 201617 pdf version. Today rail budget2016 in hindi railway budget pdf new. A platform to know and share latest information on gstgoods and service tax in india.
Indian railway budget speech 201617 speech of shri suresh ibef. Here are the very important expected questions from rail budget 201615 1. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Comments of department of revenue on first discussion paper on gst. Detailed analysis prs legislative research march 2, 2016 2 this investment every year, known as dividend. Railwaywise breakup of the detailed demands for grants for railways grant no. Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Indian railways launches a new micro site for railway. Railway budget 2017 highlights, union budget 2017, railway. Highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. Railway budget 2020 2021 latest updates irctc help.
To reorganise, restructure and rejuvenate indian railways. It is presented every year a few days prior to the introduction of. Detailed annual railway budget for the year 201617 annual railway budget is a statement of estimated receipts and expenditure of the ministry of railways, which handles the railway transport in the country. It will be a onestop shop for all railway budget related information. Live india budget 2016 news coverage online, highlights of union budget 201617, income tax slab, fdi, fiscal policy, gst bill by finance minister arun jaitely. 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. With suresh prabhus railway budegt 2016 presented today, many new norms and changes have been introduced keeping in mind the common man. Page 1 of 8 highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. Train fares have been kept unchanged this time as well. P a g e 3 snapshot of railway budget 201617 ficci economic affairs and research division navarambh a new beginning navinikaran structural interventions. Nav arjan new revenues, nav manak new norms, nav sanrachna new structures. The budget allocations, net of recoveries and receipts, are given below. The new catering policy was launched recently by railway minister suresh prabhu as promised in the rail budget 201617. What is the traffic revenue target in rail budget 201617.
This was the first time since 1924, that the railways budget was merged with the union budget. Ministry of railway invites suggestions from the public. Business standard offers exclusive live coverage on budget 2016 presented by finance minister arun jaitley. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Live budget news et brings you 360 degree coverage of the budget 201617. Get latest union rail budget news and headlines on union railway budget 20162017.
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