Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Highlights of the railway budget 201516 the hindu centre. Jul 08, 2014 shri gowda said these services would be meeting the demand surges which manifest themselves on special occasions. 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. Union railway minister of modi government presented their railway budget today. 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. Bonus 201516,bonus orders,plb bonus 2015,bonus act,bonus calculation formula.
New trains needed for the north eastern railway 201516. 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. We are faced with two headwinds, entirely beyond our control. Indian railway budget 201516, rail budget highlights, pdf. Railway budget for 201516 on 26th of february, 2015. To make this process more engaging and meaningful, you are invited to. 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 and announcing some relief to common man. Applications complete in all respects should be submitted only online to the railway recruitment board till 23. Railway budget 2018 live rail budget 201819 highlights. Railway board prescribed five digit coach numbering system. Interestingly there are no new trains announced by the rail minister suresh prabhu in his first rail budget 2015 16.
The 201516 budget estimated the operating ratio for the year to come down to 88. Madam speaker, this railway budget is part of a trilogy of documents that chart out our vision for the future. Mail today bureau we will continuously endeavour to improve the operating ratio of the railways. Union budget 201819 live updates highlights pdf download. The second part is todays budget for the year 201516. Feb 25, 2016 six charts show the downward trend of railways finances and why it is likely to get worse. Union budget 2017 key points from indias budget in pdf. This union budget will also include this years railway budget. Union budget documents railway budget speech 201516 pdf 371 kb.
Six charts show the downward trend of railways finances and why it is likely to get worse. Users can find all relevant documents related to the indian rail budget 2015 16. Indian railway budget 20152016 presented by suresh prabhu. Six charts show the downward trend of railways finances and. Explanatory memorandum on the railway budget for 201516. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015. Gross domestic product gdp growth of india for 201516 projected between 88. Passenger safety will be top priority in railway budget the spate of accidents under piyush goyals predecessor suresh prabhu has brought under question the railways safety record. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget. 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. Here are some of the highlights of the rail budget 2015. The budget has also identified major thrust areas to drive the growth from resource mobilisation for higher investments, 800 km of gauge. It was the final railway budget of india as after this budget, the railway budget got merged with the union budget of india. There is a high demand and urgent need for trains and specific improvements to some across the north eastern railway zone in india.
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. Highlights of the railway budget 201617 theme of the budget. The indian railway budget 2015 16 has announced that the indian railways envisages investment of rs 8. The budget mentions everything from baby food to restructuring of the railway board on business lines. Indian railway budget 201516, rail budget highlights, pdf, india. Indian railway budget speech 201617 india infoline. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget. Candidates are required to apply only through online mode. Ir to become prime mover of economy once again 2 resource mobilization for higher investments 3.
The rail budget 2016, railway minister suresh prabhu announces a capital plan of rs. Finance minister arun jaitley presented the union budget 201516 at the. From introduction of new trains to increased wifi connectivity and inhouse entertainment, a look at what stood out in the rail budget so far. Grant of adhoc bonus to rajasthan state government employees for the financial year 201819. Budget proposals to mark beginning of a five year action plan to transform the railways. With the focus to become the prime mover of the economy in india, the railway budget 201516 have laid the foundation of a longterm reforms for the railways. Ir to become prime mover of economy once again 2 resource mobilization for higher. In 201617 and 201718, the ministry has fallen behind. Union budget 201516 gives a boost to major initiatives of government. In 201617 and 201718, the ministry has fallen behind its targets. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. The key features of the budget 274 kb, finance minister arun jaitleys budget speech 124 kb, budget at a glance 6 kb, finance bill 2015 364 kb and the macroeconomic framework satement 245 kb can be accessed here as pdf documents.
Railway budget 201718, railway budget, arun jaitley, union. Major features in a nutshell the railways minister has not increased the passenger fares. If you like this, then please share it with your friends. The union railway budget for 201516 was presented by mr suresh prabhu, union minister for railways, government of india, on february 26. Railway budget 201718, railway budget, arun jaitley. This industrial policy action plan ipap report focuses on the 201415 financial year. Get all on indian railway budget 20118 railway budget 201718 expectation, railway budget 2017 new trains, railway budget 201 highlights, railway budget 2017 news and railway budget 2017 new fares. Six charts show the downward trend of railways finances. Award of 750 km of civil contracts and 0 km of system contracts in 201516 on dedicated freight corridor. The budget primarily focused on improving passenger amenities by providing 11. Decongestion of heavy haul routes and speeding up of trains. Indian railway budget speech 201516 speech of shri suresh. The union budget for 201516 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015.
In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Highlights of the railway budget 201617 theme of the. The highlights of the railway budget 201516, as provided by the. However, contrary to public expectations, he has not started any new train as well. Live budget news et brings you 360 degree coverage of the budget 201617.
Manoj singh, adviser transport the 201617 budget is remarkable in many ways. He said that special trains would continue to run to meet the holiday and festival rush including services for melmaruvathur, velankanni, jhalawar etc. The 2015 16 budget estimated the operating ratio for the year to come down to 88. The first in the series is the white paper that has been placed today for the information of the house. Jan 22, 2018 five months into his tenure as railway minister, the challenges for piyush goyal are immense. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Indian railway budget speech 201617 these are challenging times, may be one of the toughest. It is an assessment of key achievements for the previous financial year and constraints which continue to stifle the industrial sector. Check out the latest updates by clicking the below links and update yourself. And if sourcees in the ministry are to be believed, the focus of the 2018 railway budget will be largely on passenger safety. Here are the keypoints from indias union budget 2017. Interestingly there are no new trains announced by the rail minister suresh prabhu in his first rail budget 201516.
In order to infuse more transparency into budget making exercise and to have people as partners to the process of budget making, ministry of finance has decided to invite suggestions for budget 201516. Highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. Explanatory memorandum on the railway budget for 2015 16. Budget 2015 live budget coverage online, union budget 201516, key points and highlights of india budget 2015, income tax slab, fdi by finance minister arun jaitely. Railway budget is a unique feature of the indian parliamentary system. Nav arjan new revenues, nav manak new norms, nav sanrachna new structures. First, the union governments financial resources are themselves overstretched. No other mode for submission of application is allowed page no. Finance minister arun jaitley presented the union budget 201516 at the lok sabha on february 28, 2015. The spate of accidents under goyals predecessor suresh prabhu has brought under question the railways safety record.
Union budget documents railway budget speech 201516 pdf. In the north east states, meghalaya brought on the railway map of india and direct connectivity to delhi provided. Productivity linked bonus to railwaymen for the year 201516 in reference to out discussion with the additional member staff, railway board, on 2nd august, 2016, we have explained threadbare about the modalities and norms fixed for the productivityliked bonus to railwaymen for the year 201516. A large number of stations in east and central up qualify to get free wifi facility as per the announcement made by the railway minister. Five months into his tenure as railway minister, the challenges for piyush goyal are immense. In 201516, too, the railway exceeded its target of 2,500 kms by renewing 2,794 kms. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Budget 2015 live india budget news, union budget 201516. Gross traffic receipts are expected to increase by 15% to rs 1,83,578 crore in 201516 on account of the hike in freight rates and falling fuel prices.
Indian railway budget 20152016 presented by suresh. It is a synopsis of progress in our industrial efforts and challenges that threaten to render our efforts fruitless. Union budget 201516 india, indian union budget 201516. This document has been updated with details of the announcements and other key features of the rail budget. Users can access details related to railway budget, budget speech, budget highlights, budget statement, outcome budget, budget order, etc. In order to infuse more transparency into budget making exercise and to have people as partners to the process of budget making, ministry of finance has decided to invite suggestions for budget 2015 16. Chalo, milkar kuch naya karen three pillars of the strategy i. In 201617, the target for track renewal was 2,668 kms but the railway fell short by 181 kms and renewed only 2,487 kms. The indian railway budget 201516 has announced that the indian railways envisages investment of rs 8. The government has decided to end the 92yearold practice of presenting a separate railway budget and merged it with the general budget. The spate of accidents under goyals predecessor suresh prabhu has brought under question the railway s safety record. Find out how demonetization and aadhaar related programs will affect you. Business standard offers exclusive live coverage on indian railway budget 2017. However, according to the railway budget 201516, the government has decided to increase track length by 20 per cent over the next five years by 2020 there is a progressive shift to flash butt welding, which is superior in quality to aluminothermic at welding replacing analogue type machines with digital type machines promotion.
960 1475 1303 19 1003 1542 69 412 55 1314 1123 210 1189 264 879 463 15 952 1234 1119 1162 1534 950 1012 1491 1342 291 1272 497 1210 862 451 1449 795 916 195