Finance minister ms sitharaman will present the ninth budget of prime minister narendra modis government in the lok sabha at 11 am on 01. On its way toward 360 transformation rail budget 201617 continued to cover every aspect of the railway ecosystem. Suggestions for indian railway budget 201617 24 coaches. Union finance minister arun jaitley announced the following highlights in the rail budget. Finally we will inform you that you guys will not need to worry about railway fare because this is confirmed that there will be no changes in the railway fares.
Railway budget 2016 was presented on february 25, 2016 by suresh prabhu. Mar 01, 2016 railway budget 2016 was presented on february 25, 2016 by suresh prabhu. Page 1 of 8 highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. In his address, he commented on the performance of railways in 201516 and laid out his budget proposals for the upcoming fiscal year. A departmental undertaking of the government of india goi, which owns and operates most of indias rail transport. Every year the indian railways financial statement should be presented by railway. Chalo, milkar kuch naya karen three pillars of the strategy i. When and where to watch indian railway budget 2019. Highlights of the railway budget 201617 theme of the budget. During the year 201617, indian railways introduced new trains, extended the. Highlights of the railway budget 201617 an official report. On 29th february 2016, finance minister arun jaitley presented his third union budget for 201617 citing the acceleration of gdp growth to 7. Introduction the year 201617 has probably been one of the most awaited, coming as it does after the 8th november 2016 demonetization action which made history by the sheer size and rapidity of. The railways envisages a capital expenditure of rs.
What is the traffic revenue target in rail budget 201617. Till the year 201617, the railway budget was presented to the. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Railway budget is a unique feature of the indian parliamentary system. Nav arjan new revenues, nav manak new norms, nav sanrachna new structures. Highlights of the railway budget 201617 pdf version. Unlike last year, prabhu did not propose a hike in passengers fares or freight rates, and introduced three new superfast trains. 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.
This was the the second railway budget for suresh prabhu and third rail budget of the prime minister narendra modiled nda government. India, lok sabha, 19th report, standing committee on railways 2012 3. Expected questions on railway budget 201617rail budget 2016. But it does not show any increase in the gender budget i. Railway budget 201516, railway budget 201617 ministry of railways, techsci research note. Highlights of the railway budget 201617 an official report highlights of the railway budget 201617. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. This moment in history is the dawn of a new era one. Passenger and freight revenues of the indian railways are way below. Feb 25, 2016 brings for its readers 20 important quiz on railway budget 201617 that was presented on 25 february 2016 by the railway minister suresh prabhu. Here are the highlights of the railway budget 2016 minister sees operating ratio of 92 percent in fy17 as against 90 percent in current year rs 8,720 cr saving in 201516 budget in fuel cost like power. Railway minister suresh prabhu presented his second railway budget in the lok sabha in new delhi on february 25, 2016. The budget allocation for the current year 201617 is rs. Operating ratio at 92% fy17 as against 90% in current year.
Presenting the railway budget for 201617, prabhu spoke a new. Mcqs based on railway budget 2016 2017 day today gk. Indian railway budget 2016 exclusive coverage at times of india. Total expenditure for 201718 is projected at rs 1,80,550 crore which is a 10% increase from the revised estimates of 201617.
The minister for railways, suresh prabhu, presented the railway budget for the year 201617. Highlights of the railway budget 201617 pdf version bankexamstoday. The ministry expected a revenue of 30% in 2012 at rs 89,000 crore in the same. It is proposed to take up the following freight corridors. Integration of all consumer it initiatives onto a single platform indian railways consumer it. Here are highlights finance minister arun jaitley announced in his.
The railway budget and the union budget for financial year 201617 were presented on 2522016 and 2922016 respectively. On november 26, 1947, the first union budget of independent india was presented by r. The railway budget was presented every year, a few days before the union budget, till 2016. Treasury took this step because he had to spend large amounts of money. Presenting the railway budget 201617 in the parliament today railway minister shri suresh prabhakar prabhu said the budget seeks to fulfil the longfelt desires of the common man such as reserved accommodation on trains available on demand, time tabled freight trains, high end technology to improve safety record, elimination of all unmanned. Everything you need to know about railway budget 2016 17. India, ministry of railways, outcome and performance budget, 201617 2. Implementation of budget announcements 20152016 pdf file opens in a new window. The 2016 rail budget promises exciting changes, and the railways is working to introduce new types of trains, modernize to improve services and safety, and even to use solar power.
Year book 201617 indian railways indian railways civil. On 25 th february 2016, the union railway minister suresh prabhu has presented the rail budget for this financial year of 201617. Indian railway budget 201617 speech simple tax india. Railway budget 2016 full highlights free pdf download. Passengers amenities introduced in the railway budget 201617 clean my coach service through sms baby foods, hot milk and hot water at stations. Highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. In the rail budget 2016, railway minister suresh prabhu announces a capital plan of rs. Indian railway budget speech 201617 speech of shri. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu.
For further and latest details, you can stay in touch with us and bookmark is the best option for you all. You are going to get lots of more details like this. An eastward extension from biman bandar to barasat over 10. India, ministry of railways, explanatory memorandum 201617 4. From no fare hike to smart coaches and ticketing facilities for unreserved travel, suresh prabhu in his rail budget 2016 announced a slew of measures aimed at enhancing customer experience. Today rail budget2016 in hindi railway budget pdf new. Every year the indian railways financial statement should be presented by railway ministry. Railway budget 2018 live rail budget 201819 highlights. Union railway minister suresh prabhu on 25 february 2016 presented the railway budget 201617 in the parliament. The budget introduced some new facilities for senior citizens, women and differentlyabled. Total revenue from traffic for 201718 is estimated at rs 1,88,998 crore, which is a 10% increase from the revised estimates of 201617. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Revenue from freight and passenger is expected to grow by 9% and 4% respectively.
Railway wise break up of the detailed demands for grants 202122 part ii demand no. On 25 th february 2016, railway budget for the fiscal year 201617 has been presented by union minister of railways suresh prabhu the key budget document dubbed annual financial statement aka budget statement, showing estimated receipts and expenditure, has to be laid before parliament in respect of every financial year which runs from 1st april to 31st march w. Continuing with the measures laid down by the railway budget, the union budget addresses the needs of the. Rail budget headlines download in pdf day today gk. Earlier, the railway budget and the union budget were presented separately. Indian railway budget speech 201617 speech of shri suresh.
An indepth analysis of railway budget 201617 niti aayog. More general class coaches are going to be added by the ministry of railways. Road transport in passenger segment to be opened up to private sector by amending motor vehicles act to removereduce permit raj and allow more private participation. The first step towards a new age was initiated on 16 april, 1853. Karnataka mining scam left a grave impact on railway budget 2012 as trivedi said that continued ban on iron ore by karnataka has led to downfall of 993 to 970 million metric tonnes. So, stay tuned to this page for pdf file of union budget 201819. This is expecting that ministry of railways will announce railway budget 2016 in the end of february 2016. Other coaching includes service coaches such as pantry cars, parcel vans, mail vans, etc, provisional freight business for indian railway is supported by 9 commodities. Railway budget 20162017 free current affairs pdf download.
Probably, india is the only country in the world to have a budget dealing with a specific segment of the transport sector. Northsouth connecting delhi to chennai, eastwest connecting kharagpur to mumbai. Overcoming challenges reorganize, restructure rejuvenate indian railways. The work on this project from noapara to barasat is being executed by metro railway, kolkata. T he union railway minister suresh prabhu today 25th february 2016 presented the railway budget of the year 201617 in lok sabha. Suresh prabhu, presented the railway budget 201617 to parliament on february 25, 2016. Works machinery and rolling stock programme of railways for 201011 pink book expenditure managementeconomy measures and rationalization of. Parliament separately and figures relating to the receipts. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. In 195152, c d deshmukh was the first indian governor of rbi who presented the interim budget. Indian railway budget speech 201617 speech of shri suresh ibef.
Jun 26, 2017 in 201617, the revenue from freight traffic decreased from budget estimates by 8%, while revenue from passenger traffic decreased by 6%. Right from the financial performance, new trains, upcoming projects, futuristic ideas are mentioned by the. Feb 25, 2016 the minister for railways, suresh prabhu, presented the railway budget for the year 201617. It was the final railway budget of india as after this budget, the railway budget got merged with the union budget of india. Highlights of the railway budget 201617 theme of the. Railway budget 201617 highlights pdf download 8 pages. Railway minister suresh prabhu today 25 february, 2015 presented the budget for 201617 in lok sabha.
You can also give your suggestions to be included in the budget though this online portal here. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament. India, ministry of railways, speech on railway budget, 201617 6. Union budget 201819 live updates highlights pdf download. We will update the pdf file of 2018 budget when the budget sessions are completed. Page 1 of 8 highlights of the railway budget 201617. Page 1 of 46 indian railway budget speech 201617 speech of shri suresh prabhakar prabhu introducing the railway budget for 201617 on 25th of february, 2016 madam speaker, 1. Highlights of the railway budget 201617 an official. Highlights of the railway budget 201617 are given below. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. The documents shown from serial a, b, c and d are mandated by art. Presenting the railway budget, mr prabhu said that investment for railway modernisation will to go up to rs 1. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Total revenue in 201617, undershot budget estimates by rs 6,300 crore 4%.
In 195859, pandit jawaharlal nehru was first pm who presented the union budget. Railway budget 201617 live rail budget 20162017 download hindi english pdf meanwhile, support for the overall financial allocation for railways 201516 year treasury reduced rs. Railway budget of india 2016 capsule download as pdf. Live rail budget updates, latest rail budget news and headlines on railway budget 20162017. Here are the very important expected questions from rail budget 201615 1. Highlights of the railway budget 201617 pdf download 8 pages highlights of the railway budget 201617. No hike in passenger fare railway budget 2016 central. I rise to present before this august house the statement of estimated receipts and expenditure for 201617 for indian railways. The railway budget 201617 has been presented by the minister of railways, shri. Union budget 201617 impact on the automotive sector. Emphasis is on completion of works relating to construction of new lines, guage. The fund has a corpus of one lakh crore rupees over a period of five years partially funded. Ministry of railways, make in india, railway budget fy1617, indian railways statistical publications 2016 17, techsci research indian railways ir is.
1481 963 212 1170 1364 937 821 381 1588 1243 1492 1196 448 1404 265 1022 1169 705 470 655 918 407 1447