Highlights of the railway budget 2015 16 the hindu centre. Railway budget was presented by the then railway minister lalu prasad yadav, six times in a row. Rail budget of the modi government will be presented today. The railway budget speech, the highlights of the railway budget and the white paper on indian railways can be accessed through the following links. One can get the full text, pdf of the rail budget 2018. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Madam speaker, this railway budget is part of a trilogy of documents that chart out our vision for the future. As per article 1121 of the constitution it shouldas per article 1121 of the constitution it should be laid before both houses of parliament.
Budget is most economic event in the country which outlines all the economic planning of the government of india for the next year. The second part is todays budget for the year 2015 16. Todays chanakya carried out an opinion poll study to understand and evaluate the requirements of the railway passengers so that indian railways can i. Ir first proposed five hsr routes during the 200708 railway budget. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015 summary. Fuel expense was down 45 percent and 41 percent for the fourth quarter and full year 2015, respectively. According to the data i have received, in 20, the indian railways carried eight billion people on a network of 65,000 km.
Pti union railway minister suresh prabhu on thursday smartly avoided controversy while presenting the rail budget by not increasing the passenger fares. Railway budget 2017 highlights, union budget 2017, railway. Railway budgets 201516 highlights following are some of the salient features of the 201516 railway budget presented by suresh prabhu. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. The budget is presented by the finance minister of india in parliament. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. The mostexpected part about this years railway budget there is no increase in passsenger rail fares. As per indian budget 201516, the following excise import duty changes have been declared under import of vehicles other than railway or tramway rolling stock. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Kindly keep this document safely and please share this with your friends.
Since it was a substantial chunk of budget, it was decided prior to the general financial budget. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. Here are highlights finance minister arun jaitley announced in his. Live budget news et brings you 360 degree coverage of the budget 201617. Transfer of resources to states and union territories with legislature. Import excise duty changes as per budget 201516 under hs code chapter 87 vehicles other than railway or tramway rolling stock. Railway budget 2018 live rail budget 201819 highlights. In this years union budget, the total borrowing for capital expenditure is likely to be pegged at around rs 26,000 crore.
Gross traffic receipts are expected to increase by 15% to rs 1,83,578 crore in 2015 16 on account of the hike in freight rates and falling fuel prices. The budget primarily focused on improving passenger amenities by providing 11. Wifi facility launched at mysore railway station on. The new catering policy was launched recently by railway minister suresh prabhu as promised in the rail budget 201617. In december 2009, the vision 2020 of the ministry of railways ministry envisaged the implementation of at least four hsr projects, one each in the northern, western, southern and eastern regions of india. Indian union budget 201516, excise duty changes under. Union budget 201819 live updates highlights pdf download. 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. Rail budget seeks resource mobilization for higher.
No hike in railway passenger fares highlights of rail. Indian railway budget 201415, rail budget highlights, pdf. Railway budget, presented for 92 years, merged with union. Arun jaitley, during the budget 20152016 speech relevant to the financial services sector. Union budget documents railway budget speech 201516 pdf 371 kb. 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. General budget which gives an overall picture of financial position of the government of india. The indian railway budget 201516 has announced that the indian railways envisages investment of rs 8. Tanzania budget highlights 2015 diving deep 8 navigation tax provisions energy oil and gas infrastructure and transport education healthcare water agriculture quick tax guide contacts healthcare in the current budget, tzs 1821. 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. Union minister suresh prabhu presented the rail budget 2015 in parliament today and promised the pm narendra modi government would get the travel giant back on its feet within 5 years. Railways to become prime mover of indian economy, five years action plan proposed. The highlights of the railway budget 2015 16, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the following link. Welcoming private investment is different from privatisation.
Scenes from railways stations during presentation of the railway budget 201516. In the 200910 railway budget, one more route was proposed. Indian rail budget 2017 18 analysis and highlights pdf. D2g has prepared a consolidated pdf of economic survey, railway budget, and union budget 2016. No hike in railway passenger fares highlights of rail budget 2015. Railway minister suresh prabhus speech introducing the. We can expect questions from this document for the next one year. Railway budgetrailway budget annual financial statement i. Budget 2015 live india budget news, union budget 201516. The first in the series is the white paper that has been placed today for the information of the house.
Here are the highlights of the rail budget 2015 you can download pdf version of the same from here there is no increase in passsenger rail fares. Merged with the union budget in a historic reform measure in 2017, the railway budget for financial year 201819 is all set to be presented by union finance minister arun jaitley in. Here is the full railway budget 2015 pdf which is very important for ibps po, clerical, rrb, sbi exams, insurance exams in 2015. We will update the pdf file of 2018 budget when the budget sessions are completed. Railway minister suresh prabhu presented the railway budget 201516 in the lok sabha on thursday.
Key features of railway budget 2015 india news,the. The rail budget will be merged with the union budget starting next year in what finance minister arun jaitley. 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. Tanzania budget highlights and quick tax guide 2015 diving. The union budget of india also called the general india budget is presented each year on the last working day of february. Union finance minister arun jaitley announced the following highlights in the rail budget. From 20 february until the presentation of budget about 100 government employees remained locked up in the north block of the secretariat building, new delhi, which houses the budget printing press. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. The separate railway budget, a 92yearold tradition, has been scrapped by the centre. Users can access details related to railway budget, budget speech, budget highlights, budget statement, outcome budget, budget order, etc. Indian railway budget 201516, rail budget highlights, pdf. Finance minister arun jaitley arriving to present the general budget 2015 at parliament house in new delhi on friday. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years.
Indian rail budget 2017 18 analysis and highlights pdf download indian rail budget this year the budget 2017 is unique not only because of the fact that it has been preponed to february 1, but also because it will include the railway budget. Budget estimates 2015 16 details in appendix in 2015 16, the railways surplus is expected to increase by 96% to rs 14,266 crore thereby decreasing the operating ratio to 88. The railway ministers speech introducing the railway budget can be accessed as a pdf document 371 kb through the following link. India new budget 2018, 2017, 2016, 2015, 2014, 20, 2012. 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. Employment levels were reduced in the latter half of 2015 in response to weakening customer demand. For the full year 2015, compensation and benefits expense was flat compared with the same period in 2014. Expansion of rail capacity is one of the highlights of the 2015 15 railway budget, presented in parliament today by the minister of railways, suresh prabhu.
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