Jul 08, 2014 shri gowda said these services would be meeting the demand surges which manifest themselves on special occasions. In this budget arun jaitely has mentioned the issues like raising the personal tax exemption limit by rs. Users can find all relevant documents related to the indian rail budget 201516. Interim railway budget 2014 15 contains revised estimates for 2014 and the estimated receipts and expenditure for 2014 15, sufficient to cover the estimated expenditure for the first four months of the fiscal in view of the ensuing general election. Find detailed highlights of key features, passengerfriendly measures and reactions to the interim budget 2014. In the year 2014, gross traffic receipts were rs 1,39,558 crore and total working expenses were rs 1,30,321 crore, which works out to an operating ratio of almost 94%. Further combined discussion on the budget railways 201415. This was the first budget of narendra modi led nda government. The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Our budget is the product of a great deal of reflection, coordination, and discussion. The people of india have decisively voted for a change. The world economy has been witnessing a sliding trend in growth, from 3. Also included is a narrative description of all revenue sources and a description of legal constraints and financial policies.
Historical budget documents are available for reference purposes. The highlights are as follows we are now targetting to become the largest freight carrier in the world. The total expenditure as per union budget 201415 is rs. Ppp opportunities experience so far key milestones for ppp in railways ppp models in railways policies and schemes. Pwc by the fy 201617, the government budget will be funded 96% by revenue from domestic resources 0 5000. New trains in railway budget 201718 for the first time rail budget 201718 has been presented along with the general budget.
Surveys for 19 new rail lines proposed in interim rail budget new delhi. Union budget of india 201415 highlights and analysis. Bullet trains, modernisation of railways, better facilities for passengers, fdi. He said that special trains would continue to run to meet the holiday and festival rush including services for melmaruvathur, velankanni, jhalawar etc. Reminiscent of the previous budget, the emphasis was on transforming. I ndian finance minster arun jaitley presented the narendra modi governments maiden budget for the year 201415 today 10th july 2014. The bulk of future railway projects will be financed through publicprivate partnerships, sadananda gowda said while presenting his maiden budget. For the fourth consecutive year, the budget increases funding for. This years budget is a continuation of our long journey towards creating a. In the 2014 15 fiscal the amount of railway revenue that could be used for purposes of investments was 8. Introduction at the beginning of this report, i can confirm that we are on schedule to rebalance our revenue budget by 201516. Budget 2015 live india budget news, union budget 201516.
Railway minister mallikarjun kharge today announced surveys for nineteen new lines to be taken up during 2014 15. Indian railway budget 20142015 presented by mr sadanand. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Union budget 201415 india, indian union budget 201415. The budget is required to include certain information about the rates and charges that council intends to levy as well as a range of other information required by the regulations which support the act. The agency coordinates the states environmental regulatory programs to provide fair and consistent enforcement of the law. Budget circular 20142015 the budget circular 201415 is hereby issued containing the timelines for submission of information to ministry of finance along with prescribed formats. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015. The charter requires that, inter alia, the government provide a final budget outcome report no later than three months. Indian railway budget 2014 2015 presented by mr sadanand gowda on 8th july 2014 indian railway minister, mr sadanand gowda presented indian railway budget 2014 2015 on 8th july 2014 in parliament.
Medium term fiscal policy cum fiscal policy strategy statement. How is this 2014 railway budget presented by the nda. The union budget of india for 20142015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. At least 25 train stations are expected to be awarded during 201718 7. Goa konkan railway madgaon mangalore intercity express daily via udupi, karwar. For next five year envisaged investment for railways is rs. Major account head code actual receipts for the year 2014 last completed actual for 6 months. Union budget 201415 the budget was particularly positive for infrastructure, housing and agriculture. Get the latest news and views of the union budget 2014 15. The budget circular also contains the compendium of instructions issued from time to time by ministry of finance on various issues. The railway budget was presented every year, a few days before the union budget, till 2016. An overall improved business and economic environment. 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. Summary of revised budget estimate for the period 201415 form 1 c vide rule 27 north barrackpore municipality chairman sdnorth barrackpore municipality page no.
Full text railway budget 201415 speech of sadananda gowda download in pdf. While the fm touched upon the need for capital infusion in psu banks, the figure of rs,400 crore allocated this year was much lesser than rs15,800 crore the previous year. The budget responds to the challenges presented by the commonwealth governments policies to reduce spending. In this budget the modi govenrment mainly focused to keep up their election promises. Additionally, the increase in the exemption limit under personal income tax would help buffer disposable incomes. Indian railway budget speech 201617 these are challenging times, may be one of the toughest. Speech of the minister for railways 201516 in hindi speech of the minister for railways 201516 in english budget of the railway revenue and expenditure of the central government for 201516. We are faced with two headwinds, entirely beyond our control. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget. Rail budget 201617 non budget funding options investment projections till 201920 projected funding requirement shortterm and mediumterm market opportunities focus areas for future investment sector outlook 4. By 2019, all coaches of the indian railways will be fitted with bio. Pdf the article examines the provisions in the union government of budget for 201415 about the foreign trade promotion of india. Union budget 201415 prs legislative research july 15, 2014 3 budget estimates 201415 the government proposes to spend rs 17,94,892 crore in 201415, which is. It was finance minister arun jailtley, who presented the rail budget 2017.
Indian railways carry only 31 percent of the total freight in the country. The budget documents presented to parliament comprise, besides the finance ministers budget speech, of the following. Indian railway budget speech 201617 india infoline. The 201415 budget, which is included in this report, is for the year 1 july 2014 to 30. Feb 01, 2017 this is expected to open up new jobs for the youth 6.
Madam speaker, i rise to present before this august house the revised estimates for 2014 and the estimated receipts and expenditure for 201415. Shs 9,577 bn which is 69% of the total budget 70% 20% 10% budget 201415 june 2014 source of funds domestic revenue 12,229 bn domestic borrowing 1,437 bn project aid 2,664 bn budget support 69 bn. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. Appointed to the advisory panel during 201415 railway heritage trust officers and advisory panel 31st march 2015 railway heritage trust 2015 2 annual meeting of the advisory panel the annual meeting of the advisory panel took place on 15th october 2014, at 1 eversholt street. Railway ministry is likely to propose installation of xray systems along the tracks to detect faulty parts in trains in the railway budget among a series of steps to enhance safety measures for passe. Interim railway budget 201415 indian railway employee.
Below are the highlights of union budget for the financial year 201415 you can download the pdf version of union budget 201415 highlights from here. These results reflect the fourth full year of operations for directly operated. Grouped under starting states and home zones in brackets, destination states given in brackets after the train name. Railways budget 201415 budget estimates 201415 details. Jan 09, 2015 indian railways invite suggestions from the public for forthcoming railway budget railway ministry receives collective inputs on various railway subjects from online community the minister of railways shri suresh prabhakar prabhu has been emphasizing on the need to make indian railways citizen oriented, so that citizens can provide inputs on. State budget 201415 tate uet 1415 queensland treasury. His speech was marred by protests over the proposed division of a telangana state. Will the first budget of the modi governmnet live up to the expectations of the aamaadmi. Jul 10, 2014 what will railway minister dv sadananda gowdas first railway budget be like. Further combined discussion on the budget railways 2014 15 and demands for excess grants no.
Warehousing infrastructure rs 5000 crores the finance minister said that increasing warehousing capacity for increasing shelf life of. At the outset i would like to commence my speech remembering the ideal and just society as visualised by mahatma gandhi. Indian railways invite suggestions from the public for. Click here to download the complete set of the 201415 budget for offline reading. The board hereby resolves, in accordance with sections 100503o of the government code, to adopt the california health benefit exchange 201415 budget, as presented by staff and dated june 19, 2014, as follows. 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 budget 201415 sbicap securities limited 4 services tax is extended on sale of space or time for advertisements in broadcast media, extended to cover such sales on other segments like online and mobile advertising. Feb 26, 2015 internal resource generation also improved and accordingly the appropriation to drf has been scaled up to rs 7,975 crore in re from the be 2014 15 provision of rs 7,050 crore. During the development of each budget, service levels are discussed with council providing direction on the increase or amendment of council services. Estimates for 201415 151 159 medium range forecast 160 161 concluding remarks 162 168 this speech, together with the supplement and appendices relating to the 201415 budget, is available at. Railway budget to propose xray system to detect faults in. India interim railway budget 2014 15 was presented by the railway minister of india mallikarjun kharge in the lower house of the parliament on 12 february 2014. Railway minister sadanand gowda on tuesday presented the railway budget for fiscal 2014 15 in the lok sabha.
However, the good news is that the finance minister projects the economy to break free from the phase of sub5% growth rate in 201415. Moreover, from financial year 200910 onwards, the government of pakistan is following a system of output based. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Indian railway budget 201415, rail budget highlights, pdf. Railway budget 201415 sbicap securities limited financial snapshot government proposed highest ever plan outlay of rs 65,445 crore to the railways for the current fiscal, with a budgetary support of over rs 30,000 crore, which would include market. Railway budget 201011 highlights indian railway employee. Nlu3 will deliver a fully separated northern line offering between 33 and 36tph by april 2023.
Act budget 201415 on tuesday 2 june 2014, deputy chief minister and treasurer andrew barr mla delivered the 201415 act budget, his third budget as act treasurer. On the resources side, the budget proposes to finance the incremental spending in the current. Indian railway budget 2014 was presented in the parliament by railway minister pawan kumar bansal. It is my privilege as your city manager to present a budget inbrief of our recently adopted fiscal year 201415 budget. Indian railway budget 201516, rail budget highlights, pdf, india. Budget speech 201415 highlights english indian railways. After taking into account the above, excess of receipts over expenditure stands at rs 7,278 crore in re 2014 15 reflecting better financial management. It providessalient information on revenues and expenditures budgeted for financial year 201415alongwith budget estimates and revised estimates for the outgoing financial year 2014. Surveys for 19 new rail lines proposed in interim rail budget. It is presented every year by the minister of railways, representing the ministry of railways, in the parliament.
It was presented every year by the minister of railways, representing the ministry of railways, in the parliament. This is highly optimistic, given the deficit overshoot in the first two months of the current fiscal year, due to the carryover of previous year subsidy payments. Detailed information is available in the relevant budgetdocuments. New express trains announced in the railway budget 2014. Budget estimates 201415 details in appendix ii in 201415, the railways surplus is expected to decrease by 24% to rs 6,064 crore thereby increasing the operating ratio to 92. Budget 201415 government of kerala, india kerala gov.
The challenge going forward is to ensure that we sustain this inclusive growth trajectory towards true socioeconomic transformation. Surplus is expected to decrease by 24% to rs 6,064 crore after dividends. Indian railway budget 20152016 presented by suresh prabhu. Funds for railways will be raised from pension, institutional and multilateral agencies. The budget is the major annual planning effort because it funds the many excellent services that we provide. Gross traffic receipts are expected to increase to rs 1,60,165 by 14% over 201415 on account of the recent. Preface the budget in briefpresentsa summary of the federal budget 201415. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. The budgetary needs of our armed forces as per their needs have been duly provided in the budget. Budget estimates 201415 freight loading of 1101 mt, 51 mt more than 2014.