From introduction of new trains to increased wifi connectivity and inhouse entertainment, a look at what stood out in the rail budget so far. All you need to know even as the stage is set for the last fullfledged budget of the modi government, the people have their hopes. Report 37 of 2016 railways finances, union government cag. Yes, the budget 201617 focusses on consolidation of the vision set out in the budget 201516. 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. What will be the impact of the budget 201819 on the different infrastructure projects in railways in india. From 1 april 1950, a separate railway budget is being presented to the. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. With budget 2016, the government seeks to restore the confidence that has. However, the 92year tradition was scrapped by the then finance minister arun jaitley in 2016.
It outlined the namo administrations vision for modernization of the indian. Mcqs based on railway budget 2016 2017 day today gk. Users can access details related to railway budget, budget speech, budget highlights, budget statement, outcome budget, budget order, etc. Get latest union rail budget news and headlines on union railway budget 20162017. As majority of the focus continues on the common man, providing amenities and enriching quality of. Salient features of the railway budget for the year of 2015 16 is presented in a nutshell. Setting up railway planning and investment organisation. This was the the second railway budget for suresh prabhu and third rail budget of the prime minister narendra modiled nda government. Highlights of the railway budget 201617 theme of the. It attempts to make railway the preferred mode of transportation.
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. The central government budget for fy 201617 targets a further reduction in the. Nav arjan new revenues, nav manak new norms, nav sanrachna new structures. Indian rail budget 2017 18 analysis and highlights pdf. Railway budget of india was the annual financial statement of the stateowned indian. 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 pdf version. Rail budget highlights 201516 in english indian railway. Finance audit on railways finances in indian railways union cag.
The dividend withholding tax will be increased from 15 per cent to 20 per cent. Highlights of railway budget 201617 in questions and. Live budget news et brings you 360 degree coverage of the budget 2016 17. As the railway budget 2016 was presented by the railway minister suresh prabhu, we take a look at the history of indian railways from steam to modernday trains today, we talk about bullet. Madam speaker, the railway map of india is a network of veins that pump lifegiving. A publicprivate partnership model was developed for railway stations so as to. Get latest union rail budget news and headlines on union railway budget 2016 2017. Chalo, milkar kuch naya karen three pillars of the strategy i. Full text indian railway budget speech 201617 blog. Suresh prabhu has once again delivered a great railway budget.
All the numbers you need to know from suresh prabhus rail budget 2016. The 2016 budget has been prepared in a very tough economic environment. Highlights of the railway budget 2016 17 pdf version bankexamstoday. Union budget 201819 live updates highlights pdf download. Live budget news et brings you 360 degree coverage of the budget 201617. Budget, they will have a fiscal stimulus effect of boosting gdp for. The railway portion of budget basically attempts to take care of underinvestment syndrome which has historically affected growth of railway sector in the country. In his rail budget speech, the union minister suresh prabhu himself had said that investment of inr 1 in railways translates into the income of inr 5 in the gdp. Union finance minister arun jaitley announced the following highlights in the rail budget. On its way toward 360 transformation rail budget 2016 17 continued to cover every aspect of the railway ecosystem. As the railway minister of india, i visit a continued. 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 budget, union budget 2016 17, railway budget 2016, economic survey 2016.
Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. If you like this, then please share it with your friends. Union railway minister suresh prabhu on 25 february 2016 presented the railway budget 201617 in the parliament. The railway budget of 2016, presented by rail minister suresh prabhu on 25 february 2016, was a signature nda budget. With the central theme of sabka saath, sabka vikaas, everyones. Railway budget 2018 live rail budget 201819 highlights.
Indian railway budget 2016 exclusive coverage at times of india. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. Modi government on 21 september 2016 approved merger of the rail and general budgets from. Economic times takes you through what all can be expected from the railway budget 2016 2017. Railway budget is notable both for the absence of bigticket schemes and for its quiet emphasis on process changes that hold the promise of. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament. Indian railway budget speech 201516 speech of shri suresh. Road, railway infrastructure likely to get boost in union budget 2019. Economic times takes you through what all can be expected from the railway budget 20162017. Indian railway budget 2016 exclusive coverage at economic times.
The union budget comprises the revenue budget and the capital budget, but now railway budget is also presented along with. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Let me begin with a couple of personal experiences. Madam speaker, i rise to present before this august house the statement of estimated receipts and expenditure for 201617 for indian railways. Railway minister suresh prabhu presented his second railway budget in the lok sabha in new delhi on february 25, 2016. Union budget 201516 speech by finance minister shri arun jaitley duration.
Live rail budget updates, latest rail budget news and headlines on railway budget 20162017. It was the final railway budget of india as after this budget, the railway budget got merged with the union budget of india. Odisha is celebrating the biggest largesse from the railway budget 201617, while tamil nadu has. Page 1 of 8 highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. Before 2016, the union budget and railway budget were presented separately in india. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Taking into account railway property development projects, the urban. The budget for the fiscal year 201516 has become the proverbial talk of the town. Business standard offers exclusive live coverage on indian railway budget 2017. 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. Check out the latest updates by clicking the below links and update yourself.
To reorganise, restructure and rejuvenate indian railways. Budget proposals to mark beginning of a five year action plan to transform the railways. Indian railways will play its part in this historic mission. Indian railway budget 201516, rail budget highlights, pdf, india. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Explanatory memorandum on the railway budget for 201516.
Page 1 of 8 highlights of the railway budget 2016 17 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. The budget proposes a new top personal income tax bracket of 45 per cent for taxable incomes above r1. Notei figures shown in bracket indicate total committed expenditure in crore of rupees. Railway minister suresh prabhu said best efforts were being made to fulfil peoples aspiration in the nda governments first fullfledged rail budget. Get latest budget news, budget highlights, arun jaitleys budget speech, headlines on railway and union budget 2016 2017, budget impact, exclusive coverage of budget 2016 news, india union budget 2016 2017, budget. Union finance minister arun jaitley continues with the status quo on income tax slab in the union budget 2016. Railway budget 2017 indian railway budget 20172018 news. The union railway budget for 201516 was presented by mr suresh prabhu, union minister for railways, government of india, on february 26. Budget documents and reports, coupled with recent increase in the tariff of petrol and other petroleum products ahead of the budget, have multiplied the suspicions of all and sundry that the upcoming budget will not be poorfriendly nor will it benefit the salaried class. India union budget 201718 news, highlights and live updates union budget 2017 at indiatv.
The railway budget was presented every year, a few days before the union budget, till 2016. Railway budget 2017 highlights, union budget 2017, railway. Amidst much expectation and scrutiny, railway minister, suresh prabhu, presented his railway budget for the year 20162017. Presenting the railway budget 201516 in parliament today shri prabhu said, a centrally managed railway display network is expected to be introduced in over 2,000 stations over the next two years which will aid in providing information on train arrivaldeparture, reservations, general and emergency messages and also any other information of.
Budget 2016 highlights on income tax rates, slabs, changes. Supporting a robust credit union system across canada. There is likely to be a push for infrastructurespending, including on roads and railways to drive the growth which had slowed to a fiveyear low of 5. Highlights of the railway budget 2016 17 are given below. Indian railways has played a great in the integration as well as the economic development of the country. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Union railway budget 20152016 live from parliament duration. Some of the ideas were reflected in the budget proposal presented by the railway minister shri.
1480 722 576 1135 130 589 308 457 1291 435 488 241 310 381 1094 1433 805 1510 1308 1481 147 548 944 941 818 3 1123 597 473 1416 459 840 1530 5 1045 222 348 664 1016 573 550 40 732 1072 1 593 344 705 236