Railway minister pawan bansal is announcing the railway budget for 2014 in parliament today. Railway budget for the year 2014 will be presented in the parliament on 26th february. Here you experience a simple way to find out everything you need to know in one easy place. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. Railway hopes to end 2014 with a balance of rs 12,506. Latest railway budget 20 news and highlights at the times of india. Union railway minister pawan kumar bansal presented the union railway budget for 2014 in lok sabha on 26 february 20.
Given below is the list of new trains, service frequency increase and service extensions of existing trains, new lines, existing line doubling, gauge conversions, surveys and other projects announced for the indian railways in the budget for 2014. Appearance of company secretary before the sales tax. Railway minister mallikarjun kharge is unlikely to tinker with basic passenger fares but may announce some new trains and measures to improve services in the interim railway budget to be presented. Theres no better way to enjoy indias outback, cities, coastal towns and regional areas in comfort. Railway budget 2014 highlights business news business today. Karnataka budget 2014 highlights the limits prescribed by the central government.
Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. Rail minister, pawan kumar bansal presented his annual rail budget 2014 in the parliament on february 26, 20. Highlights of indian railway budget 2014 posted in finance articles, total reads. The railway line was the first new railway project in haryana in thirtythree years. Readdownload the entire speech for the 20 indian railway budget here pdf. Welcome to indian railway passenger reservation enquiry. Live coverage of indian rail budget 20 14 presented by railway minister pawan kumar bansal at. Here are the highlights of indian railway budget 2014.
Key highlights from indias railway and finance budget 2015. Passenger earnings scaled down keeping in view the persistent negative growth trend since 2014 both in the suburban and nonsuburban nonprs segment of travel. Budget estimates 2014 freight loading of 1047 mt, 40 mt more than 2012. Highlights railway minister pawan kumar bansals budget speech. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament. Publicprivatepartnership proposed for development and. Most of this capex will be dedicated to capacity creation.
Indian railway budget 201415, rail budget highlights, pdf. Union railway minister pawan kumar bansal presents his maiden rail budget. Except for the fact that it was after 17 long years that a congress minister got to present the railway budget, there was nothing. India has some of the most spectacular and unforgettable rail journeys in the world. Budget speech 201415 highlights english indian railways. Pawan kumar bansal introducing the railway budget, 2014 on 26th february 20 highlights of the railway budget 2014 t.
Aiming at 78 per cent gross domestic product gdp growth in 34 years. Highlights of the railway budget 201415 achievements initiatives major landmark achievement in national project of kashmir state of meghalaya and capital of. Highlights of the railway budget 201617 are given below. Ratio of interest payment to revenue receipts is maintained within 10% that is within the limit of 15% and ratio of public debt to the gsdp is within 25% limit as prescribed by the th finance commission. Interesting proposal to introduce railway development. The honorable minister has proposed that revision of one mvat returns instead of all the returns if any discrepancy is found at the time of audit by accountant or in business audit conducted by the dept. Proposed twotrack standard gauge railway line from mombasa to kisumu. Railway wise breakup of the detailed demands for grants for railways grant no. Here are the highlights of the rail budget 202014, as presented by pawan bansal. Enhanced reservation fee abolished the minister of railways shri pawan kumar bansal has announced to e. Railway budget 202014 highlights and list of new trains download current affairs march 20 question bank download highlights of indian union budget 2014 download.
Union budget 201415 india, indian union budget 201415. Indian railway budget 2014 was presented in the parliament by railway minister pawan kumar bansal. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Detailed information on expectations from different states of india. The railway budget was presented every year, a few days before the union budget, till 2016. India budget 202014 highlights key features of budget 202014. Highlights of budget 2014 analysis institute of economic affairs. Madam speaker, i rise to present before this august house the revised estimates for 2012 and a statement of estimated receipts and expenditure for 2014. Union railways minister pawan kumar bansal will present his maiden rail budget on tuesday. Railway budget 20, expectations from railway budget 2014.
India new budget 2014 date, highlights and expectations. Pawan kumar bansal introducing the railway budget, 2014 on 26th february 20 highlights of. Introduction budget 2014 will play a big role in laying a firm foundation for ushering in devolved system of government. Railway budget 20 key highlights and proposals surplus expected to increase with operating ratio projected to fall to 88. But we could anyway predict these reactions much before the rail budget was presented. Losses on passenger operations increased from rs 4,955 crore in 200102 to rs 2,500 crore in 201112 and is estimated to be rs 24,600 crore in 2012. The project was sanctioned in 20042005 with an estimated cost of. The opposition slammed it as populist and political budget while the ruling party termed it as the best rail budget. Railway budget 20 india budget news and highlights. Railway minister pawan kumar bansal has announced the union railway budget for 2014 in parliament. At the start of his speech, bansal said, i pay homage to rajiv gandhi who introduced me to the portals of democracy.
While i have a feeling of a colossus today, it is only ephemeral and is. Highlights of the railway budget 201617 pdf version. Railway minister pawan kumar bansal presented the railway budget 2014 in the lok sabha on tuesday. State of play requisite legislations to govern budget formulation and prudent management of public finance. Gross traffic receipts of indian railways estimate passenger receipts from upper class rs. Railway minister concludes his budget speech 67 new express trains to be introduced. A new fiscal consolidation path with fiscal deficit at. Statement of railway receipts and expenditure budget 202021. Ramesh, jgsirtsa the number of passenger trains has increased from 8897 in 200102 to 12335 in 201112.
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