Table of Contents
Who presented the rail budget for 2012-13?
Railway Minister Dinesh Trivedi
Railway Minister Dinesh Trivedi, who presented the Railway Budget 2012-13 in Parliament today, has projected freight earnings at Rs 89,339 crore, a growth of 30.2 per cent over the current year revised target.
How much is railway allocated budget?
Finance Minister Nirmala Sitharaman has allocated Rs 1,40,367.13 crore to the Ministry of Railways in this fiscal’s Union Budget for the upgradation of the Indian Railways network.
What is the budget of railway 2021?
Expenditure: The total revenue expenditure by Railways for 2021-22 is projected to be Rs 2,10,899 crore, an annual increase of 10% over 2019-20.
What is the total budget of railways in this budget year?
The Railway Ministry has been allocated Rs 140367.13 crore in the Union Budget on Tuesday – Rs 20,311 crore more than the revised figures of the previous fiscal.
What are the four priorities of Budget 2022-23?
The Union Budget for FY 2022-23 this year aims to strengthen the infrastructure with its focus on four priorities of:
- PM GatiShakti.
- Inclusive Development.
- Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition, and Climate Action.
- Financing of investments.
What is the general budget?
General budget General budget is the core document of public finances to a study in the countries of the world, being included in the sides of state spending and revenues that appear through which planned objectives, and indicate the budget numbers to the evolution of the growing importance of the budget, following the …
What is the budget allocation for Indian railway in 2021 2022?
With the government giving an extra thrust on PM GatiShakti, the Indian Railways is set to see its highest-ever capital expenditure (capex) of Rs 2.45 trillion for 2022-23, up 14 per cent from the Revised Estimate (RE) of Rs 2.15 trillion for the current financial year in the Union Budget for 2022-23 presented by Union …
Who presented Railway Budget?
Arun Jaitley
Subsequently, in the next year, Arun Jaitley became the first Finance Minister to present a combined railway and union budget on February 1, 2017. With this, the 92-year-old long history of the separate railway and union budgets – a practice that began in 1924 under the British rule, came to an end.
What is the theme of budget 2021?
The budget proposals are on six pillars: Inclusive development for Aspirational India. Reinvigorating Human Capital. Innovation and R&D. Minimum Government and Maximum Governance.
What is master budget?
A master budget is a financial document that includes how much an organization plans to make and how much they plan to spend over a fiscal year, usually broken down into quarters or months. It may also include text explanations of how the budget can help the company reach its strategic goals.
Why is Indian railway in loss?
Indian Railways had to face a huge loss due to the Covid-19 pandemic. In a written reply in Lok Sabha Minister of Railways, Communications and Electronics and Information Technology, Ashwini Vaishnaw informed that Indian Railways’ total traffic revenue decreased by ₹34,145 crore compared to the previous year 2019-20.
Who presented first Indian Railway Budget?
John Matthai
John Matthai presented the first Railway Budget for independent India on 20th November 1947 which was interim Railway Budget and only after 3 months he presented his second Railway Budget on 24th February 1948 where revised estimates showed a fall in earnings of about 8 crores rupees as compared with the budget …