However, contrary to public expectations, he has not started any new train as well. Here is the full railway budget 2015 pdf which is very important for ibps po, clerical, rrb, sbi exams, insurance exams in 2015. 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 and announcing some relief to common man. The rail budget for 201516 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. Indian railway budget 201516, rail budget highlights, pdf. Madam speaker, this railway budget is part of a trilogy of documents that chart out our vision for the future.
It was the final railway budget of india as after this budget, the railway budget got merged with the union budget of india. Users can find all relevant documents related to the indian rail budget 201516. Amrut mahotsav the year 2022, 75th year of independence vision for team india led by pm. Indian railway budget 201516, rail budget highlights, pdf, india. In 2002, mamata banerjee became the first woman minister of railways to present the rail budget. This document has been updated with details of the announcements and other key features of the rail budget. Action initiated on 9 budget announcements of 201516. Estimated receipts and expenditure for 201516 for indian. The summary budget contains a narrative description of phoenix programs and services planned for the upcoming fiscal year. The budget was presented by the railway minister suresh prabhu in. Railway budget highlights 201516 bjp modi governments goals for railway budget. Major features in a nutshell the railways minister has not increased the passenger fares. This railway budget 2015 pdf is having all the necessary points for bank, ssc, insurance examinations in 2015. Ir to become prime mover of economy once again 2 resource mobilization for higher investments 3.
Most of this capex will be dedicated to capacity creation. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget. 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. Chalo, milkar kuch naya karen three pillars of the strategy i. The second part is todays budget for the year 201516. F inance minister arun jaitley today 28th february 2015 presented the union budget for the year 201516 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Chapter 10, laws of 2015 partial veto 64th legislature 2015 1st special session transportation budget effective date. The first in the series is the white paper that has been placed today for the information of the house. Users can access details related to railway budget, budget speech, budget highlights, budget statement, outcome budget, budget order, etc. Title the presentation is an exemplary outcome of the research conducted by the group over the enterprise application aspects covered in the indian railway budget 201516 presented by railway minister mr. Budget proposals to mark beginning of a five year action plan to transform the railways. Medium term fiscal policy cum fiscal policy strategy statement. Union budget 201516 india, indian union budget 201516. Union budget 201516 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015.
There was no separate rail budget this time as it was merged with the general budget under the governments agenda for reforms. Reminiscent of the previous budget, the emphasis was on transforming. The first phase of the highspeed rail project began in the central valley in 2012 on a segment known as the initial construction segment ics. I rise to present before this august house the statement of.
Railway budget 2018 live rail budget 201819 highlights. On irctc, no service charge when booking rail tickets. Passed by the house may 27, 2015 yeas 74 nays 20 frank chopp speaker of the house of representatives passed by the. Union railway minister of modi government presented their railway budget today. Also included is a narrative description of all revenue sources and a description of legal constraints and financial policies. Union minister of railways suresh prabhu presented the railway budget 201516 on 26 february 2015, which was the first full railway budget of the bjp modi government. Indian railway budget speech 201516 speech of shri suresh. Modi calls prabhus rail budget watershed moment railways to raise rs 17,655 cr in. Being termed as make or break, this is arun jaitley and the nda governments first fullyear budget.
In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Expansion of rail capacity is one of the highlights of the 201515 railway budget, presented in parliament today by. Click here for full text of indian railway budget speech 201516 highlights of railway budget 201516. Infrastructure statement 201516 i about this budget paper purpose and scope budget paper no. We plan to introduce 24hour weekend services on certain parts of the london overground from 2017 and on the dlr from 2021. Prabhu assured that there has been no increase in passenger fares in railways. These gaps ultimately increase the cost of doing business. Here are some of the highlights of the rail budget 2015. The highlights of the railway budget 201516, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the. Rising costs from health care reform, wildires, and the spending imposed by the prison receiver means that despite the stronger revenues the budget remains precariously balanced after paying for existing obligations. Union railway budget suresh prabhu on thursday presented the rail budget for fiscal year 201516.
Ir to become prime mover of economy once again 2 resource mobilization for higher. 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. Full text of indian railway budget speech 201516 the. The hsra estimates completing construction of the ics in 2018.
Taxfree bonds for projects in rail road and irrigation 3. Highlights of the railway budget 201617 theme of the budget overcoming challenges reorganize, restructure rejuvenate indian railways. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Decongestion of heavy haul routes and speeding up of trains. Chapter 10, laws of 2015 64th legislature transportation. Railway budget of india railway budget highlights 2016. Live budget news et brings you 360 degree coverage of the budget 201617.
Union budget 201516 gives a boost to major initiatives of government. Highlights of union budget 2015 internet desk february 28, 2015 12. The budget was presented by the railway minister suresh prabhu in the parliament on 25 february 2016. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Hockey mp treasurer of the commonwealth of australia introduction madam speaker, i move that the bill for the 2015 budget now be read a second time. Highlights of the railway budget 201617 theme of the. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Pfm act 2015, i have the honourto present the budget for the financial year 201516, in exercise of the power delegated to me by. Rdso to develop a suitable device with reliable power supply system. She is also the only woman to present the railway budget for two different central governments the national democratic alliance and the united progressive alliance. The budget looked somewhat peoplefriendly as there was no hike in the passenger fare and freight rates despite the fact that the department has been facing a revenue crisis. The highlights of the railway budget 201516, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the following link. Highlights of the railway budget 201516 the hindu centre.