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.
Who presented the last railway budget in 2016?
Railway Minister Suresh Prabhu
The 2016 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2016–17. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament on 25 February 2016.
Who presented Railway Budget in 2000?
In the year 1999, Mamata Banerjee (later Chief Minister of West Bengal) became the first female Railway Minister. In 2000, she became the first female to present the Railway budget and is the only woman to do so for two different governing coalitions (NDA and UPA). In 2014 budget, Railway Minister D. V.
Who introduced first budget?
* INDIA’S FIRST BUDGET: The Budget was first introduced in India on April 7, 1860 when Scottish economist and politician James Wilson from East India Company presented it to the British Crown. Independent India’s first budget was presented on November 26, 1947 by the then Finance Minister R K Shanmukham Chetty.
Who presented India’s first budget?
RK Shanmukham Chetty
The country’s first Union Budget was presented on November 26, 1947, three months after India broke itself out of the British empire’s shackles. It was presented by the then finance minister, RK Shanmukham Chetty. NDTV quotes his first words, “I rise to present the first Budget of a free and independent India.
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.
How much is railway allocated budget?
The budgetary allocation to Indian Railways for 2022-23 stood at ₹140,367.13 crore, which is 27.5% higher than the budgetary allocation of ₹110,054.64 crore in 2021-22 or 16.9% more than the revised estimate of ₹120,056.12 crore.
Who introduced first rail 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 …
How much railway spend on salary?
Staff wages and pension together comprise two-thirds of the Railways’ expenditure. For 2020-21, the expenditure on staff is estimated at Rs 92,993 crore, which is 7% higher than the revised estimates of 2019-20.
Is Indian Railways making profit?
The loss of Rs 34,618.19 crore in passenger operations was left uncovered in 2019-20.” Capital expenditure of railways increased by 11% even as revenue expenditure decreased by 7.3% during 2019-20, while expenditure increased from Rs 3,20,110.17 crore in 2018-19 to Rs 3,21,169.55 crore in 2019-20.
What is pink book in railway?
The pink book in Railways consists of the various programs or projects that are undertaken or yet to be undertaken. It consist of detailed information of all the different zones of the Indian Railways.
What is the revenue of Indian Government?
The total actual revenue of the government of India in 2019-20 was Rs 17.52 lakh crore. In 2021-22, the receipts (other than borrowings) were expected to be Rs 19,76,424 crore, which is 23% higher than the revised estimates of 2020-21.
Who presented last Railway Budget?
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.
Is Indian railway in profit or loss?
Indian Railways’ losses narrowed down to Rs 38 cr last fiscal from Rs 2,059 cr in FY 19-20.
What is the total cost of Indian Railways?
The total expenditure of Indian Railways at the end of the fiscal year 2022 was around two trillion Indian rupees. This was estimated to increase to over 2.3 trillion rupees in the following year. The system is operated by the Ministry of Railways and is the fourth largest railway network across the globe.