INN NEWS is the News Blog that will give you latest news from the world.

Top NEWS of Today

  |  BANDRA - GORAKHPUR :: DIWALI SPECIAL TRAINS 2014   |  TICKET FARE REVISED :: ANDHRA PRADESH   |   STEPS TO USE TRAIN TIME TABLE BOOKLET 2013 - 14   |   TRAIN TIME TABLE 2013 :: JAIPUR   |   CHENNAI :: TRAIN TIME TABLE 2013   |   SUBURBAN TRAIN TIME TABLE :: MUMBAI DIVISION   |   RAILWAY PUBLISHED SAFETY MAGAZINE :: JAGRUTHI   |   MEERUT CITY TRAIN EXTENDED   |   NEW NAME FOR RAILWAY STATION :: SECUNDERABAD   |  SPECIAL TRAINS 2013 :: LTT - ALLAHABAD   |  NEW TRAINS 2013 :: KOLKATA   |  IRCTC :: PRS ENQUIRY BLOCK on 14th/15th APRIL, 2013   |  ECONOMIC FOOD IN TRAINS :: ONLY Rs.15/-   |  NEW DEMU SERVICE FROM 8th APRIL,2013   |  SUPER FAST TRAIN FEE REVISED :: 2013   |  SPECIAL TRAINS LIST 2013   |  HOLI/SUMMER RUSH :: SPECIAL ARRANGEMENTS   |  NO ITEM SONGS IN TV   |  ALLAHABAD TRAIN INCIDENT :: LIST OF INJURED PASSENGERS BY NCR   |  CHICKEN STRIKE IN KERALA   |   E-CIGARETTES AND AFTER EFFECTS   |   MAHAKUMBH MELA 2013   |   POWER HOLIDAY IN KERALA   |   CASH DEPOSITING ATM IN KERALA   |   MAMTA MOHANDAS DECIDED TO DIVORCE   |   KOCHI METRO PROJECT BY DMRC   |   METRO RAIL FOR 4 MORE STATES IN KERALA   |   AIR INDIA PILOTS GOING FOR HUNGER STRIKE   |   KRRISH 3, NOT KRRISH 2   |  ASH'S BABY NICKNAME   |  FIRE ACCIDENT IN DELHI   |  MISS ASIA PACIFIC 2012 WON BY AN INDORE GIRL   |  PRESIDENTIAL NOMINEE BY BJP   |  KANNUR INTERNATIONAL AIRPORT GOT GREEN SIGNAL   |  INTEL ::VIRTUAL TV   |  TRANSPLANTATION OF HUMAN ORGANS BILL IMPLEMENTATION   |  MARUTI SUZUKI NEW PLANT   |  HAJJ:: KERALA RECEIVED 1031 SEATS MORE   |  AIR INDIA GOT 1200 CORE   |  DHONI WANTS TO SERVE INDIAN ARMY   |  BUS ACCIDENT IN PAKISTAN   |  US DRONE ATTACK IN PAKISTAN   |  SACHIN TENDULKAR AS RS MEMBER   |  YAMAHA BIKE FOR 500 DOLLARS   |  RAJYA SABHA ELECTION FROM KERALA   |  DEEPIKA PADUKONE AMBASSADOR OF LUXOR   |  NEW TELECOM POLICY 2012   |  JACKSON MIDDLE NAME REVEALED   |  NEW CHAIRMAN FOR MAHINDRA   |  KAREENA SAIF SHADDI   |   FACEBOOK AND SMARTPHONES   |   ACTRESS KALPANA DIVORCED   |   "DO- NOT- TRACK" OPTION IN TWITTER   |   US AMBASSADOR TO MYANMAR (BURMA) AFTER 22 YEARS   |   VIETNAM BUS ACCIDENT 36 DIED   |   MERCEDES BENZ M CLASS SUV LAUNCHED   |   PETROL AND DIESEL PRICE INCREASE CHANCE   |   DUBAI NIGHT CLUB ARREST REPORTED   |   KERALA PLUS TWO (+2) AND VHS RESULT ANNOUNCED   |   AIR INDIA FLIGHTS CANCELLED   |   FACEBOOK CHARGES FOR POPULAR POSTS   |   PLANE CRASH 15 DEAD

Search On INN News

BUDGET ESTIMATES and PLAN OUTLAY :: Railway Budget 2015 - 16

Union Railway Minster Mr. Suresh Prabhu presented the Railway Budget 2015 -2016 today. Following are the details of Budget Estimates and Plan Outlay. 
Railway Budget 15-16

Budget Estimates for 2015 - 16
  • The intention is to capture increased revenues and ensure appropriate investments so as to de - congest the system and enhance Line-Capacity.
  • Passenger earnings growth pegged at 16.7% and target budgeted at Rs. 50,175 crore.
  • Freight traffic is pegged at an all time high incremental traffic of 85 million tonnes, anticipating a healthier growth in the core sector of economy; Goods earnings proposed at Rs. 1,21,423 crore which includes rationalization of rates, commodity classification and distance slabs.
  • Other coaching and sundries are projected at Rs. 4,612 crore and Rs. 7,318 crore. Gross Traffic Receipts estimated at Rs 1,83,578 crore , a growth of 15.3%.
  • Ordinary Working Expenses proposed to grow at 9.6% over RE 2014-15. Traction fuel bill anticipated to shrink further.
  • Higher provisions made for safety maintenance and cleanliness. Lease charges, interest component of the current and previous market borrowings, at a growth of 21%.
  • Appropriation to Pension Fund proposed at Rs 35,260 crore and appropriation to DRF at Rs 8,100 crore. Appropriation of Rs 7,616 crore proposed to be made to Capital Fund for payment of principal component of lease charges to IRFC.

Plan Outlay 2015 - 16
  • Gross Budgetary Support of Rs 40,000 crore for the Railway’s Annual Plan
  • Rs 1,645.60 crore has also been provided as Railway’s share of diesel cess from the Central Road Fund. 
  • Market borrowing under EBR projected at Rs 17,655 crore, an increase of about 46.5%. Balance Plan outlay includes Rs 17,793 crore from Internal Resources and Rs. 5781 crore from PPP. Significantly, we are allocating large amounts towards Doubling, Traffic Facilities, Electrification and Passenger Amenities.
  • Given the huge shelf of project and ensuring proper funds flow for the same with a view to completing them on target, a new financing approach to expand EBR has been projected. This EBR, presently named EBR (Institutional Finance) would be based on institutional investments in railway projects through Railway/ PSUs. This element is projected at Rs 17,136 crore and is aimed at accelerating completion of capacity augmentation projects. Works proposed to be financed through this mode are listed in the Budget documents.
  • Plan Outlay is Rs 1,00,011 crore, an increase of 52% over RE 2014-15. It is anticipated that the Plan size will get higher once resources from institutional bodies are formalized during the course of the ensuing financial year.
Related Topics::


LOKMANYA TILAK TERMINUS - AZAMGARH WEEKLY EXPRESS ANNOUNCED

Central railways announced new Weekly Express train between Mumbai and Azamgrah. Following are the details
  • Train No. 11053 / 11054 Lokmanya Tilak Terminus - Azamgarh Express:- Train No. 11053 Express will leave Lokmanya Tilak Terminus on every Wed from 17.12.2014 at 16.40 hrs and arrive Azamgarh at 02.15 hrs on third day. Train No. 11054 Express will leave Azamgarh on every Fri from 19.12.2014 at 05.20 hrs and arrive Lokmanya Tilak Terminus at 12.15 hrs next day. Stoppages: Thane, Kalyan, Nasik Road, Bhusaval, Harda, Itarsi, Jabalpur, Satna, Allahabad, Janghai, Mariahu, Jaunpur, Shahganj, Khorasan Road and Saraimir. Composition: one AC-2 Tier, Two AC-3 Tier, 8 Sleeper Class, 6 General Second Class, 2 General Second Class cum Guard’s brake vans.
Related Posts Plugin for WordPress, Blogger...

Popular Posts