The stated focus on fiscal consolidation, absence of populist measures, focus on growth and other measures to revive investor confidence, would support the improved sentiments. Following are the highlights of the interim railway budget 201415 presented in the lok sabha by railway minister mallikarjun kharge. Gross tax revenue projection was cut by rs15,000 crore compared to interim budget numbers. Suresh prabhu, presented the railways budget 201516 to parliament on february 26, 2015. Highlights of budget 201415 budget highlights budget. What will railway minister dv sadananda gowdas first railway budget be like. The world economy has been witnessing a sliding trend in growth, from 3. The interim budget 201415 laid emphasis on fiscal consolidation and the need for india to focus on manufacturing to steer the economys growth. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty. Chidambaram presented the interim budget for 201415 in the lok.
Interim railway budget 201415 indian railway employee. Presenting the interim budget 201415 here in parliament today, he said that keeping with the conventions, he does not propose to make any announcements regarding changes to the tax laws. India interim railway budget 201415 was presented by the railway minister of india mallikarjun kharge in the lower house of the parliament on 12 february 2014. Interim means in the mid or before the actual date when the budget is supposed to be made. The project studies to immunize signalling of mainline railway in aarhus h is. His budget speech largely recapitulated various achievements and incentives extended by the united progressive alliance government, before he proceeded to present the interim budget. Presenting the budget in parliament on wednesday, minister of railways mallikarjun kharge announced 72 new trains, extension of three trains and increase in frequency of three trains.
He also proposed 19 surveys to be taken up in 201415 for new lines. The growth in total receipts at 14% is in line with a % decadal average. Bullet trains, modernisation of railways, better facilities for passengers, fdi. Madam speaker, the name of indian railways evokes fond childhood memories. The receipts in re 2014 include waiver of loans to state governments which are matched by. Union budget for the financial year 201920, presented by the finance minister smt nirmala sitharaman in the parliament 05 july 2019, envisaged a total outlay of rs27,86,349 crore. I rise to present before this august house the statement of estimated receipts and expenditure for 201415 for railways. Key railway projects in pipeline introduction total project pipeline pipeline by project stage key issues and challenges project outlook 5. An interim budget is a complete set of accounts, including both expenditure and. Railway minister mallikarjun kharge presented his interim railway budget for the financial year 201415. The railway budget was presented every year, a few days before the union budget, till 2016. In what was his personal first and the last such exercise in the 15th lok sabha for.
Key highlights of the interim union budget 201415 union finance minister p chidambaram has presented the interim budget for fiscal year 201415. This post is about the interim rail budget presented by shri mallikarjun kharge of the upa 2 govt. Freight loading by the railways at 1,008 million tonnes surpassed the revised target of 1,007 million tonnes. Highlights of interim railway budget 2014 15 achievements initiatives major landmark achievement in national project of kashmir state of meghalaya and capital of arunachal pradesh to be on railway map by this fiscal. Key features of budget 20142015 the current economic situation and the challengesthe state of world economy has been the most decisive factor affecting the fortunes of every developing country. New trains announced in the interim rail budget 201415 statewise. Salient features of interim union budget of india for 201415.
In his address, he assessed the performance of railways in 201415 and laid out his budget proposals for 201516. The union budget 20142015 aims to cater all groups of the society with a motto. Elena2011031 aarhus lrt project interim report and third biannual progress report letbanen. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Dk rules, immunization of existing railway equipment and infrastructure management contracts have to be completed. Highlights of interim rail budget 201415 railway services to expand to hinterland and frontiers of india. In the 201415 fiscal the amount of railway revenue that could be used for purposes of investments was 8. Railway udget analysis of railway udget 201415, economic research department july 2014 increased passenger amenities, more safety measures, timely completion of projects and increased financial discipline are the primary highlights of the railway udget 201415. Complete 201415 interim railway budget speech in english in hindi pdf. This presentation will provide an overview of interim rail budget put for. The budget was presented in the india parliament by railway minister d. Highlights of interim railway budget employment news. Railway minister mallikarjun kharge presented the interim rail budget for the next fiscal wednesday with no hike in fares or freight, introducing 72 new trains and connectivity to two more northeastern states.
Highlights of railway interim budget 201415 current. Business today latest news interim rail budget 2014. He said, this years budget will consolidate these gains and. In this years union budget, the total borrowing for capital expenditure is likely to be pegged at around rs 26,000 crore. Railway budget 201415 sbicap securities limited financial snapshot government proposed highest ever plan outlay of rs 65,445 crore to the railways for the current fiscal, with a budgetary support of over rs 30,000 crore, which would include market. Union budget 201415 india, indian union budget 201415. Highlights of interim railway budget 201415 free download as word doc. The government has made an alltime high allocation to rail and road sectors. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. Focus on important points of interim rail budget for 201415. Note click here for the latest railway budget presented by rm sri. Railways minister mallikarjun kharge presented the budget on wednesday for the first four months of the 201415 fiscal. The budget did not announce any major new expenditure for the coming fiscal and sought to continue with the expenditure levels of the previous fiscal. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament.
Chidambaram minister of finance february 17, 2014 madam speaker, introduction i rise to present the interim budget for 201415. Find detailed highlights of key features, passengerfriendly measures and reactions to the interim budget 2014. Nav arjan new revenue, nav manak new norms, nav sanrachna new structures were the three focus areas of railway budget. In the interim budget 201415, my predecessor had set revenue collection targets for direct taxes as well as indirect taxes, which appear to be ambitious. Additionally rail budget, presented separately for 92 years, merged with. Presenting the budget in parliament today, the minister of railways shri mallikarjun kharge announced 72 new trains, extension of three trains and increase in frequency of three trains. The union budget of india, also referred to as the annual financial statement in the article 112. Roads and national highways infrastructure, railways network expansion. Rewarirohtak daily extension of trains in interim railway budget 2014 02 1. With these words, madam, i commend the interim railway budget for. Interim budget 201415 changes in excise duty related. The plan outlay for 201415 is rs 65,445 crore which is a 3% increase from 2014. 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, budget highlights of union budget 20162017 at economic times.
The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. Indian railway, asias second largest rail network, puts forward its budget annually. Sadananda gowda minister of railways on july 8, 2014. Budgetary support to railways at rs 29,000 crore in 201415. As i prepared to write this speech, i found that whether it is a regular budget for the full year or an interim budget, some things remain the same. Akin to the railway budget, the details were missed although the broad picture was conveyed reasonably well. Indian railway budget 201415, rail budget highlights, pdf. Railways in 201415 and laid out his budget proposals for 201516. Interim railway budget 201415 contains revised estimates for 2014 and the estimated receipts and expenditure for 201415, sufficient to cover the estimated expenditure for the first four months of the fiscal in view of the ensuing general election. Snapshot of interim railway budget 201415 24 coaches. Key highlights from p chidambarams speech amid constant interruptions by some members, finance minister p.
Business today brings to you the latest news from the interim railway budget 2014. Prepoll lacklustre budget the interim rail budget remained devoid of any major announcements with the rail minister presenting the accounts for the first four months of fy15 and reiterating the achievements of the ministry during fy14. Total revenue is expected to increase by 14% to rs. The main objective of writing this paper is to analysis the impact of interim budget 201920 on indian stock market and to analysis the interim budget 201920 with an economic perspective. A number of crucial sectors such as health, public works, railways, sanitation, urban. Chidambaram has announced some changes in indirect tax rates. Financing introduction funding sources financial performance of ir railway budget 2014 interim railway budget 201415 investment requirements and opportunities emerging revenue models. No increase in rail fare and freight has been proposed in the interim rail budget for 201415. Finance minister p chidambaram to present interim budget in.
553 1112 1136 574 288 812 921 1089 1030 136 1268 1010 217 1554 1291 121 1245 820 747 1285 756 1316 1496 670 1580 1133 55 1366 785 530 624 1111 695 1337 111 400 548 510 1324 855 795