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Railway budget of India was the Annual Financial Statement for Indian Railways administered by the Railway Board, which handles rail transport in India. It was presented every year by the Minister of Railways , representing the Ministry of Railways , in the Parliament .
The first railway budget was presented in 1924. [6] Since then, Railway budget was presented as a standalone budget every year before the union budget till 2016. [20] The last Railway Budget was presented on 25 February 2016 and on 21 September 2016, Government of India approved merger of the rail and general budgets from 2017. [21]
Setu Bharatam programme aims to make all National Highways free of railway level crossings by 2019. This is being done to prevent the frequent accidents and loss of lives at level crossings. 208 Railway Over Bridges (ROB)/Railway Under Bridges (RUB) will be built at the level crossings at a cost of ₹ 20,800 crore as part of the programme.
Mission Raftaar was announced in the Railway Budget of 2016-17 with the target of increasing the average speed of freight and superfast mail/express trains. The railway is focusing on the New Delhi-Mumbai and New Delhi-Howrah routes as part of the Golden Quadrilateral.
Organizational structure, further, varies as per the working at Railway board, Zonal level and divisional level. At zonal railway, PFA (Principal Financial Advisor) is the highest IRAS officer (HAG Level) is supported by FA& CAO(Financial Advisor & Chief Account Officer, SAG Level) and Deputy FA& CAO (JAG Level) plus AFA (Asst. financial ...
With that in mind, the NRP's main goal is to increase the size of the nation's railway capacity to include 70 million more people and 2.8 billion tons more of freight within the next 25 years, and 100 million more people and 4 billion tons more of freight within the next 40 years. The NRP also looks to continue improving the rail systems safety ...
In 2018, India's government set a target of achieving 100% electrification, with budget allocated for the task, and an initial target for completion in fiscal year 2021-2. [ 15 ] [ 2 ] The next year, IR set up a plan to achieve this goal in five fiscal years, with an aim to complete the project by December 2023. [ 3 ]
The 2014 Railway Budget of India refers to the Railway Budget of the Indian Railways in the ... Workstations will be available for on-board use for a fee by business ...