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The Union Minister of Railways Shri Lalu Prasad giving finishing touches to the Railway Budget, 2004 - 2005 in New Delhi on July 5, 2004. Lalu Prasad Yadav, who remained Railways Minister from 2004 to May 2009, presented the railway budget 6 times in a row. In 2009, under his tenure a ₹ 108 billion (US$1.2 billion) budget was passed. [10]
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]
At the apex level of policy formulation, the Financial Commissioner, Railways, assisted by Additional Member (Finance), Additional Member (Budget), Adviser (Finance) and Adviser (Accounting Reforms) in–charge of Budgeting, Expenditure, Earnings, Accounting and Accounting Development/Reforms, is there to aid and guide the Ministry of Railways ...
Since 1925, the Railway budget was presented before the Union budget till 2016. The central government approved the merger of the Rail and General budgets from 2017. [ 39 ] On 31 March 2017, Indian Railways announced a target of electrifying the entire rail network would be electrified by 2023. [ 40 ]
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 ...
The recruitment and promotion to various grades of RBSS are governed by Railway Board Secretariat Service Rules, 1969 notified on 11 Oct 1969 and a number of modifications and amendments made to the principle rules thereafter last being through Railway Board Secretariat Service (Amendment) Rules, 2004 notified in December 2004. [12]
The Passenger Amenities Committee (PAC) is a statutory Organization body under the Ministry of Railways (India), Government of India. [1] It is tasked with grievances of passengers for the ease of railway transport in India.
[1] [2] Both railways were owned by the Government of Pakistan and efforts were made to unify the governance of these two railways under a single railway board. [3] However, until the formulation of the Railway Board, both the railways were administered through the Railway Division of the Ministry of Communications. The division was headed by ...