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A target to eliminate all unmanned railway crossings by 2020 was announced. There are about 11,000 unmanned crossings in India. The 2015 budget had allocated ₹ 6,581 crore (US$789 million) to eliminate 3,500 of these crossing. But by February 2016, work had been completed on only 1,000 of them. [8] CCTVs will be installed in major stations. [9]
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 Indian Railway Personnel Service (IRPS) is a Prestigious Group 'A' Central Civil Service cadre of the Government of India. The central civil servants of this service are responsible for managing the Human Resources of the Indian Railways and welfare of railway employees and their families. Railways has a work force of about 1.4 million ...
Employees can borrow up to 34 months of their basic pay, with a cap of ₹25 lakh, the cost of the house or flat, or an amount based on their repayment capacity—whichever is the lowest. If both spouses are central government employees, they can apply for the Housing Building Advance (HBA) either jointly or separately.
Satellite stations will be built around 10 major stations to reduce congestion and serve the suburbs. Four Railway Research Centres will be introduced in select four universities. [5] [1] The Indian Railway will raise ₹17,655 crore from the market through its two companies Indian Railway Finance Corporation (IRFC) and Rail Vikas Nigam Limited ...
The 2016 Union budget of India was the annual financial statement of India for the fiscal year 2016–2017. It was presented before the parliament on 29 February 2016 by the Finance Minister of India, Arun Jaitley. [1] The printing of the budget documents began with a traditional Halwa ceremony on 19 February 2016. [2]
Pay cheques were issued by a number of companies, including the Great Western Railway, London, Midland and Scottish Railway, London & North Western Railway, British Railways, [4] Great Central Railway, [8] North Eastern Railway, [9] etc.