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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 .
Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha on 1 February 2024 following the necessary approval from the President of India. During this presentation, the Finance Minister highlighted the crucial aspects of the document and justified the underlying thought process behind the proposed initiatives.
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
Category: 2024 in rail transport. ... Print/export Download as PDF; Printable version; In other projects Wikimedia Commons;
– Egyptian National Railways reintroduces service between Al Ismailia and Bir-al-Abd. [132] October 11 – Xuancheng–Jixi high-speed railway starts operations between Xuancheng and Jixi County. [133] October 12 – Line 4 of the Milan Metro extends from San Babila to San Cristoforo. [134] October 13 – Translink opens Belfast Grand Central ...
The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by ...
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]
Indian Railways is a state-owned enterprise that is organised as a deparmental undertaking of the Ministry of Railways of the Government of India and operates India's national railway system. [ a ] As of 2023 [update] , it manages the fourth largest national railway system by size with a track length of 132,310 km (82,210 mi), running track ...