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Railway budget of India was the Annual Financial Statement of the state-owned Indian Railways, 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 Railway Budget was presented every year, a few days before the Union budget, till 2016. Modi government on 21 September 2016 approved merger of the Rail and General budgets from the next year, ending a 92-year-old practice of a separate budget for the nation's largest transporter. Railways Minister Suresh Prabhu said that this merger proposal was in the long term interest of railways as well as the country's economy and was a colonial practice that needed to be ended. [1]
Following the recommendation of the Acworth Committee in 1920–21, headed by British railway economist William Acworth [2] The "Acworth Report" led to reorganisation of railways, the railway finances were separated from the general government finances in 1924. After that in 1924 the budget was announced, a practice that continued till 2016. [3] [4] [5]
John Matthai presented the first Railway Budget for independent India on 20 November 1947 which was interim Railway Budget and only after 3 months he presented his second Railway Budget on 24 February 1948 where revised estimates showed a fall in earnings of about 8 crores rupees as compared with the budget estimates. [6] [7]
Jagjivan Ram presented the railway budget most 7 times. [8]
The first live telecast took place on 24 March 1994. [9]
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$1.4 billion) budget was passed. [10]
In the year 1999, Mamata Banerjee (later Chief Minister of West Bengal) became the first female Railway Minister. In 2000, she became the first female to present the Railway budget [11] and is the only woman to do so for two different governing coalitions (NDA and UPA).
In 2014 budget, Railway Minister D. V. Sadananda Gowda announced the first bullet train and 9 High-Speed Rail routes. [12]
The last Railway Budget was presented on 25 February 2016 by Mr. Suresh Prabhu. [13]
Traditions included the Railway Minister making final changes to the budget, the railway minister carrying the briefcase with the budget documents, and an after budget press meet.
Mamata Banerjee is an Indian politician who is serving as the eighth and current chief minister of the Indian state of West Bengal since 20 May 2011, the first woman to hold the office. Having served multiple times as a Union Cabinet Minister, Mamata Banerjee became the Chief Minister of West Bengal for the first time in 2011. She founded the All India Trinamool Congress in 1998 after separating from the Indian National Congress, and became its second chairperson later in 2001. She is often referred to as Didi.
Kolkata Circular Railway, also known as the Kolkata Chakra Rail, is a 36.20 km (22.49 mi) long railway loop line operated by the Sealdah division of the Eastern Railway zone of Indian Railways, encircling the city of Kolkata.
Suresh Prabhakar Prabhu is an Indian politician and Chancellor of Rishihood University who was the Minister of Civil Aviation, Railways, Commerce & Industry in the First Modi ministry.
Dinesh Trivedi is an Indian politician. He was a Member of Parliament in Rajya Sabha from West Bengal and a former Member of Parliament, Lok Sabha (2009–2019) representing Barrackpore constituency of West Bengal. Prior to that he was Member of Parliament, Rajya Sabha for two separate terms. He is the former Union Minister for Railways and the former Union Minister of State for Health and Family Welfare under Manmohan Singh's cabinet.
The Minister of Railways is the head of the Ministry of Railways and a senior member of the union council of ministers of India. The position of the Minister of Railways is usually held by a minister of cabinet rank and has occasionally been held by a minister of state with independent charge. The cabinet ministers are often assisted by one or two junior ministers, or the Ministers of State for Railways.
The Yuva Express series of trains were introduced by erstwhile Minister of Railways Mamata Banerjee during the 2009-10 budget together with the Duronto Express. They were intended to provide an air-conditioned low-cost travel option for the youth and backward-class of the country. It's currently operating in Indian Railways.
The Rewari–Rohtak line is a railway line that connects Rewari and Rohtak in the Indian state of Haryana. Train services on this line started on 8 January 2013.
The Khurda Road-Bolangir line is a rail line between Khurda Road Junction and Balangir which is under construction.
The Kavi Guru Express series of trains were introduced by Indian Railways in 2011 for the 1st time together with the Rajya Rani Express. They were introduced by the then Railway Minister of India Ms. Mamata Banerjee in honour of Rabindranath Tagore. There were 4 trains proposed in the budget to operate as part of the series
The 22454 / 22453 Meerut City–Lucknow Rajya Rani Express is a Superfast Express train of the Rajya Rani Express series belonging to Indian Railways – North Central Railway zone that runs between Meerut City and Lucknow NE in India.
Hazaribagh Town Railway Station is a railway station in India which serves the city of Hazaribagh in the state of Jharkhand. It belongs to East Central Railway of Dhanbad division and is located on NH100, Kumhar Toli in Hazaribagh district of Jharkhand state. Patna - Ranchi Vande Bharat Express also halts at Hazaribagh Town railway station.
The 2015 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2015–16. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament on 26 February 2015.
The 2014 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2014–15. The budget was presented in the India Parliament by Railway Minister D. V. Sadananda Gowda on 8 July 2014.
Saurabh Kumar (1983–2015) was an engineering officer with the Indian Railways, who is being hailed as one of a series of whistleblowers against Corruption in India. He was killed under mysterious circumstances in Kharagpur after having told his family about getting death threats for resisting pressure to pass tenders.
The 2016 Railway Budget of India refers to the Railway Budget of the Indian Railways in the fiscal year 2016–17. The budget was presented by the Railway Minister Suresh Prabhu in the Parliament on 25 February 2016. It was the final Railway Budget of India as after this budget, the Railway Budget got merged with the Union Budget of India.
The Swami Vivekanand Interstate Bus Terminus (Swami Vivekanand ISBT), popularly known as Anand Vihar Interstate Bus Terminus (Anand Vihar ISBT), located in Delhi is one of the three Inter State Bus Terminals in Delhi. It operates bus services between Delhi and the neighbouring states of Uttar Pradesh and Uttarakhand.
The 12083/12084 Mayiladuthurai–Coimbatore Jan Shatabdi Express is a Jan Shatabdi Express train connecting Mayiladuthurai Junction and Coimbatore Junction in Tamil Nadu, India. The passenger service is one among the twenty Jan Shatabdi Express trains in India other than Chennai Central–Vijayawada Jan Shatabdi Express that runs within Tamil Nadu.
Charhi Railway Station is a station on the Koderma–Hazaribagh–Barkakana line in Churchu, Hazaribagh district, Jharkhand serving Charhi and nearby areas.
East-West Dedicated Freight Corridor or East-West DFC is a freight specific railway proposed from Eastern to Western India by Indian Railways. The corridor will run between Dankuni in West Bengal and Palghar in Maharashtra. It was announced by then Railway Minister Suresh Prabhu, while presenting the Railway Budget of India in the fiscal year 2016-17. The Government has indicated that they are likely to use foreign direct investment for funding the project. The project would be undertaken through Public Private Partnership (PPP) model.
The Koderma–Hazaribagh–Barkakana–Ranchi line is an Indian railway line connecting Koderma Junction in the Asansol–Gaya section with Hazaribagh Town, Barkakana and Ranchi. This 211-kilometre (131 mi) track is under the jurisdiction of South Eastern Railway and East Central Railway.
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