Under-provisioning for the DRF has also been observed as one of the reasons behind the decline in track renewals, and procurement of wagons and coaches. Modernization of Police Forces in Indian states. Implications for real estate allottees Explained: It was to have a corpus of one lakh crore rupees over a period of five years Rs 20, crore per year. Finances of the Railways were presented along with the Union Budget on February 1, the Railways Budget was merged with the Union Budget last year.
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Finances of the Railways were presented along with printe Union Budget on February printfr, the Railways Budget was merged with the Union Budget last year. Vinayak Krishnan – March 20, Comments. Provisioning Rs crore towards depreciation might be an extremely small amount considering the scale of infrastructure managed by the Indian Railways, and the requirement to replace old assets to ensure safety.
The Committee on Restructuring Railways had observed that the expenditure on staff is extremely high and unmanageable. Skip to main content. What happened to the dividend that was waived off last year? Fromthe requirement of paying dividend was waived off.
Purpose for which money was sanctioned. Related Post Indian Railways rationalises freight fares Explained: Under-provisioning for the DRF has also been observed as one of the reasons behind the decline in 7645iii renewals, and procurement of wagons and coaches.
Modernization of Police Forces in Indian states
The consequence is that freight rates have been increasing which has resulted in freight traffic moving towards roads. Satisfaction levels with the housing provided were also very low.
Following are some of the other main findings from the CAG report:.
Further, printre the funds printdr were released were not fully utilized. In this context, the Committee recommended that the Director General, Indian Coast Guard, should be the nodal authority for coordinating operations related to coastal security. The graph below shows the actual releases by the Centre and the States as percentages of their share in the proposed outlays: The last dividend amount paid was Rs 8, crore in Railways used to pay a return on the budgetary support it received from the government every year, known as dividend.
EC Line EC-PMII manual
The plan is approved by the Ministry of Home 7645i and money is released as per the plan. Consequently, the period of audit for different states may vary.
Forthe expenditure on staff is estimated at Rs 76, crore.
It also noted that there was lack of coordination between the Indian Navy, the Indian Coast Guard, and the coastal police. Figure 2 shows the trends in capital outlay over the last decade.
EC Line EC-PM-7645II manual
Most of the new vehicles replaced the old ones, and no additions were made. In the dc few years, Railways has been struggling to run its transportation business, and generate its own revenue. How can Railways raise more money? India has a land border of over 15, kms, which it shares with seven countries Pakistan, China, Bangladesh, Nepal, Myanmar, Bhutan, and Afghanistan.
The remaining allocation is towards grants to Union Territories, and other items including disaster management, rehabilitation of refugees and migrants, and the Union Cabinet. There was also shortage vacant posts of technical manpower. Thus, the amount finally spent fell significantly short of the initial proposal. Residential and non-residential buildings.
Last year, the Rashtriya Rail Sanraksha Kosh was created to provide for passenger safety. It had also recommended setting up an independent regulator for the sector. The Committee on Restructuring Railways had suggested that Railways can raise more revenue through private participation in the following ways: Allocation to the Pension Fund is estimated at Rs 47, crore. Examining the Working of the Home Ministry.