Page 10 - MASTER IN BUDGET
P. 10
Tourism road-map of decongestion and enhance line-capacity
# Partnering with State Governments for operating enhancement as detailed in 2015-16. The focus is on
tourist circuit trains; recent upgradation of National enhanced CAPEX with a mix of various sources of
Rail Museum, promotion of tourism through Railway funding in order to ensure that the projects are given
museums and UNESCO world heritage Railways. assured funding.
# To spread awareness about our National Animal, the # Gross Trafic Receipts kept at Rs 1,84,820 crore .
Tiger, complete packages including train journey, Passenger earnings growth has been pegged at 12.4
safaris and accommodation to cover the wildlife % and earnings target budgeted at Rs. 51,012 crore.
circuit comprising Kanha, Pench and Bandhavgarh The freight trafic is pegged at incremental trafic of
will be offered. 50 million tonnes, anticipating a healthier growth
Annex1 of the Speech details the inancial performance in the core sector of economy. Goods earnings is
accordingly proposed at Rs. 1, 17,933 crore. Other
of the Indian Railways & the estimates of Receipts & coaching and sundries projected at Rs. 6,185 crore
Expenditure. and Rs. 9,590.3 crore respectively.
FINANCIAL PERFORMANCE 2015-16: # OWE provides for the implementation of the 7th
# Net reduction in Gross Trafic Receipts by Rs 15,744 CPC.
crore in RE 2015-16 compared to the BE target of # Pension outgo budgeted at Rs 45,500 crore in 2016-
Rs 1,83,578 crore. Passenger earnings scaled down 17.
keeping in view the persistent negative growth trend
since 2013-14 both in the suburban and non-suburban # Higher staff cost and pension liability impacts
non-PRS segment of travel. the internal resource position of the Railways.
# Freight earnings impacted mainly on account of low Accordingly, appropriation to DRF from revenue
placed at Rs 3,200 crore and that from Production
demand from the core sector resulting in resetting the Units at Rs 200 crore. A withdrawal of Rs 3,160 crore
target in R.E. 2015-16 to Rs 1,11,853 crore. from DRF on net basis proposed though the gross
# Stringent economy and austerity measures adopted expenditure to be met from DRF in the Annual Plan
to contain the Ordinary Working Expenses (O.W.E.) estimated at Rs 7,160 crore. Rs 5,750 crore proposed
due to which budgeted Ordinary Working Expenses to be appropriated to the Capital fund. With a draw-
of Rs 1,19,410 crore decreased in the Revised down of Rs 1,250 crore from previous balances in
Estimates 2015-16 to Rs. 1,10,690 crore i.e. by Rs the fund, plan requirement of Rs 7,000 crore for
8,720 crore. repayment of principal component of lease charges
# BE provided for an appropriation of Rs. 34,900 crore to IRFC met.
to the Pension Fund. However, based on trend, the # Railways are preparing a Plan size of Rs. 1,21,000
pension outgo moderately decreased to Rs. 34,500 crore in 2016-17.
crore in RE. Annex-2 of the speech details the Implementation
# Internal resource generation diminished and of Budget announcements 2015-16
appropriation to DRF moderated to Rs. 5,500 crore
in RE from the BE 2015-16 provisioning of Rs. 7,900
crore. Excess of receipts over expenditure in RE All budget info. just a click away...
2015-16 stands at Rs. 11,402.40 crore.
# Plan size for 2015-16 is currently estimated at
1,00,000 crore i.e. the BE level.
Budget Estimates 2016-17:
# The intention to improve revenues and ensure
appropriate investments which can continue the
@Mahendra’s 10 MASTER IN BUDGET 2016-17
# Partnering with State Governments for operating enhancement as detailed in 2015-16. The focus is on
tourist circuit trains; recent upgradation of National enhanced CAPEX with a mix of various sources of
Rail Museum, promotion of tourism through Railway funding in order to ensure that the projects are given
museums and UNESCO world heritage Railways. assured funding.
# To spread awareness about our National Animal, the # Gross Trafic Receipts kept at Rs 1,84,820 crore .
Tiger, complete packages including train journey, Passenger earnings growth has been pegged at 12.4
safaris and accommodation to cover the wildlife % and earnings target budgeted at Rs. 51,012 crore.
circuit comprising Kanha, Pench and Bandhavgarh The freight trafic is pegged at incremental trafic of
will be offered. 50 million tonnes, anticipating a healthier growth
Annex1 of the Speech details the inancial performance in the core sector of economy. Goods earnings is
accordingly proposed at Rs. 1, 17,933 crore. Other
of the Indian Railways & the estimates of Receipts & coaching and sundries projected at Rs. 6,185 crore
Expenditure. and Rs. 9,590.3 crore respectively.
FINANCIAL PERFORMANCE 2015-16: # OWE provides for the implementation of the 7th
# Net reduction in Gross Trafic Receipts by Rs 15,744 CPC.
crore in RE 2015-16 compared to the BE target of # Pension outgo budgeted at Rs 45,500 crore in 2016-
Rs 1,83,578 crore. Passenger earnings scaled down 17.
keeping in view the persistent negative growth trend
since 2013-14 both in the suburban and non-suburban # Higher staff cost and pension liability impacts
non-PRS segment of travel. the internal resource position of the Railways.
# Freight earnings impacted mainly on account of low Accordingly, appropriation to DRF from revenue
placed at Rs 3,200 crore and that from Production
demand from the core sector resulting in resetting the Units at Rs 200 crore. A withdrawal of Rs 3,160 crore
target in R.E. 2015-16 to Rs 1,11,853 crore. from DRF on net basis proposed though the gross
# Stringent economy and austerity measures adopted expenditure to be met from DRF in the Annual Plan
to contain the Ordinary Working Expenses (O.W.E.) estimated at Rs 7,160 crore. Rs 5,750 crore proposed
due to which budgeted Ordinary Working Expenses to be appropriated to the Capital fund. With a draw-
of Rs 1,19,410 crore decreased in the Revised down of Rs 1,250 crore from previous balances in
Estimates 2015-16 to Rs. 1,10,690 crore i.e. by Rs the fund, plan requirement of Rs 7,000 crore for
8,720 crore. repayment of principal component of lease charges
# BE provided for an appropriation of Rs. 34,900 crore to IRFC met.
to the Pension Fund. However, based on trend, the # Railways are preparing a Plan size of Rs. 1,21,000
pension outgo moderately decreased to Rs. 34,500 crore in 2016-17.
crore in RE. Annex-2 of the speech details the Implementation
# Internal resource generation diminished and of Budget announcements 2015-16
appropriation to DRF moderated to Rs. 5,500 crore
in RE from the BE 2015-16 provisioning of Rs. 7,900
crore. Excess of receipts over expenditure in RE All budget info. just a click away...
2015-16 stands at Rs. 11,402.40 crore.
# Plan size for 2015-16 is currently estimated at
1,00,000 crore i.e. the BE level.
Budget Estimates 2016-17:
# The intention to improve revenues and ensure
appropriate investments which can continue the
@Mahendra’s 10 MASTER IN BUDGET 2016-17
