Everything you need to know about union budget 2016. Budget proposals to mark beginning of a five year action plan to transform the railways. Users can find all relevant documents related to the indian rail budget 2015 16. The beginning of the budget printing began on 19 february 2015 with the traditional halwa ceremony. The union budget 201819 focuses on infrastructure as much as it does on agriculture and healthcare. Union budget of india 201516 highlights and analysis clear ias. The plain and sad fact is that the indian armed forces are in dire need of funds infusion. Taxfree bonds for projects in rail road and irrigation 3. It is in this context that the report, of hits and misses.
Budget 2015 live budget coverage online, union budget 201516, key points and highlights of india budget 2015, income tax slab, fdi by finance minister arun jaitely. This will be prime minister narendra modiled nda governments first railway budget. People have high expectations from the railway budget and are expecting. Most of this capex will be dedicated to capacity creation. Union railway minister suresh prabhu on thursday said that he was hopeful rail budget 2015, which he presented in the lok sabha today, will provide direction to the indian railways. It is not only important for corporates but for individuals from all.
Analysis of union budget 201819, presents a comprehensive analysis of the budgetary provisions for important social sectors and the vulnerable sections of the population. The budget 201718 has been marked by historic economic policy developments. Naturally, the anticipation among the citizens as well as the economists were on the rise. Rail budget 201920 regular modified regular budget 201920 other coaching earnings target. First, the union governments financial resources are themselves overstretched. Union budget 201819 live updates highlights pdf free download union budget 201819. Madam speaker, this railway budget is part of a trilogy of documents that chart out our vision for the future.
The union budget of india also called the general india budget is presented each year on the last working day of february. It is the exclusive and best telugu education portal established by sakshi media group. Live updates of union budget 201819, 201718, 201617. Smoking, eating out, air travel to be costlier manufacturing sector neglected. Live budget news et brings you 360 degree coverage of the budget 201617. Union minister for finance shri arun jaitley on 28th february presented in parliament the union budget. Cabinet clears merger of railways and union budgets the. Union budget 201516 india, indian union budget 201516. Sukanya samridhhi yojna gets taxfree status sukanya samriddhi scheme is a new entrant in the smallsavings schemes category aimed at encouraging savings for a girl childs. Check out the photo gallery of union railway minister suresh prabhu presenting the railway budget 2015 16. These budgetary proposals would be applicable for financial year 1 april 2012 to 31 march 20. The budget is presented by the finance minister of india in parliament. It includes the effect of railway budget union minister for finance shri arun jaitley on 28 th february presented in parliament the union budget 2015 16, with a focus on growth, promoting entrepreneurship and manufacturing, rationalizing tax regime and announcing some relief to common man. Major features in a nutshell the railways minister has not increased the passenger fares.
Presentation of the union budget 201718 budget 201718 not only subsumed the railway budget but was also advanced to 1 february to enable ministries to operationalise all activities from commencement of the fy on 1 april. Always revise this pdf once or twice before every exam you are going to write this year. Railway budget for 201516 on 26th of february, 2015. Modi government on 21 september 2016 approved merger of the. From 20 february until the presentation of budget about 100 government employees remained locked up in the north block of the secretariat building, new delhi, which houses the budget printing press, to maintain secrecy. The second part is todays budget for the year 2015 16.
The highlights of the railway budget 201516, as provided by the. Rail budget highlights 201516 in english indian railway. The european rail traffic management systems ertms, in particular, is a prime example of how the european rail sector can drive innovation and support the creation of a unified railway area and improve efficiency, while opening up significant business opportunities for the european rail industry, both in and outside the eu. Live updates of union budget 201819, 201718, 201617, 2015. The union budget for 201516 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. However, contrary to public expectations, he has not started any new train as well. Personal indisposition or the weight of expectations of over a billion indians one read more.
Union budget 201516 india, indian union budget 201516, pdf. The rail budget for 201516 has proposed a plan out lay of rs 1,00,011 crore, over one and a half times the outlay of rs 65,798 crore in the revised estimates for the current fiscal. Rs 9kcr senior citizen welfare fund may face hurdles. Dramatic increase in budgetary allocation to defence. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015. Infrastructure statement 201516 i about this budget paper purpose and scope budget paper no. Budget is most economic event in the country which outlines all the economic planning of the government of india for the next year. Kindly keep this document safely and please share this with your friends. Union budget 2015 16 india presented by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The rail budget for 2015 16 has proposed a plan out lay of rs 1,00,011 crore, over one and a half times the outlay of rs 65,798 crore in the revised estimates for the current fiscal. Union budget 201516 extension of reduced tax rate of 5% on income foreign investors fiis and qfis from corporate bonds and government securities till 30th june, 2017.
The union budget of india for 201220 was presented by pranab mukherjee, on 16 march 2012, which was the 7th budget of his career. Will the budget of the modi governmnet live up to the expectations of the aamaadmi. Union budget of india 201516 highlights and analysis. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. Get the latest news and views of the union budget 2015 16. Union budget 201516 is special as this is the first budget after the creation of national institution of transforming india niti and acceptance of 14th finance commissions ffc recommendation of substantially higher devolution of union taxes to states. Rdso to develop a suitable device with reliable power supply system. We not only see a clear direction in which the economy is going to be steered but also the key milestones that we. On 21 september 2016, government of india approved the merger of the railway budget with the union budget of india, and thus came to end. Full budget allotment 201920 submajor head 11 provident fund, pension and other retirement benefits.
I rise to present before this august house the statement of estimated receipts and expenditure for 2015 16 for indian railways. One can get the full text, pdf of the rail budget 2018. Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Live india budget 2016 news coverage online, highlights of union budget 201617, income tax slab, fdi, fiscal policy, gst bill by finance minister arun jaitely. The first in the series is the white paper that has been placed today for the information of the house. Mar 01, 2016 download the economic survey, railway budget, union budget pdf for competitive exams like upsc, ibps, rrb, rbi, sbi, and other state level exams. The union budget of 201819 presented by finance minister arun jaitley is the 5th final budget of the bjp government before the lok sabha elections 2019. Budget 2015 live india budget news, union budget 201516. Indian railway budget 201516, rail budget highlights, pdf. Union railway minister suresh prabhu presenting the. D2g has prepared a consolidated pdf of economic survey, railway budget, and union budget 2016.
Roadmap to take growth to double digit level this budget has laid down the roadmap for taking india to double digit growth. Get the latest news on budget 2020, income tax, railway budget, agriculture budge, infrastructure budget and more, catch live coverage of the 2020 union budget on ndtv profit. It is heartening to note that the government continues to recognise this sector to be the growth driver for the. Reminiscent of the previous budget, the emphasis was on transforming. Cabinet clears merger of railways and union budgets union cabinet has cleared finance ministrys proposals to reform the entire budgetary process, including advancing the date of budget. Union railway minister suresh prabhu will be presenting the 2015 16 railway budget in the parliament on thursday. Union finance minister arun jaitley announced the following highlights in the rail budget. The indian railway budget 201516 has announced that the indian railways envisages investment of rs 8.
Stay on the times of india to know the live update, latest news and headlines about indias union budget 2015 16. The much awaited, and the first fullfledged, union budget by the narendra modi government for the financial year 201516 was tabled in the parliament today by the finance minister mr. Highlights of the railway budget 201516 the hindu centre. Rail budget 2018 will be presented with the union budget in parliament. Indian railway budget speech 201516 speech of shri suresh. Union budget 2015 16 is special as this is the first budget after the creation of national institution of transforming india niti and acceptance of 14th finance commissions ffc recommendation of substantially higher devolution of union taxes to states. In an interview to state broadcaster doordarshan news, prabhu said it. Indian railway budget 201516, rail budget highlights, pdf, india. Railway budget 2018 live rail budget 201819 highlights. Union budget 201516 impact on the real estate and infrastructure sector disclaimer. The 92year old custom of presenting railway budget and general budget separately was eliminated by modi government on.
The budget clearly did not disappoint as it gave due importance to all sections of the economy and tried to enhance the. We hope the government will be able to meet the set target in the fiscal year 2015 16. This will be followed by a vision2030 document that we intend to bring out later this year. Get latest updates on budget highlights, railway budget, expert views and opinion. Users can find all relevant documents related to the indian rail budget 201516. The railway budget was presented every year, a few days before the union budget, till 2016. Highlights of union budget 2015 internet desk february 28, 2015 12. Gross domestic product gdp growth of india for 201516 projected between 88. General budget which gives an overall picture of financial position of the government of india. Union budget analysis 7 it may be noted that the government was able to meet just 50% of the budgeted amount for disinvestment in the year 201415. With regard to expenditure, the total expenditure is estimated to rise by 5. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Will there be any other surprises in the railway budget. The budget of 201819 will be presented on thursday february 1 by union finance minister arun jaitley.
Government budget is designed for optimal allocation of resources. Ir to become prime mover of economy once again 2 resource mobilization for higher. Union budget 201819 live updates highlights pdf download. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Amrut mahotsav the year 2022, 75th year of independence. Presentation of the union railway budget 201617 by suresh prabhu, minister for railways.
What are your expectations from the union budget of india. Live budget 2020 union budget 2020 income tax railway. The union railway budget for 201516 was presented by mr suresh prabhu, union minister for railways, government of india, on february 26. Union budget niti aayog and finance commission recommendations.
Gold monetization scheme to allow the depositors of gold to earn interest in their metal accounts and the. Highlights of budget, union budget 201617, railway budget 2016, economic survey 2016. Madam speaker, the railway map of india is a network of veins that pump. Rail research and shift2rail mobility and transport. The union budget is presented to the parliament in two parts.
Affirming that the economy is right on track, finance minister arun jaitley presented the union budget for 201617. Union budget documents railway budget speech 201516 pdf 371 kb. Railway budget 2017 highlights, union budget 2017, railway. Railway budget 2015 16 railways minister suresh prabhu has announced that wifi facilities would be provided at over 400 railway stations. The proposals contained in this budget should, therefore, be seen as the beginning of a five year action plan to transform the railways. Gross domestic product gdp growth of india for 201516 projected between 8. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget. Ndtv business hindi movies cricket health hop food tech auto swasth apps art.
Et bureau fm had announced setting up of the fund using the unclaimed deposits of about rs 3,000 crore in the ppf and about rs 6,000 crore in the epf corpus. The budget that will be presented by jaitley will be the first after the goods and services tax gst regime was implemented. Indian railway budget speech 2015 16 speech of shri suresh prabhakar prabhu introducing the railway budget for 2015 16 on 26th of february, 2015 madam speaker, 1. It is presented every year by the minister of railways, representing the ministry of railways, in the parliament. The information contained in this document has been compiled or arrived at from other sources believed to be reliable, but no representation or warranty is made to its accuracy, completeness or correctness. Union budget 2015 live update and budget highlights.
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