What is rail budget of India?

What is rail budget of India?

Rail Budget. Rail 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,…

What are some of the traditions of the railway budget?

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. ^ “No. 32188”.

Who presented the first railway budget for independent India?

John Mathai presented the first Railway Budget for independent India in November 1947. The first live telecast took place on 24 March 1994. Lalu Prasad Yadav, who remained Railways Minister from 2004 to May 2009, presented the railway budget 6 times in a row.

Who among the following presented the railway budget most times?

Jagjivan Ram presented the railway budget most 7 times. The first live telecast took place on 24 March 1994. Lalu Prasad Yadav, who remained Railways Minister from 2004 to May 2009, presented the railway budget 6 times in a row.

Who presented the railways budget every year?

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.

What did Prabhu announce in Railway Budget 2015?

The budget was presented by the Railway Minister Suresh Prabhu in the Parliament on 26 February 2015. No new trains were announced. There were no passenger fare hikes announced. Passengers will be allowed to book tickets up to 120 days in advance, an increase from current 2 months.

How many times Lalu Prasad Yadav presented the railway budget?

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. In the year 1999, Mamata Banerjee (later Chief Minister of West Bengal) became the first female Railway Minister.