Railway Budget & Key components After Merger with Union Budget

Railway Budget:

Until 2016, the Railway Budget was published annually, a few days well before the Union Budget. But after2016 The Railway Budget was merged with the general budget .The first combined budget was presented in parliament on 1 February 2017.

The Railway Budget is a financial statement presented by the government of a India that outlines the budgetary allocations, plans, and policies related to the railway sector. The budget specifically focuses on the financial aspects of the railway system, including revenue generation, expenditure, infrastructure development, modernization, and other related projects. The Railway Budget is usually presented along with the overall national budget.

विलम्ब शुल्क एवं स्थान शुल्क (Wharfage & Demurrage)


 विलम्ब शुल्क एवं स्थान शुल्क 


परिभाषाए 

विलम्ब शुल्क 
स्टेशन पर माल गोदाम या साइडिंग में लदान या उतराई के लिए दिये गये अनुमत समय (फ्री समय ) के पश्चात् पार्टी के व्दारा वैगनो को रोके रखने के लिए रेलवे के व्दारा जो चार्ज वसूल किया जाता है उस विलम्ब शुल्क कहा जाता है।विलम्ब की गणना करते समय 26 जनवरी 15 अगस्त और रविवार को अनुमत समय में नही गिना जाता है विलम्ब शुल्क लगाने का उद्देश्य यह है कि व्यापारी रेलवे माल डिब्बो को शीघ्रता से रिलीज करे

Short note on Earnest Money

EARNEST MONEY

(I) It is a security against loss, in the event of contractor failing to under take the contract or to furnish the required security within the appointed time after the acceptance of his tender or until such time as the sums due to him form a sufficient guarantee.

(II) Amount of Earnest Money : The tender shall be required to deposit earnest money with the tender for the due performance with the stipulating to keep the offer open till such date as specified in the tender under the condition of tender. The earnest money shall be 2% of the estimated tender value as indicated in the tender notice. The earnest money shall be rounded to the nearest Rs. 10/-. This earnest money shall be applicable for all modes of tendering. The Earnest Money of the requisite amount is required to be deposit either in cash with the Chief Cashier or in any of the following form :-

Short note on BOT / BOOT Schemes

 BOT / BOOT Schemes - 


Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, and operate a facility stated in the concession contract. This enables the project proponent to recover its investment, operating and maintenance expenses in the project. 

Short Note on Security Deposit

SECURITY DEPOSITS

(I) Amount of Security deposits are to be paid by the contractor for the due fulfilment of contracts. The security deposit/rate of recovery/mode of recovery on acceptance of tender shall be as under :

a. These security deposit for each work will be 5% of the contract value.

b. The rate of recovery will be at the rate of 10% of the bill amount till the full security amount is recovered.

Short Note on Zonal Work Contracts

Zonal Work Contracts : 

These zonal work contracts mostly cover new works, ordinary repairs and maintenance works in particular zone/area costing over Rs. 100,000. The zonal contracts are generally for one year and are awarded for each sub-division headed by Asstt. Engineer or Division is headed by Senior Scale or Junior Administrative grade officer. These are based on % above/below schedule of Rates. These have been adopted on a lumpsum amount of estimated cost of works during the year and the overall value of works to be done is specified. A work order is to be issued for each item of work to entrusted to the contractor.

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Short Notes (25) Question Bank (17) Account & Finance (15) FINANCIAL RULES (13) Question & Answer (7) Functions of Accounts Department (3) STATION BALANCE SHEET (3) H.07 लेखा निरीक्षण (2) INDEX (2) RAILWAY BUDGET (2) 0 FINANCIAL RULES SYLLABUS (1) 1. RAILWAY BUDGET (1) 2. Rules of Allocation (1) 3. INVESTMENT PLANNING AND WORKS BUDGET (1) 5. STATION OUTSTANDING. (1) 6.0 RAILWAY BUDGET (Short Note) (1) 6.1 Cannons/Standards of Financial Propriety (1) 6.10 CONTROL OVER EXPENDITURE (1) 6.2 Consolidated Fund Of India (1) 6.4 RULES OF RE-APPROPRIATION (1) 6.7 AUGUST REVIEW (1) 6.9 APPROPRIATION ACCOUNT (1) 8.1 निविदा (Tender) (1) Account (1) Accounts (1) Audit & Audit Report (1) BOT / BOOT Schemes (1) CONTINGENCY FUND OF INDIA (1) Contract & Its Types (1) Earnest Money (1) FINAL MODIFICATION (1) H 1 रेलवे टेंडर सिस्टम (Railway Tender System) (1) H.01 रेलवे का इतिहास एवं संगठन (1) H.01.1रेलवे की परिभाषा और प्रबंध की संरचना (1) H.02 लेखा एवं वित्त (1) H.03 रेल लेखा की संकल्पना (1) H.04 रेल बजट (1) H.05 वित्त एवं व्यय पर नियंत्रण (1) H.06 सांविधिक लेखा - परीक्षा (1) H.08 सामान्य व्यय (1) H.09 कारखाना लेखा (1) H.10 भंडार लेखा (1) H.11 यातायात लेखा (1) H.12 रेलवे यातायात (1) H2. 19 बजट आदेश (Budget Order) / बजट आबंटन (Budget Allotment) में अन्तर (1) H2.01 Revised Estimate/Details Estimate में अंतर (1) H2.02 Abstract Estimate / Details Estimate में अंतर (1) H2.03 Revised Estimate / Supplementary Estimate में अंतर (1) H2.04 Completion Estimate / Completion Report में अंतर (1) H2.05 Delay Tender / Late Tender में अन्तर (1) H2.06 Single Tender / Single offer में अंतर (1) H2.07 ओपन टेंडर / लिमिटेड टेंडर में अंतर (1) H2.08. Earnest Money Deposit / Security Deposit में अन्तर (1) H2.09 Security Deposit / Performance Guarantee में अन्तर (1) H2.10 Deposit Miscellaneous / Miscellaneous Advance में अंतर (1) H2.11 On Account Bill / Final Bill में अंतर (1) H2.12 Rate Contract / Running Contract में अंतर (1) H2.13 Demand Payable / Demand Recoverable में अन्तर (1) H2.14 General Books / Subsidiary Books में अंतर (1) H2.15 Consolidated Fund समेकित निधि / Contingency Fund आकस्मिक में अंतर (1) H2.16 मूल्यह्रास संचय कोष (Depreciation Reserve Fund) / विकास कोष (Development Fund) में अन्तर (1) H2.17 Draft Para / Audit Para में अन्तर (1) H2.18 Traffic (Gross) Earning / Traffic (Gross) Receipt में अन्तर (1) H2.20 स्वीकृत व्यय (वोटेड Expenditure) / प्रभ्रत व्यय (Charged Expenditure) में अन्तर (1) H2.21 Estimate Committee / Public Committee में अन्तर (1) H2.22 Public Committee / Railway Convention committee में अन्तर (1) H2.23 Remittance Transaction / Transfer Transaction में अन्तर (1) H2.24 Stock Item / Non-Stock Items में अन्तर (1) H2.25 Co6 / Co7 में अंतर (1) H2.26 TC / JV में अन्तर (1) H8.2 परिचालन अनुपात (1) H8.3 वित्तीय औचित्य (1) H8.4 सर्वेक्षण (1) Letter of credit (1) Limited Tender (1) Local Purchase (1) Open Tender (1) REVISED AND DETAIL ESTIMATE में अंतर (1) Security Deposit (1) Single Tender (1) Special Limited Tender (1) Tender Committee (1) Tender Notice & Tender Documents (1) Traffic Earnings (1) Work Contracts (1) Zero Base Budget. (1) यातायात लेखा विभाग के कार्य (1)