Choose Your Language

Friday, February 27, 2015

RAILWAYS BUDGET 2015 (ALL IMPORTANT FACTS WHICH YOU SHOULD KNOW)

GURU GYAN
RAILWAY BUDGET-2015
ALL ABOUT RAILWAY BUDGET:
Ø RAILWAY BUDGET is the annual Financial Statement of INDIAN RAILWAY, presented every year by the Union Railway Minister in the Lower House i.e. LOK SABHA just a couple of Days before the Union budget of India.
HISTORY:
Ø Railway Finances were separated from general Government finances on the recommendation of “Acworth Committee”, headed by William Acworth in 1920-21. Railway finances were first separated in 1924.
IMPORTANT FACTS:
Ø First live telecast of Railway Budget took place on 24th March 1994 by  Lalu Prasad Yadav.
Ø Mamta Banerjee was the first woman Railway Minister of India.
Ø First bullet train was announced in 2014 by D.V. Sadananda Gowda.
Notes: - Railway budget is presented separately because Indian Railway is among the World’s largest employers with 1.3 million employees. India has the fourth-longest route Network after the U.S.A., Russia and China.
Ø Railway Minister Suresh Prabhu, with the Minister of state for Railway Manoj Sinha Presented his maiden Railway Budget in the Lok Sabha.

HIGHLIGHT OF THE RAILWAY BUDGET 2015:-
Ø Setting up of ‘KAYAKALP’ to help in Technology upgradation.
Ø Planned budget for 2015-16 is 1, 00,011 crores.
Ø Train protection warning system and anti colliding system to be developed by RDSO.
Ø Automatic freight scheme to be launched in pan India.
Ø Increment in speed of 9 trains from 110 km/hr. to 160 km/hr and 130 km/hr to 200 km/hr.
Ø Investment plan for next 5 years by the government is of 8.5 Lakh crore rupees.
Ø No increment in rail fare.
Ø Increase track length by 20% and passenger carrying Capacity from 21 to 30 Million.
Ø Private agencies to be roped in for cleanliness drive.
Ø Free Wi-Fi facility to ‘B’ class stations under the Scheme of Digital India.
Ø Facilities of self operated lockers at stations & mobile phone charging facilities in general class.
Ø Surveillance cameras in selected watches and ladies compartments for women’s safety without compromising on privacy.
Ø Unreserved ticket purchase made simple through smart phones; Debit cards.
Ø Bio toilets in trains.
Ø Mumbai-Ahmadabad bullet train project is in last stage.
Ø No new train is introduced in the railway budget-2015. Main idea was to focus on executing past measures.

DAILY FREE CURRENT AFFAIRS 27 FEBRUARY 2015

DAILY FREE CURRENT AFFAIRS 27 FEBRUARY 2015
Shared By: WWW.DailyGk.IN

1.      FORBES RELEASED 50-POWER BUSINESS WOMEN LIST:-
Ø  Forbes magazine has listed 50 power Business Women from ASIA in its recent issue.
Ø  6 Indian womens have been included in the 50 power Business women from Asia are:-
(1)  Arundhati Bhattacharya -------- SBI chairperson
(2)  Chanda Kochar -------- ICICI Managing Director
(3)  Akhila Srinivasan -------  Shriram Life Insurance MD
(4)  Kiran Mazumdar Shaw ------- Biocon Founder
(5)  Shikha Sharma ------ Axis Bank CEO
(6)  Usha Sangwan ------- LIC Managing Director.
About Forbes Magzine:- Forbes is an American Business Magazine published weekly. It was founded in 1917 by B.C. Forbes. Michael Perlis is the current CEO of Forbes.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q-1) Who among the following women is not in Forbes 50 Power Business Woman from Asia ?
a.       Arundhati Bhatttacharya
b.      Chanda Kocha
c.       Sonia Gandhi
d.      Shikha Sharma.

2 .INDIA’S GDP FORECAST REVISED TO 7.9%:-
Ø S & P has revised India’s GDP forecast to 7.9% in FY 16.
Ø S & P has also raised it forecast for 2016-17 to 8.2% from the previous 6.6%.
Ø 7.9% forecast by S&P, Rising Investment and low oil prices are the primary factors to boost the changes in the economy of the nation.
Note :- S &P or Standard and Poor’s is a Financial Services Company with its headquarter at New York, U.S.A. It is an American stock market Index based on the market Capitalisations of 500 Large Companies having common stock listed on the NYSE.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q-1) S & P has forecasted India’s GDP for FY16  ?
a.    6.6%
b.   7.9 %
c.    8.2 %
d.   6.2 %

3.   RATAN TATA HONOURED :
Ø RATAN TATA  has been honoured with an Honorary Doctorate of Automotive Engineering.
Ø  RATAN TATA was honoured by Clemson Universityat the South Carolina Automotive Summit.
Ø This was the 4th  annual S.C. Automotive Summit.
About Ratan Tata :- Ratan Tata is an Indian Businessman and Chairman Emeritus of Tata sons. He was also the Chairman of Tata Group from 1991-2012. Ratan Tata has also been honoured with Padam Bhushan in 2000 and Padma Vibhushan in the year 2008.
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q-1) Which Indian is Honoured with an Harmony Doctorate of Automotive Engineering at 4th annual S.C.  Automotive Summit ?
a.    Ratan Tata
b.   Mukesh Ambani
c.    Anil Dhirubhai Ambani
d.   Gautam Adani

4.     RAILWAY BUDGET 2015 :
Union  Railway Minister Suresh Prabhu, with the minister of state for Railways Manoj Sinha presented his maiden Railway Budget in the Lok Sabha yesterday.
Ø No new Train was introduced and the focus was to deliver a sustained and measurable improvementin customer experience.
Ø The government will Invest approximatelyRs. 8.5 lakh crores over next 5 years on Railway.
Note :- For Detailed Description on RAILWAY BUDGET, Click on to GURU GYAN :
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
Q-1)Who is the Union Railway Minister of India ?
a.    Narendra Modi
b.   Suresh Prabhu
c.    Smriti Irani

d.   Mallikanjan Khafre.

Popular Posts