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heads of the Demand for Grants and minor heads of accounting classification on the one hand and the detailed activity classification of the Demands for…

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Summary

heads of the Demand for Grants and minor heads of accounting classification on the one hand and the detailed activity classification of the Demands for Grants with the Sub heads of Accounting Classification on the other as between current year's budget and, revised estimates and budget estimates for the following year.

Text of the circular

CHAPTER-III 
 
RAILWAY BUDGET 
 
Section I-General 
 
Para No.  
Particulars 
301 
Budget - A Constitutional and Management Document 
302   
Voted and Charged Expenditure 
303 
Charged Expenditure 
304 
Budget, and an instrument  of  Parliamentary financial control and expenditure control 
305 – 307.  
Demands for Grants 
308 
 
Glossary of terms used 
 
Section II -Preparation of  Budgets by Railway Administrations 
 
 
309 – 312.  
Responsibility for framing the Estimates 
313. 
GROSS RECEIPTS 
314  
Coaching Earnings 
315 
Goods Earnings 
316   
Sundry Other Earnings 
317  
Receipts of Worked Lines 
318   
Refunds of Revenue 
319 - 322 
Explanation of variations in receipts 
323 
Review of Traffic outlook 
324 - 325  
Ordinary Working Expenses 
326 - 328 
Explanation of Variations 
329 –  330  
Estimate of Cost of Establishments 
331  
Suspense Heads 
332 
Repairs and Maintenance Expenditure of Rolling Stock 
333  
Cost of fuel 
334 .  
Miscellaneous Expenditure 
335  
List of Credits of Recoveries 
336 
Summary of Ordinary Working Expenses 
337   
Summary of Revenue Receipts and Expenditure 
338 –  343  
Appropriations to and Expenditure to be met out of Railway Funds 
344  - 345  
Payments to General Revenues 
346 –   347   
Works Machinery and Rolling Stock Budget 
348 
Inventories 
349 –  353 . 
 
 
Civil Demands 
 
Section III 
 
COMPILATION AND SCRUTINY OF BUDGET IN THE RAILWAY BOARD 
354 - 356 
 
COMPILATION AND SCRUTINY OF BUDGET IN THE RAILWAY BOARD 
357  -  358 
 
Submission to the Minister 
359   
 
Presentation to the Parliament 
360 
Appropriation Bill 
 
Section IV-Administering the Budget 
 
361 - 364 
Distribution of funds by the Railway Board 
365  - 368 
 
Distribution of funds by General Managers to Lower Authorities 
369 - 370 
 
Responsibility of the Railway Board to avoid Excess over Grants or Expenditure on a New 
Service

371 - 372  
 
Responsibility of Railway Administrations in case of excesses or lapses 
373  - 374 
 
Powers of Railway Administrations in regard to emergent and inevitable expenditure 
375 
Re appropriations 
376 
 
Powers of the Railway Board 
377 - 381 
 
Powers of Railway Administrations 
382   
 
Unforeseen Expenditure operation of the Contingency Fund of India 
383  - 384   
 
Review of Expenditure 
385 - 389 
 
Final Modification Statement 
390 - 391 
Supplementary and Excess Grants 
 
Annexure 
 
Annexure-I 
Heads of Demands & Authorities Responsible for Control over Expenditure 
Annexure-II  
List of Budget forms and Connected statements 
Annexure-III 
Statement of Income-tax, Interest on Advances by Central Government and Interest on Debt 
and other obligations. 
Annexure- IV  
Statement of Debt transactions-I-Small Savings, Provident Fund, etc.  J-Reserve Funds, K-
Deposit and Advances 
Annexure-V  
Statement of Debt Transactions-K-Deposits and Advances L-Suspense and Miscellaneous-
under Public Account and F-Loans and Advances under Consolidated Fund. 
 
Annexure-VI    Statement of Remittance Transactions 
 
  
 
 
 
 
 
*****

CHAPTER III 
 
RAILWAY BUDGET 
 
Section I-GENERAL 
 
301. Budget - A Constitutional and Management Document -Article 112(1) of the Constitution of India prescribes 
that 'the President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the 
estimated receipts and expenditure of the Government of India for that year’ referred to as the "annual financial statement" and 
popularly called the "Annual Budget".  Though the constitutional requirement is only that the 'financial statement' shall contain a 
statement of the estimated receipts and expenditure for the coming financial year, as a matter of practice, every budget contains 
three elements- 
 
(a) 
a review of the preceding year, including the actual receipts and expenditure in that  year ; 
 
 
(b) 
an estimate of the receipts and expenditure of the coming year; and  
 
 
(c) 
proposals, if any, for meeting the requirements of the comin

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