Railway Accounts Department Examinations

Sunday, February 9, 2020

NIF - National Investments Fund


NIF - National Investments Fund

·         One of the sources of finance for Indian Railways Capex - Capital Expenditure

·         Established in 2005

·         Maintained by : DIPAM - Dept of Investments & Public Asset Management

·          Credits: Proceeds from disinvestment of CPSEs - Central Public Sector Enterprises.  Initially the proceeds are kept under Public Account of India.

·          Corpus(Amount) of NIF - Permanent nature.  That means  the money with the NIF is permanent in nature and is professionally managed to provide returns (income) to the Government without depleting its value (corpus) 

·         Managed by : Professional Managers such as SBI Funds Managment pvt ltd, UTI Asset Management Company ltd, LIC Mutual Fund Asset Management Company ltd.

·         NIF income- utilised for the following purposes.

1.       Subscribing - shares being issued by the CPSE on Rights basis or Preferential allotment of shares as per SEBI regulations  ( to ensure 51% ownership by the Govt)
2.       For capital infusion in Public Sector Banks & Public Sector Insurance companies to meet BASEL III norms.
3.       Investments in Regional Rural Banks/NABARD- National Bank for Agriculture & Rural Development/EXIM Bank - Export - Import Bank/IIFCL - India Infrastructure Finance Company Limited.
4.       Equity infusion in Metro Projects
5.       Investment in Bhartiya Nabhikiya Vidyut Nigam Limited (BNVNL) & Uranium Corporation of India Limited.
6.       Investment in Indian Railways towards Capital Expenditure.
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CRIF - Central Road & Infrastructure Fund


CRIF - Central Road & Infrastructure Fund

·         One of the Sources of Finance under Capital Expenditure (Capex) of Indian Railways

·         Rs. 18,500 Crores - allocated to Capex of Indian Railways in 2020-21 Budget (Rs. 15,250 Crores in 2019-20) - Usually spend on LC Gates and ROB/RUBs under Plan Heads 2900 & 3000 through RSF - Railway Safety Fund.  CRIF is the main source for RSF.

·         Established in 2000   (The Central Road and Infrastructure Act, 2000) F

·         Old name is CRF - Central Road Fund

·         Managed by Dept of Economic Affairs (DEA) under Ministry of Finance. (Previously it is under Ministry of Road Transport & Highways)

·         Source of Fund -  Levy & collect by way of Cess, a duty of excise and duty of customs on Petrol and Diesel  (in 2018-19 - Rs. 1,13,000 Crores collected).  It is approximately Rs. 10 per liter of Diesel / Petrol.

·         Object: To finance infrastructure projects such as Railways, Inland Waterways, Roads & Bridges, Ports, Shipyards, Urban Public Transport, Energy, Water & Sanitation, Communication & Social infrastructure (educational institutions)
   
·         Ministerial panel on CRIF - 4 Ministers (of Finance, Railways, Road transport & Highways, HRD) - for allocation of funds under CRIF

·         The 15-member sub-committee has Secretaries from different Ministries - Examine and evaluate proposals received from Ministries on infrastructure projects.
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2020-21 Railway Budget financials


 2020-21 Railway Revenue Budget - Financials

click for Statement of Railway receipts and Expenditure Budget 2020-21


SN
Receipts
Amount
(Rs. in Crores)
Percentage

SN
Expenditure
Amount
(Rs. in Crores)
Percentage
1
Coaching Earnings
67500
30 %

1
Ordinary Working Expenses
163157.17
75 %
2
Goods Earnings
147000
65 %

2
Appropriation to DRF
800
1 %
3
Sundry Earnings
11013
5 %

3
Appropriation to Pension Fund
53160
24 %
4
Gross Earnings (1+2+3)
225513
100 %

4
Gross Working Expenses (1+2+3)
217,117.17
100 %
5
Suspense
100


5
Suspense
- 404.17

6
Gross Receipts (4+5)
225613


6
Gross Expenditure (4+5)
216713

7
Misc Receipts
300


7
Misc. Expenditure
2700

8
Total Receipts (6+7)
225913


8
Total Expenditure
219413


Net Revenue = Total Receipts - Total Expenditure
Net Revenue = 225913 - 219413
Net Revenue = 6500

Rs. 6500 Crores Net Revenue is appropriated to

1.       Development Fund - Rs. 1500 Crores
2.       RRSK - Rashtriya Rail Sanraksha Kosh - Rs. 5000 Crores


Nil appropriations to Capital Fund and RSF - Railway Safety Fund 


Operating Ratio = Gross Working Expenses / Gross Earnings x 100
Operating Ratio = 217117.17 / 225513 x 100
Operating Ratio = 96.28 %

Highest & Lowest Operating Ratio of Zonal Railways

Zonal Railway
OR
Rank
Metro Railway, Kolkata
250.3
HIghest
Eastern Railway, Kolkata
171.1
Second Highest
East Coast Railway, Bhubaneswar
50.9
Lowest
South East Central Railway, Bilaspur
52.3
Second Lowest


Single Demand Number for Ministry of Railways - 83




Single Demand Number for Ministry of Railways is 83  (as per Budget documents 2020-21)



Note:
The reason why the Government changes the number of Demand pertaining to Railways is not clear. Initially i.e., when Railway Budget was merged with General Budget in 2017-18, Single Demand No. 80 was allotted for Railways.  Subsequently, 80 was changed to 81,  again changed to 82.  Finally as per latest budget documents of 2020-21 year, it is again changed to 83. 

May be due to intervening of some new ministries/ depts and alphabetical order are the reasons for such change. 


Union Government of India - Demands for Grants

Total number of Demands for Grants for all Ministries - Government of India  - 101


·         54 Ministries  -101 Demands for Grants

·         Demand Numbers assigned to the Ministries as per alphabetical order.  For example, Agriculture ministry Demand Numbers are 1 & 2.  Atomic Energy Demand number is 3.   Last Demand Number 101 is assigned to Youth affairs & sports.


·         Summary of Demands for Grants of Union of India

Ministry
Number of Demands
Finance
12
Home Affairs
11
Defence
 4
Railways
 1
Other Ministries (50)
73
Total
101



Wednesday, February 5, 2020

CRIS – Centre for Railway Information Systems



CRIS – Centre for Railway Information Systems

*      IT Arm of Indian Railways
*      Initially established as Central Organisation for computerization of freight operations in 1982.
*      CRIS was set up as Society in 1986 (an autonomous organisation)
*      Hqrs: New Delhi
*      Headed by MD – Managing Director
*      Regional Offices: New Delhi, Kolkata, Mumbai, Chennai and Secunderabad.
*      Staff – 800
*      Planning to setting up a State of the art Data Centre to house the Indian Railways IT System.
*      Successful projects so far
1.    PRS – Passenger Reservation System
2.    UTS –Unreserved Ticketing System
3.    FOIS – Freight Operations Information System
4.    COA – Control Office Application
5.    CMS – Crew Management System
*      Foray into International projects by entering into an MOU with a sister organisation of another national Railway.
*      Chairman: Shri Piyush Goyal, Minister of Railways.
*      Members: 12 (includes CRB, FC, Member Traffic, Member, Traction, MD/CRIS)
Projects at a Glance

Ticketing & Passenger Services
1.    PRS – Passenger Reservation System
2.    NGet – Next Generation e-Ticketing
3.    UTS – Unreserved Ticketing System
4.    NTES – National Train Enquiry System
5.    Rates Branch System
6.    Indian Railways Web Portal
7.    Web enabled Claims and Refunds
8.    PMS – Parcel Management System
9.    Handheld Terminal Project for TTEs
10. PRS Data warehouse
11. CMS – Coaching Maintenance Management
12. NGeT Journey Planner

Freight and Operations
1.    FOIS – Freight Operations Information System
2.    ICMS – Integrated Coaching Management System
3.    COA – Control Office Application
4.    CMS – Crew Management System
5.    RTIS – Realtime Train Information System
6.    Satsang
7.    Freight Maintenance Management
8.    Railnet Peering Project

Resource Management
1.    IREPS – Indian Railway E-Procurement System
2.    AIMS – Accounting Information Management System
3.    RPF Security Management System


Asset management
1.    TMS – Track Management System
2.    WISE – Workshop Information System
3.    EEMS – Electrical Energy Management System
4.    TDMS – Traction Distribution Management System
5.    Automatic Wagon Identification using RFID
6.    Geographical Information System
7.    SMMS – Signalling Maintenance Management System
8.    SLAM – Software for Locomotive Asset Management
Infrastructure
1.    Locoshed Management System
2.    Network Management System for UTN & FOIS
3.    ICF ERP Project

Miscellaneous
1.    Enhanced Coaching Refund System
2.    SMS Gateway for IR
3.    IRPSM – Indian Railways Projects Sanction & Management
4.    ROIS – Railway Officers Information System
5.    Reference and File Management System
6.    RORACS – Rail-Road Crossing GAD Approval System
7.    Employee Self Service
8.    Comprehensive Payroll Processing System
9.    PSAMS – Private Siding Approval & Monitoring System

*      Approximately 50 projects on hand at CRIS.  It is high time to ponder about the Single Program covering all the above activities for seamless flowing of all data across all the Departments and all the staff at one go by calling Global Tenders or the Project can be taken up by CRIS itself.
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