Comparison of Railway Budget Grants

 Comparison of Railway Budget Grants

Aspect	Railways Internal Circulation	Parliamentary Oversight (C&AG Scrutiny)
Types of Grants	1. Budget Grant (BG) 2. Spending Limit (SL) 3. Revised Grant (RG) 4. Final Grant (FG)	1. Original Grant (O) 2. Supplementary Grant (S) 3. Excess Grant
Purpose	Internal monitoring and control of Railway expenditure	Parliamentary sanction and post-facto legislative accountability
Authority Concerned	Ministry of Railways, Zonal Railways	Parliament of India
Budgeting Stage	Throughout the financial year	During and after Budget session of Parliament
Documentation	Internal budget circulars, Demand Forecasts, Expenditure Registers	Appropriation Bill, Budget Documents presented to Parliament
Audit/Reconciliation Role	Reviewed internally by Railways	C&AG scrutinizes via Appropriation Accounts
Approval Needed From	Railway Board	Parliament of India

Explanation of Each Term

Railways Internal Circulation

BG - Budget Grant: Initial estimate of funds allocated at the start of the financial year.

SL - Spending Limit: The maximum limit up to which the spending can be made under a grant.

RG - Revised Grant: Modified estimate based on mid-year trends and actual expenditure.

FG - Final Grant: Consolidated and actualized allocation after adjustment of estimates and savings.

Parliamentary Classification

O - Original Grant: Sanctioned during the Annual Budget approved by Parliament.

S - Supplementary Grant: Additional funds sought during the year for unanticipated needs.

Excess Grant: Sought after the financial year ends if expenditure exceeds total sanctioned grant.

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