Primary Units ( Revenue) - Classification of Revenue Expenditure, Finance Code Volume Two

 

Excess Grants

 

Excess Grant - Regularisation of Excess Expenditure

• Authority: Article 115 of the Constitution of India

• Excess grants are made when the expenditure has been incurred after a Financial Year has expired. 

• Actual expenditure incurred (out of Consolidated Fund) in excess of Grant voted by the Parliament will be regularised by: 

• Reasons to be fully explained by the spending authorities. 

• On the recommendation of PAC as a result of scrutiny of Appropriation Accounts of Railways and Audit Report of CA&G.  

• Presented after obtaining the recommendation of the President of India. 

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Railway Budget 2023-24 Analysis & OR Operating Ratio Table

 FY 2023-24 Railway Budget - Analysis 

SN	Receipts	Amount  (Rs. in Crores)	Percentage		SN	Expenditure	Amount  (Rs. in Crores)	Percentage
1	Coaching Revenue	77000	29 %		1	Ordinary Working Expenses	188886.85	72 %
2	Goods Revenue	179500	68 %		2	Appropriation to Pension Fund	70516	27 %
3	Sundry Revenue	8000	3 %		3	Appropriation to DRF	1000	1 %
4	Gross Revenue (1+2+3)	264500	100 %		4	Total Working Expenses (1+2+3)	260402.85	100 %
5	Suspense	100			5	Suspense	-312.85
6	Gross Traffic Receipts (4+5)	264600			6	Gross Expenditure (4+5)	260090
7	Misc Receipts	400			7	Misc. Expenditure	2700
8	Total Receipts (6+7)	265000			8	Total Expenditure	262790

Operating Ratio:

Operating Ratio = Total Working Expenses / Gross Revenue x 100

Operating Ratio = 260402.85 / 264500 x 100 = 98.45

Operating Ratio =     98.45 %

Net Revenue:

Net Revenue = Gross Revenue minus Gross Working Expenses

Net Revenue =  264500 minus 260402.85 = 4097.15

Net Revenue = 4097.15

Net Receipts/ Surplus =  Total Revenue Receipts minus Total Revenue Expenditure 

Net Receipts / Surplus = 265000 minus 262790 =2210

Appropriation of Net Receipts / Surplus - Rs. 2210 Crores

Fund	Amount  (Rs. in Crores)
Development Fund	1210
RRSK	1000
Net Receipts Total	2210

Nil appropriations to Capital Fund, RSF - Railway Safety Fund, Debt Service Fund 

OR Table - Ready reckoner for calculation of Operating Ratio

SN	Particulars	formulae	Amount		SN	Particulars	formulae	Amount
1.	Coaching Revenue (less refunds)				1.	OWE - Ordinary Working Expenses
2.	Goods Revenue (less refunds)				2.	Appropriation to DRF
3	Sundry Other Revenue (less refunds)				3	Appropriation to Pension Fund
4	Gross Revenue  (GR)	(1+2+3)			4	Gross Working Expenses (GWE)	(1+2+3)		O.R = GWE/GR x 100 =  Net Revenue = GR - GWE
5	Suspense (Traffic & DR)				5	Suspense (DP & MAR)
6	Gross Receipts	(4+5))			6	Gross Expenditure	(4+5))
7	Miscellaneous Receipts				7	Miscellaneous Expenditure
8	Total Revenue Receipts	(6+7))			8	Total Revenue Expenditure	(6+7)		Net Receipts/Surplus  = TRR – TRE

 

Serial Number 1 to 4 - Commercial Accounts

Serial Number 5 is Link Head 

Serial Number 6 to 8 - Government Accounts

OR Table - Ready reckoner for calculation of Operating Ratio

SN	Particulars	formulae	Amount		SN	Particulars	formulae	Amount
1.	Coaching Revenue (less refunds)		30		1.	OWE - Ordinary Working Expenses		65
2.	Goods Revenue (less refunds)		60		2.	Appropriation to DRF		15
3	Sundry Other Revenue (less refunds)		10		3	Appropriation to Pension Fund		10
4	Gross Revenue  (GR)	(1+2+3)	100		4	Gross Working Expenses (GWE)	(1+2+3)	90	O.R = GWE/GE x 100 = 90/100 x 100 =90% Net Revenue  = GR - GWE   Net Revenue 100 - 90 = 10
5	Suspense (Traffic & DR)		5		5	Suspense (DP)		+5
6	Gross Receipts	(4+5))	95		6	Gross Expenditure	(4+5))	95
7	Miscellaneous Receipts		25		7	Miscellaneous Expenditure		15
8	Total Revenue Receipts	(6+7))	120		8	Total Revenue Expenditure	(6+7)	110	Net Receipts/Surplus  = TRR – TRE = 10

 Serial Number 1 to 4 - Commercial Accounts

Serial Number 5 is Link Head 

Serial Number 6 to 8 - Government Accounts

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