Railway Accounts Department Examinations

Showing posts with label Books & Budget. Show all posts
Showing posts with label Books & Budget. Show all posts

Monday, March 13, 2023

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. 



—-end—-


Sunday, February 5, 2023

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


                                                             —--end—--