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SCR Group D to Group C examination question papers
Question papers of 2003 year, 2004 year, 2008 year, 2011 year and 2013 year
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.
&&&&
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.
****
2020-21 Railway Budget financials
2020-21 Railway Revenue Budget - Financials
click for Statement of Railway receipts and Expenditure Budget 2020-21
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
|
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