Railway Accounts Department Examinations

Sunday, February 2, 2020

WMS - Workshop Manufacturing Suspense Budget

Click for PDF copy of the WMS Budget

WMS Specimen Budget for the year 2020-21 of XYZ Railway

SN	Debits	Inner column	Amount (Rs.)	SN	Credits	Inner column	Amount (Rs.)
A	Opening Balance as on 01.04.2020
	i) Works in Progress	15
	ii) Amount outstanding for realisation - scrap	5
	iii) Bills to be raised for completed works	10
	Total (i + ii + iii)	30	30

B	Debits during the year (2020-21)			E	Credits during the Year (2020 -21)
	i) Wages to Labour	120			i) To Works	35
	ii) Material -Stores suspense (Depots)	100			ii) To Stores Suspense	115
	iii) Materials - Direct purchases	75			iii) To Revenue Demands of Home Railway (Labour & Materials)	130
	iv) Materials - Adjustments	15			iv) To Revenue Demands of Foreign Railways (Labour & Materials	25
	v) Contracts	10			v) To RSP - Rolling Stock Programme	20
	vi) Energy charges (Electricity)	5			vi) To Deposit Works for outsiders	5
	Total ( i to vi )	325	325		Total ( i to vi)	330	330

C	Deduct for Issues from WMS to Services/Works - within the Demand (2020-21)			F	Deduct for Issues within the Demand		(-) 50
	i) Issues to Works	35
	ii) Issues to Stores Suspense	15
	Total ( i + ii )	50	(-) 50

D	Total Debits during the Year (2020-21) B - C	325 - 50	275	G	Total Credits during the Year (2020-21) E -F	330 - 50	280

				H	Closing Balance as on 31.03.2021
					i) Works in Progress	15
					ii) Amount outstanding for realisation	5
					Iii ) Bills to be raised for completed works	5
					Total ( i + ii + iii)	25	25

E	Grand Total ( Opening Balance + Total Debits during the Year)	30 + 275	305	I	Grand Total (Total Credits during the year + Closing Balance)	280 + 25	305

· Budget Allotment required under WMS (Plan Head 7200 ) for XYZ Railway of the

Year 2020-21 is Rs. 275 /- (Total Debits during the year under Sl.No. D).

The Principle is Gross Budgeting. Credits should be shown as footnotes under the

Demands for Grants.

Indian Railways - Budget 2020-21 Highlights

Indian Railways - Budget 2020-21 Highlights

· Financials

Segment	Target (Rs. in Crores)	Percentage
Coaching Earnings	61000	27
Goods Earnings	147000	65
Sundry Earnings	17613	8
Gross Earnings	225613	100

· Capex - Capital Expenditure - Rs. 1,61,000 Crores

· Budgetary support - Rs. 70,000 Crores (44% of Total outlay)

· Freight target - 1265 Million Tonnes

· Operating Ratio - 96.2 % (2019-20 Revised - 97.5%)

· Salary payout - Rs. 93,000 Crores (Approx) - 43 % of Total Working Expenses

· Eliminated unmanned Level Crossings

· Setting up of large solar power capacity alongside the Rail tracks

· Redevelopment of 4 Railway Stations . They are 1. Chandigarh 2. Surat (Gujarat) 3. Anand Vihar (New Delhi) 4. Bijwasan (New Delhi)

· Already in progress - Habibganj (Bhopal)- WCR - 93 % completed and Gandhi Nagar (Gujarat) - WR - 91 % completed

· 150 Passenger trains - Private players.

· HSR - High Speed Rail Project between Mumbai to Ahmedabad - to be complete by 2023

· Bengaluru Suburban Transport Project -148 Kms - Rs. 18,600 Crores (20 % equity by Central Govt. and Up to 60 % by External assistance) - Fares on Metro model (So don't expect subsidized fares like in other suburbans i.e., Mumbai, Hyderabad etc. )

· More Tejas type trains

· Kisan Rail through PPP - for carrying of perishable products like milk, meat,fish etc through Refrigerated coaches attached to Passenger and Goods Trains.

· Electrification as on 01.04.2019 - Indian Railways Network - in Route Kilo Meters (RKMs)

Total	Broad Gauge	Electrified
69182 RKMs	64298 RKMs (93 % of Total Track)	35488 RKMs ( 55 % of BG Track )

· Achieve electrification of 27000 kms of track

India - Budget 2020-21

(Rs. in Crores)

Segment	Receipts	Expenditure
Revenue	2020926	2630145
Capital	1021304	412085
Total	3042230	3042230

Railway Accounts Department Examinations