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Expenditure on Salaries, Allowances ETC. of Employees of Railways and Surplus Generated by Indian Railways

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Delhi
Expenditure on Salaries, Allowances ETC. of Employees of Railways and Surplus Generated by Indian Railways

As on 01.04.2015, the total number of regular employees in all Groups is 1326584 (provisional) on Indian Railways. The total expenditure incurred on salaries and allowances on Railways in the year 2014-15 is ' 67209.54 crore. The total expenditure incurred on pension to the employees of Railways in the year 2014-15 is ' 28642.08 crore.

Appropriation to Railway funds for development of Railways is done from Railway surplus, which is the sum left from total receipts of the Railways after meeting total revenue expenditure including appropriation to Pension Fund and Depreciation Reserve Fund and payment of Dividend to General Revenues. The surplus generated by Indian Railways during 2014-15 is ' 7664.94 crore, which has been appropriated to Development Fund (' 1374.94 crore), Capital Fund (' 6233.36 crore) and Debt Service Fund (' 56.64 crore).

This information was given by the Minister of State for Railways Shri Manoj Sinha in a written reply to a question in Rajya Sabha on 26.02.2016 (Friday).

 

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First Published: Mar 01 2016 | 12:21 AM IST

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