Rail budget - Wikipedia Rail budget Rail Budget of India was the Annual Financial Statement of the state - owned Indian Railways, which handles rail transport in India. It was presented every year by the Minister of Railways, representing the Ministry of Railways, in the Parliament. The Railway Budget was presented every year, a few days before the Union budget, till 2016. Modi government on 21 September 2016 approved merger of the Rail and General budgets from next year, ending a 92 - year - old practice of a separate budget for the nation 's largest transporter. Railways Minister Suresh Prabhu said that his merger proposal was in the long term interest of railways as well as the country 's economy. Contents 1 History 2 See also 3 References 4 Further reading 5 External links History Following the recommendation of the Acworth Committee in 1920 - 21, headed by British railway economist William Acworth The `` Acworth Report '' led to reorganisation of railways, the railway finances were separated from the general government finances in 1921. After that in 1924 the budget was announced, a practice that continued till 2016. John Mathai presented the first Railway Budget for independent India in November 1947. The first live telecast took place on 24 March 1994. Lalu Prasad Yadav, who remained Railways Minister from 2004 to May 2009, presented the railway budget 6 times in a row. In 2009, under his tenure a ₹ 108 billion ( US $1.6 billion ) budget was passed. In the year 2000, Mamata Banerjee ( later Chief Minister of West Bengal ) became the first female Railway Minister. In 2002, she became the first female to present the Railway budget and is the only woman to do so for two different governing coalitions ( NDA and UPA ). In 2014 budget, Railway Minister D.V. Sadananda Gowda announced the first bullet train and 9 High - Speed Rail routes. The last Railway Budget was presented on 25 February 2016 by Mr. Suresh Prabhu. Also, according to Mid-day, a mumbai centric local tabloid newspaper, railway minister Piyush Goyal is planning to introduce 210 air - conditioned suburban local trains and convert the existing fleet into closed - door, cool trains at the cost of R16, 3809 crore in the Rail Budget of 2018 which is to be presented on 1st February 2018. See also Union budget of India References Jump up ^ `` Railway budget to be merged with General budget from 2017 ''. 14 August 2016 -- via www.thehindu.com. Jump up ^ `` No. 32188 ''. The London Gazette ( Supplement ). 11 January 1921. p. 278. Jump up ^ Powell Anstey, Vera ( 1952 ). The Economic Development of India. Ayer Publishing. pp. 136 -- 137. Jump up ^ Headrick, Daniel R ( 1988 ). The tentacles of progress : technology transfer in the age of imperialism, 1850 - 1940. Oxford University Press. p. 80. ISBN 9780195051162. Jump up ^ Debroy, Bibek ( 6 March 2012 ). `` Railway Budget 2012 : Best time to raise fares is now ''. The Economic Times. Retrieved 19 March 2012. Jump up ^ `` Lalu announces some more trains ''. The Hindu. 20 February 2009. Retrieved 14 September 2013. Jump up ^ `` Gowda 's announces first bullet train between Mumbai - Ahmedabad ''. Patrika Group. 8 July 2014. Retrieved 8 July 2014. Jump up ^ `` After 92 years, Rail Budget is history ''. Business Standard. Retrieved 24 March 2017. Jump up ^ `` Mumbai s rail infrastructure development top on February 1 budget agenda ''. mid-day. 2018 - 01 - 30. Retrieved 2018 - 01 - 30. Further reading Railway Budget Speech 2010 Press Information Bureau, Govt. of India. Railway Budget, 2012 - 13 Press Information Bureau Railway Budget, 2013 - 14 Press Information Bureau External links Official website of the Ministry of Railways `` Railway Budget Archive ( 1997 - present ) ''. Press Information Bureau. Budgets of India Union 2008 2009 2011 2012 2013 2014 2015 2016 2017 2018 Railway 2014 2015 2016 Indian Railways Authority Ministry of Railways Railway Board Related organisations BWE BSC Braithwaite & Co. CCI DFCCI HSRI IRFC IRCTC Ircon International KRC MRVC RVNL RailTel RITES CORE COFMOW RDSO CRIS RRCB RLDA Zones Central Railway East Central Railway East Coast Railway Eastern Railway North Central Railway North Eastern Railway North Western Railway Northeast Frontier Railway Northern Railway South Central Railway South East Central Railway South Eastern Railway South Western Railway Southern Railway West Central Railway Western Railway Konkan Railway Rolling stock Locomotives of India MEMU Wagon numbering system in India Manufacturing units Chittaranjan Locomotive Works, Chittaranjan Diesel Locomotive Factory, Marhowra Diesel Locomotive Works, Varanasi Diesel - Loco Modernisation Works, Patiala Electric Locomotive Factory, Madhepura Integral Coach Factory, Chennai Modern Coach Factory, Raebareli Rail Coach Factory, Kapurthala Rail Wheel Factory, Bengaluru Rail Wheel Plant, Bela Railway depots Diesel Abu Road Agra Bandra Marshalling Yard Bhagat ki Kothi Ernakulam Erode Golden Rock Gooty Guntakal Kalyan Mhow Pune Samastipur Ratlam Vatwa Phulera Kurla Itarsi Tughlakabad Raipur Tondiarpet Kazipet Maula Ali Krishnarajapuram Vishakhapatnam Shakurbasti Ludhiana Lucknow Mughalsarai Jhansi Gwalior Izzatnagar Malda Town Siliguri Howrah Andal Burdwan Jamalpur Patratu Samastipur Kharagpur Bondamunda Bokaro Steel City Neral Hubli Electric Ajni Bhusawal Kalyan Angul Visakhapatnam Mughal Sarai Asansol Howrah Jhansi Gonda Ghaziabad Khanalampura Ludhiana Vijayawada Kazipet Lalaguda Bhilai Bokaro Steel City Bondamunda Santragachi Tatanagar Arakkonam Erode Royapuram Itarsi New Katni Tuglakabad Valsad Vadodara Gomoh MEMU Kollam Vadodara Bhilai Rajahmundry Asansol Palakkad EMU Mumbai Central Kandivali Virar Rajahmundry Sanpada Kalwa Tambaram Avadi Maula Ali Ghaziabad Gholsapur Barasat Bandel Howrah Sealdah Sonarpur Tikiapara Panskura Kharagpur Kurla Shakurbasti Main lines and suburban lines Chennai Suburban Railway Chennai MRTS Delhi Suburban Railway Howrah -- Allahabad -- Mumbai line Howrah -- Chennai main line Howrah -- Delhi main line Howrah -- Gaya -- Delhi line Howrah -- Nagpur -- Mumbai line Hyderabad MMTS Kolkata Suburban Railway Mumbai -- Chennai line Mumbai Suburban Railway New Delhi -- Chennai main line New Delhi -- Mumbai main line Pune Suburban Railway Passenger trains Slow Trains Fast Passenger MEMU Slow Passenger Suburban trains Express Speed Express / Mail trains Intercity Express Jan Sadharan Express ( Unreserved ) Kavi Guru Express Superfast Express Speed Antyodaya Express ( Unreserved ) AC Express ( Premium AC sleeper ) Double Decker Express ( For prime routes ) Garib Rath Express ( Low fare AC sleeper ) Intercity Express Jan Shatabdi Express Mahamana Express ( Luxury ) Premium Express ( Suvidha Express ) Rajya Rani Express ( Connecting state capital to important cities in state ) Sampark Kranti Express Superfast Express / Mail Trains Swatantra Sainani Vivek Express Yuva Express ( Youth service ) Semi-High Speed Duronto ( Overnight Connecting important cities ) Gatimaan Express ( First semi-high speed train ) Humsafar Express Rajdhani Express ( Connecting Delhi to state capitals ) Shatabdi Express ( Day time connecting important cities ) Tejas Express Uday Express Train Sets Train 18 ( replace Shatabdi ) Train 20 ( replace Rajdhani ) Luxury trains Fairy Queen Deccan Odyssey Maharajas ' Express Palace on Wheels Royal Orient Train Royal Rajasthan on Wheels Golden Chariot Mahaparinirvan Express Special trains Lifeline Express Red Ribbon Express Sanskriti Express Science Express Training institutes Indian Railway Institute of Civil Engineering Indian Railway Institute of Electrical Engineering Indian Railways Institute of Mechanical and Electrical Engineering Indian Railway Institute of Signal Engineering and Telecommunications Indian Railway Institute of Transportation Management Railway Protection Force Academy Railway Staff College Trade unions All India Station Masters ' Association ( AISMA ) All India Railwaymen 's Federation ( AIRF ) All India Railway Employees ' Confederation ( AIREC ) Related articles Railway Budget Railway Schools Last vehicle board RailRadar Indian Railways Fan Club Templates Portal WikiProject Retrieved from `` https://en.wikipedia.org/w/index.php?title=Rail_Budget&oldid=843800705 '' Categories : Ministry of Railways ( India ) Railway Budgets of India Hidden categories : CS1 : Julian -- Gregorian uncertainty Pages containing London Gazette template with parameter supp set to y Use dmy dates from September 2016 Use Indian English from June 2016 All Wikipedia articles written in Indian English Talk Contents About Wikipedia हिन्दी മലയാളം தமிழ் Edit links This page was last edited on 31 May 2018, at 15 : 18 ( UTC ). 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Question: when was the first railway budget in india introduced
Answer: November 1947