The document said ordinary working expenses have been proposed at Rs 1,10,649 crore in 2014-15, which is Rs 13,589 crore higher than the revised estimate for the current year.
“This will take care of additional requirements on account of fresh recruitment, increase in dearness allowance rates, increase in fuel bill, higher lease charges payable to IRFC and general inflationary increases,” it said.
Pension outgo, it said, has been budgeted at Rs 27,000 crore as against the revised 2013-14 estimate of Rs 24,000 crore. Total working expenses are budgeted at Rs 1,44,199 crore compared with Rs 1,27,260 crore in revised estimate for 2013-14.
“This will leave a net revenue before dividend of Rs 19,655 crore, and operating ratio of 89.8 per cent. Dividend payable to General Revenues is estimated at Rs 9,117 crore,” the document added.
It is estimated that at the end of 2014-15, the balance under the Railway Funds will be Rs 12,728 crore as against Rs 8,018 crore in the revised estimate for 2013-14.
Considering the trend of earnings and expenditure in 2013-14, Kharge said the revised plan outlay stands at Rs 59,359 crore. The operating ratio of the Railways is likely to be 90.8 percent as against a budgeted target of 87.8 percent.
