The new IRAS Logo assimilates the past, present and future to demonstrate the future ready IRAS which upholds the principles of “Propriety, Proficiency and Productivity”.
The logo has been carefully designed to demonstrate the nature of the service and contemporary times.
Adorned with the National Emblem, the logo symbolizes service to the Government of India. The Railway bogie resting on the track symbolizes that IRAS is dedicated to serving the Indian Railways, the three wheels represents evolution and motion, and upholding the motto of “Propriety, Proficiency and Productivity”. The book and the computer monitor symbolizes that IRAS is the fusion of both old and new methods of analysis, its ability to continuously evolve and embrace innovations, bridging the traditional methods of accounting and book-keeping with latest technology such as data analysis, AI etc. to propel IR to an upward growth trajectory.
Finally the 25 pairs of leaves on the logo represents the 17 Zonal Railways and 8 Production units which comprise India Railways. They also symbolizes wisdom, prosperity, motion and continuity.
The logo is a demonstration of the “FUTURE READY IRAS”.
Conceptualised and designed by Shri. Puneet Meena, Shri. Ajay Bartwal and Shri. Rajat Agarwal
Tuesday, March 19, 2024
RARE COMPENDIUM OF RAILWAY BUDGET SPEECHES
Publication released by Budget Directorate
The Budget Directorate of the Railway Board has compiled a book containing the Railway Budget Speeches from 1924-25 to 1946-47. The material for this has been compiled from various sources including the National Archives, the Teen Murti library, the Parliament House library etc. The publication will shortly be circulated to all the zonal units and will also be available for sale.
The foreword of the Financial Commissioner in the book is as under:
FOREWORD
Railway finances were separated from the General Revenues in 1924 primarily to secure stability for civil estimates by providing for an assured contribution from Railway revenues and also to introduce flexibility in the administration of Railway finances. Under article 112 of the Constitution of India, a statement of estimated receipts and expenditure of the Government has to be laid before the Parliament in respect of every financial year which runs from 1st April to 31st March. This statement is popularly known as Budget. As Railway finances have been separated from the general finances, a separate budget is presented by IR while, financial arrangements between Railways and General Revenues are reviewed by successive Railway Convention Committees of the Parliament.
The recommendation of the Acworth Committee (1920-21) which were a precursor to this separation symbolized a tectonic shift in the history of Indian Railways. Simultaneously, while engineering a separation of Indian Railways from the general finances, it brought about a change in the organizational structure and the dawn of a relationship between the General Exchequer and the Indian Railways which continues till today.
To understand the growth of Indian Railways and its finances, the speeches of the successive Railway Members of the Viceroy’s Council and Railway Ministers of the Indian Union during presentation Railway Budget in Parliament occupy prime place, being a significant policy document. This compendium has brought together these speeches in their true perspective. The compilation also includes speeches & notifications of the Legislative Assembly of 1924, regarding “Separation of Railway Finances from General Budget†which will be of immense interest and use to railway administrators, enthusiasts, historians, economists, scholars and Institutions having interest in the subject.
The Budget Directorate of the Railway Board has compiled a book containing the Railway Budget Speeches from 1924-25 to 1946-47. The material for this has been compiled from various sources including the National Archives, the Teen Murti library, the Parliament House library etc. The publication will shortly be circulated to all the zonal units and will also be available for sale.
The foreword of the Financial Commissioner in the book is as under:
FOREWORD
Railway finances were separated from the General Revenues in 1924 primarily to secure stability for civil estimates by providing for an assured contribution from Railway revenues and also to introduce flexibility in the administration of Railway finances. Under article 112 of the Constitution of India, a statement of estimated receipts and expenditure of the Government has to be laid before the Parliament in respect of every financial year which runs from 1st April to 31st March. This statement is popularly known as Budget. As Railway finances have been separated from the general finances, a separate budget is presented by IR while, financial arrangements between Railways and General Revenues are reviewed by successive Railway Convention Committees of the Parliament.
The recommendation of the Acworth Committee (1920-21) which were a precursor to this separation symbolized a tectonic shift in the history of Indian Railways. Simultaneously, while engineering a separation of Indian Railways from the general finances, it brought about a change in the organizational structure and the dawn of a relationship between the General Exchequer and the Indian Railways which continues till today.
To understand the growth of Indian Railways and its finances, the speeches of the successive Railway Members of the Viceroy’s Council and Railway Ministers of the Indian Union during presentation Railway Budget in Parliament occupy prime place, being a significant policy document. This compendium has brought together these speeches in their true perspective. The compilation also includes speeches & notifications of the Legislative Assembly of 1924, regarding “Separation of Railway Finances from General Budget†which will be of immense interest and use to railway administrators, enthusiasts, historians, economists, scholars and Institutions having interest in the subject.
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