Professional Documents
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Funds
Pension Fund Depreciation Reserve Fund Development Fund Capital Fund
Pension Fund
Created with effect from 1st April, 1964
Includes 630 lakh transferred from the Railway Reserve Fund after its closure
Development Fund
With effect from the 1st April, 1950, incorporating the existing Railway Betterment Fund which was started with effect from the 1st April, 1946 Development Fund 1 ---- DF1 Development Fund 2 ---- DF2 Development Fund 3 ---- DF3 Development Fund 4 ---- DF4
Contd..
Apportioned from
Railways Excess Loan from General Revenue Interest on balance
DF I
Expenditure on Specified items of passenger amenity works, i.e., provision of goods platforms and covers over goods platforms, foot-over bridges/sub-ways across Railway Yards, train indicator boards on important stations of suburban and non-suburban sections, rest shelters for licensed porters and such other passenger amenity works as may be included within the scope of the fund from time-to-time.
DF II
Labour welfare works, including quarters for Class IV staff, costing individually above the new minor works Limit of Rs. 100000 In terms of the recommendation of the Railway Convention Committee 1973, the cost of staff quarters is now charged to Capital sanctioned on or after 01.04.1976
DF III
Expenditure on remunerative operating improvement works costing more than Rs. 3 lakhs each
DF IV
Expenditure on specified items of safety works i.e., Track Circuiting or Axle Counters, Automatic warnings System, Vigilance Control Devices, Lifting Barriers at level crossings, Interlocking of level crossing gates with signals and such other safety works as may be added from time-to-time
Capital Fund
Appropriation to Fund
Railways revenue/ excess Loan from General Revenues ( 2000 01 249 Crores) Interest on balance
Debits
Withdrawal from fund
Includes amounts as TWFA from Development Fund. Excludes TWFA to other funds.