Gross Budgetary Support

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  Railways Seeks Gross Budgetary Support Of Rs 50,000 Crore

  Gross Budgetary Support (GBS) of Rs 40,000 crore was announced in the 2015-16 Rail Budget. However, the Finance Ministry for the current year had slashed it to Rs 28,000 crore, citing slow spending pace.

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  Railways To Maintain Distinct Identity: Suresh Prabhu

  There will be no separate Rail Budget as the government on Wednesday decided to end the 92-year-old practice by merging it with the General Budget.

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  Railways to Slash Operational Cost, Curb Working Expenses: Report

  Reeling under the impact of gross budgetary support cut and falling revenue collection, Railways is firming up plans to to slash operational cost and working expenses considerably to meet its financial requirement.

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  A Quantum Jump in Gross Budgetary Support for Railways in FY16

  Gross Budgetary Support (GBS) for the Railways has been pegged at Rs 40,000 crore, an increase of Rs 10,000 crore over the last fiscal year.

• Budget 2014: Government to Hike Plan Outlay by 11,000 Crore Says Report

  The plan expenditure, or GBS (gross budgetary support), is the government spending on social sector schemes such as Bharat Nirman, rural employment guarantee and National Rural Health Mission.

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  Railways Await Prime Minister's nod for Fare Hike

  Seeking a significant rise in gross budgetary support, Gowda, along with Minister of State for Railways Manoj Sinha and senior railway officials, met Jaitley as part of the pre-budget discussion Asked when he would meet the PM, Gowda said "shortly".

• Budget 2014: Government Unlikely to Substantially Hike Plan Outlay

  The new government is unlikely to substantially enhance the Plan expenditure for 2014-15 in the Budget to be unveiled next month because it needs to keep fiscal deficit in check.

• 5 key disappointments from the Rail Budget

  Analysts say it will be impossible to meet the 12th five year plan and the drastic cut in operating ratio given the marginal hike in passenger fare hike.

• Montek satisfied with increase in Plan outlay for 2012-13

  "We are very satisfied with the total volume of gross budgetary support (GBS) or Plan expenditure. I think, what we have got is very good start for the 12th Plan," Ahluwalia said.

• Market cues: Asian markets weak, India budget and more

  Asian markets traded flat to negative on Wednesday tracking a similar trend in US markets overnight.