Govt outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget

“This is the highest capital outlay for railways and is 9x over Fy2014,” Sitharaman said while announcing the Budget for FY24. Railways was expected to be one of the top priority sectors in terms of allocation to launch new trains and upgrade of existing railway infrastructure. The railways ministry had sought more allocation to fund launch of new Vande Bharat trains, laying of new railway tracks and enhancement of security.

Govt outlines highest ever Rs 2.40 lakh crore boost for Indian Railways in Budget
“This is the highest capital outlay for railways and is 9x over Fy2014,” Sitharaman said while announcing the Budget for FY24. Railways was expected to be one of the top priority sectors in terms of allocation to launch new trains and upgrade of existing railway infrastructure. The railways ministry had sought more allocation to fund launch of new Vande Bharat trains, laying of new railway tracks and enhancement of security.