Gross budgetary allocation for Railways to go up by 29% in Budget: Report

The total capital expenditure (capex) of the railway ministry is expected to jump 20 per cent to Rs 3 trillion in FY24

To support infrastructure investments, the Centre is likely to increase gross budgetary allocation for Indian Railways by 29 per cent from Rs 1.4 trillion to Rs 1.8 trillion, a report by Mint said. 

 

The railway ministry's total capital expenditure (capex) is expected to jump 20 per cent to Rs 3 trillion in