Best of BS Opinion: Changing tracks, decluttering defence budget, and more

Here is the best of Business Standard's opinion pieces for today

The finance ministry has set aside a major portion of its capital expenditure for FY24 for the Indian Railways, correctly seeking to correct the problem of under-investment that plagues the transport sector. But the real issue going forward is working on a plan to ensure that such capex is eventually financially sustainable, the top edit argues. Read it here
 

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Ajai Shukla explains why the defence budget, which has fallen to below 2% of GDP for the first time, is inadequate for a country that is seeking to snatch back territory from China.  Read it