Infrastructure
Budget 2024: Railways Allocated Rs 255,393 Crore, A Hike Of Over Rs 12,000 Crore From 2023-24
A Siemens locomotive for the Indian Railways. (Pradeep Kumar)
The Union Budget has allocated allocated Rs 255,393 crore for the Indian Railways for the year 2024-25, as against Rs 243,271.84 crore in 2023-24.
The outlay includes Rs 200 crore from Nirbhaya Fund, Rs 3,000 crore from internal resources and Rs 10,000 crore from extra burrowing.
As per the Demands for Grants for 2024-25, the fund allocation in the rail sector has witnessed an increase of Rs 12,122 crore from the previous year.
According to the Railways, in 2022-23, the national transporter received Rs 162,410 crore, which increased to 2,43,271.84 in 2023-24. The net revenue expenditure of the Railways is placed at Rs 278,500 crore in Budget Estimate 2024-25, as against Rs 258,600 crore in 2023-24.
Reimbursement of losses on operation of strategic lines has been kept at Rs 2,648 crore in Budget Estimate 2024-25, as against Rs 2,491.84 crore in the Revised Estimate 2023-24.
An amount of Rs 745 crore has been provided in 2024-25 towards debt servicing market borrowings for national projects.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
