The Indian Railways is prepared to witness its highest capex of Rs 2.45 tn for 2022-23, which is 14 per cent more than the revised estimate of Rs 2.15 tn for the current financial year in the Union Budget 2022-23. The Union Government is targeting a 96.98 per cent operating ratio in the upcoming year. They are targeting a constant 4.5 million tonne (mt) per day, which will eventually move up to 5 mt per day. The net income of the Railways crashed to Rs 8.75 bn in the revised estimate of FY22, lower than the budgeted Rs 65.61 bn. For FY23, Railways has budgeted a net income of Rs 53.6 bn.
Contact: Indian Railways
Website: www.indianrail.gov.in
