+
Road and Rail Ministry exceed Rs 2 Tn capex
ROADS & HIGHWAYS

Road and Rail Ministry exceed Rs 2 Tn capex

In the initial four months of this fiscal year (until July), the road and railway ministries have collectively utilised over Rs 2 trillion in capital expenditure, marking their highest-ever spending. This utilisation accounts for nearly half of the allocated Rs 10 lakh trillion capex, with the government aiming to achieve 80% expenditure by December, well ahead of the upcoming general elections.

Railway sources revealed that more than 40% of the capex had been employed by the national transporter by July, including over Rs 1 lakh trillion for ongoing infrastructure and safety projects. The railway sector received a historic allocation of Rs 2.6 lakh trillion in the 2023-24 budget, primarily for various infrastructure developments and safety enhancements.

Meanwhile, the road ministry reported capital expenditure of around Rs 1.2 lakh trillion in the road sector, out of the total allocation of Rs 2.59 lakh trillion for the entire fiscal year. This year's capex utilisation represents a significant increase of 31.3% compared to the corresponding period in the previous year.

In the initial four months of this fiscal year (until July), the road and railway ministries have collectively utilised over Rs 2 trillion in capital expenditure, marking their highest-ever spending. This utilisation accounts for nearly half of the allocated Rs 10 lakh trillion capex, with the government aiming to achieve 80% expenditure by December, well ahead of the upcoming general elections.Railway sources revealed that more than 40% of the capex had been employed by the national transporter by July, including over Rs 1 lakh trillion for ongoing infrastructure and safety projects. The railway sector received a historic allocation of Rs 2.6 lakh trillion in the 2023-24 budget, primarily for various infrastructure developments and safety enhancements.Meanwhile, the road ministry reported capital expenditure of around Rs 1.2 lakh trillion in the road sector, out of the total allocation of Rs 2.59 lakh trillion for the entire fiscal year. This year's capex utilisation represents a significant increase of 31.3% compared to the corresponding period in the previous year.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code