+
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.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?