Capex of Indian Railways to reach Rs 2.45 trillion in FY 2022-23

09 Feb 2022 CW Team

The Indian Railways is prepared to witness its highest capital expenditure (capex) of Rs 2.45 trillion for 2022-23, which is 14% more than the revised estimate of Rs 2.15 trillion for the current financial year in the Union Budget 2022-23.

According to the media, in FY23, Railways aims to spend Rs 96.98 for every Rs 100 it makes.

Ashwini Vaishnaw, railway minister, informed that they are targeting a 96.98% operating ratio in the upcoming year. He said that now, they are targeting a constant 4.5 million tonnes (mt) per day and later 5 mt per day.

The Indian Railway's operating ratio has declined to 98.93% in the revised estimate for FY22. It is lower than the 96.15% operating ratio it had budgeted. Net income of the Railways crashed to Rs 875 crore in the revised estimate of FY22, lower than the budgeted Rs 6,561 crore. For FY23, Railways has budgeted a net income of Rs 5,360 crore.

The railway minister told the media that usually, they complete loading of nearly 1,200 mt a year. This year, they are getting close to 1,400 mt, which is a record.

He informed that since the physical performance has enhanced, there is no requirement to reimburse because of Covid-19 or any other reasons.

The capex for FY23 comprises Rs 1.37 trillion from general revenues, Rs 1.08 trillion from internal and extra-budgetary resources (IEBR) and Rs 200 crore from the Nirbhaya fund.

The total receipts of the railways, including revenues from passengers, goods, sundry, another coaching, and other heads were held at Rs 2.4 trillion in the BE for FY23 compared to a revised estimate of Rs 2.02 trillion for the ongoing fiscal.

Image Source

Also read: Indian Railways to set up EV charging infra at railway stations

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..