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 Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..