Indian Railways Allocates 76% of Budget for the Current Fiscal

09 Jan 2025 CW Team

Indian Railways announced that it had utilised 76 per cent of its allocated budget during the first nine months and four days of the current fiscal year. The most recent expenditure report, dated January 5, 2025, indicated that a significant portion of the budget is being directed towards capacity enhancement to improve train travel experiences across India.

Indian Railways stated that it is pursuing a vision of transformative governance to create a modern, well-connected India. The organisation has been at the forefront of efforts to build an inclusive nation by investing in infrastructure, technology, and sustainable practices.

The release also mentioned that, due to the complexity of India, it is challenging for any organization to manage current demands while simultaneously making heavy investments for the future. However, with a capital expenditure of Rs 11.98 billion in the first four days of this calendar year, Indian Railways' overall capital expenditure had reached 76 per cent with nearly three months remaining in the fiscal year.

The budget details revealed that the total capital expenditure for railways in the 2024-25 budget estimate is Rs 2.65 trillion, with a Gross Budgetary Support of Rs 2.52 trillion, out of which Rs 1.92 trillion had already been spent.

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