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Rail investments surge, shaping future
06 Feb 2024
1 Min Read
CW Team
In a groundbreaking move, rail capital expenditure in the 2024 budget has escalated by 5%, reaching a staggering ?2.52 billion. This substantial increase is earmarked specifically for electrification and the dedicated freight corridor, marking a pivotal moment in the transformation of the country's railway infrastructure. The surge in funding underscores the government's commitment to sustainable and efficient transportation, aligning with global trends towards electrified rail networks.
In a groundbreaking move, rail capital expenditure in the 2024 budget has escalated by 5%, reaching a staggering ?2.52 billion. This substantial increase is earmarked specifically for electrification and the dedicated freight corridor, marking a pivotal moment in the transformation of the country's railway infrastructure. The surge in funding underscores the government's commitment to sustainable and efficient transportation, aligning with global trends towards electrified rail networks.
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