Railways Achieves 61% Budget Spend by October
RAILWAYS & METRO RAIL

Railways Achieves 61% Budget Spend by October

The Indian Railways has utilized 61% of its budgeted capital expenditure by October, amounting to ?1.63 lakh crore, underscoring its commitment to accelerated infrastructure development. The capital outlay is part of a larger effort to modernize railway networks, improve safety measures, and enhance the passenger experience across India’s extensive railway system. This significant allocation focuses on laying new tracks, installing advanced signaling systems, and upgrading existing infrastructure to support increased rail traffic and efficient cargo movement.

The expenditure covers several critical initiatives, including the expansion of electrified rail routes, which aligns with India's broader sustainability goals. The railway ministry has also prioritized high-speed rail corridors and the deployment of semi-high-speed trains to reduce travel time and increase connectivity between major cities. Additionally, funds have been allocated for the Kavach safety system, designed to prevent accidents and bolster passenger safety by providing collision-avoidance technology.

Investments in freight corridors continue to streamline goods movement, reducing congestion on passenger lines and boosting the sector’s overall efficiency. With an increased focus on infrastructure upgrades, Indian Railways aims to attract more private investments, inviting collaboration with the private sector to expand station amenities and modernize operations. The enhanced infrastructure is expected to support economic growth, create job opportunities, and promote seamless transit across states.

Through the proactive use of capital funds, Indian Railways is set to meet its ambitious goals for modernization, safety enhancement, and sustainable growth by the end of the fiscal year. The expenditure progress also reflects the government’s commitment to achieving a robust, resilient railway network that can cater to India’s increasing transportation demands.

The Indian Railways has utilized 61% of its budgeted capital expenditure by October, amounting to ?1.63 lakh crore, underscoring its commitment to accelerated infrastructure development. The capital outlay is part of a larger effort to modernize railway networks, improve safety measures, and enhance the passenger experience across India’s extensive railway system. This significant allocation focuses on laying new tracks, installing advanced signaling systems, and upgrading existing infrastructure to support increased rail traffic and efficient cargo movement. The expenditure covers several critical initiatives, including the expansion of electrified rail routes, which aligns with India's broader sustainability goals. The railway ministry has also prioritized high-speed rail corridors and the deployment of semi-high-speed trains to reduce travel time and increase connectivity between major cities. Additionally, funds have been allocated for the Kavach safety system, designed to prevent accidents and bolster passenger safety by providing collision-avoidance technology. Investments in freight corridors continue to streamline goods movement, reducing congestion on passenger lines and boosting the sector’s overall efficiency. With an increased focus on infrastructure upgrades, Indian Railways aims to attract more private investments, inviting collaboration with the private sector to expand station amenities and modernize operations. The enhanced infrastructure is expected to support economic growth, create job opportunities, and promote seamless transit across states. Through the proactive use of capital funds, Indian Railways is set to meet its ambitious goals for modernization, safety enhancement, and sustainable growth by the end of the fiscal year. The expenditure progress also reflects the government’s commitment to achieving a robust, resilient railway network that can cater to India’s increasing transportation demands.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?