UP to receive biggest share of fund for railway modernisation

07 Feb 2023 CW Team

Out of the Rs 2,400 billion that was allotted to the Railways in the Union Budget for 2023–24, Uttar Pradesh received the lion's share, or Rs 175.7 billion. This time, the Centre has announced a budget for the Railways of Rs 2.4 lakh crore. For new programmes, this will cost Rs 750 billion.

The budget allocated this time was the greatest in history, according to Indian Railways. In 2013–14, Railways contributed Rs 281.74 billion of the total. Following this, Rs 1591 billion was received in 2022–23, and as of right now, Rs 2,400 billion has been received for this fiscal year (2023–24).

This is roughly a nine-fold rise from 2013–14 and a 51% increase from 2022–23, according to Railways. On the other side, the maximum budget obtained by the National Capital Region, or Delhi, has increased 26 times on a state-level. This means that although Delhi had a budget of Rs 960 million in 2013–14, Rs 24.77 billion has been allotted this year. The budget for the railways is 21 times higher in Punjab. Following this, Gujarat and Uttar Pradesh both received budget increases of 14 and 16 times, respectively.

According to Ashwini Vaishnaw, Union Minister for Railways, Uttar Pradesh will receive Rs 175.07 billion in the Rail Budget 2023–24, Madhya Pradesh Rs 136.07 billion, Rajasthan Rs 953.2 billion, Uttarakhand Rs 54 billion, Punjab Rs 476.2 billion, Delhi Rs 247.7 billion, Haryana Rs 224.7 billion, Himachal Pradesh Rs 183.8 billion, Rajasthan Rs 95.32 billion, Bihar Rs 850.5 billion.

The Railways will focus exclusively on infrastructure construction and the earliest possible restart of high-speed trains during the election year. The majority of this funding will go into green trains, such as hydrogen trains, green energy, tourism, high-speed trains, and significant corridors.

Also read:
Put airport corridor in the fast lane too; Bengaluru experts
Sarai Kale Khan RRTS to connect to various existing transport systems

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..