Indian Railways Allocates 76% of Budget for the Current Fiscal
RAILWAYS & METRO RAIL

Indian Railways Allocates 76% of Budget for the Current Fiscal

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.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

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.

Next Story
Infrastructure Transport

Anji Khad Bridge, India's First Cable-Stayed Rail Bridge Ready in J&K

Indian Railways has completed the Anji Khad Bridge, India’s first cable-stayed rail bridge, located in the Reasi district of Jammu and Kashmir. A critical component of the ambitious Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project, this engineering marvel connects Katra and Reasi, promising enhanced regional connectivity and economic growth.Spanning 725.5 metres, the bridge features a 193-metre-tall main pylon, soaring 331 metres above the riverbed. Its design allows it to withstand wind speeds of up to 213 km/h and safely support train operations at speeds of 100 km/h.Constructed in th..

Next Story
Infrastructure Urban

Exporters Raise Logistics Costs Concerns with Piyush Goyal

Exporters and freight agencies have voiced concerns over high terminal handling charges at ports and the underutilisation of dry ports, adding to India’s overall logistics costs. During a meeting with Commerce and Industry Minister Piyush Goyal, they highlighted that the fees charged by shipping terminals for container storage and positioning before loading exceed port charges by Rs 10,000-15,000 per consignment. The discussion focused on logistics and shipping challenges, with the government actively working to reduce costs across the supply chain, according to an official. India is targe..

Next Story
Infrastructure Transport

Government to Revamp UDAN Scheme with Focus on Airport Readiness

The Indian government is set to revamp its regional air connectivity scheme, UDAN (Ude Desh ka Aam Nagrik), by prioritising airport readiness before inviting airlines to bid for operating routes. Financial support for the development of unserved airports and airstrips across the country is expected to be a key focus in the upcoming budget, along with stricter assessments of route feasibility, according to sources. Launched in 2017 to boost air travel in the world’s fastest-growing aviation market, the UDAN scheme caps airfares and provides subsidies to airlines for operating on less frequen..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000