2819
New Delhi, February 1
Finance Minister Nirmala Sitharaman announced on Monday a record sum of Rs 1.1 lakh crore for the Railways, out of which Rs 1.07 lakh crore is for capital expenditure, and said the national transporter would monetise the dedicated freight corridors after its commissioning.
Presenting the Union Budget 2021-22, Sitharaman also applauded the services provided by the Railways to transport essential goods across the country during the coronavirus lockdown.
“I am announcing a record sum of Rs 1,10,055 crore for railways of which Rs 1,07,100 crore is for capital expenditure only,” she said.
“Indian Railways have prepared a National Rail Plan for India 2030. The plan is to create a future ready railway system by 2030 bringing down the logistic cost for industry at the core of the strategy to enable Make In India,” Sitharaman said.