Future-ready Railways
February 01, 2021
Weathering Covid, the national transporter has a ₹ 2.08 lakh cr plan
To make Indian Railways future ready, the government proposes to provide ₹1.10 lakh crore next fiscal, of which ₹1.07 lakh crore will be spent as capital expenditure. It is budgetary support portion from the plan size of ₹2,15,058 crore, which also includes borrowing and internal revenue generation.
The national transporter’s total revenues are expected to bounce back to ₹2.08 lakh crore in fiscal 2021-22, according to the Union Budget. Of this, 29 per cent (₹61,000 crore) will be by moving passengers and ₹1,28,000 crore by moving goods like coal, steel automobile, cement, foodgrain.