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Total planned capital expenditure for Railways of over Rs 2 lakh crore is highest ever ANI | Updated: Feb 01, 2021 21:27 IST
New Delhi [India], February 1 (ANI): Indian Railways now has the highest ever total planned capital expenditure of Rs. 2,15,058 crore this year with Rs 7,500 crore from internal resources, Rs 1,00,258 crore from extra-budgetary resources and Rs 1,07,100 crore for capital expenditure in the General Budget.
In a press release, the Ministry of Railways on Monday stated, Indian Railways received a record outlay of Rs 1,10,055 crore, of which Rs 1,07,100 crore is for capital expenditure in the Union Budget 2021-22 presented in the Parliament today.
The Gross Budgetary allocation is Rs. 37,050 crores (53 per cent) higher than the previous budget of 2020-21. In spite of the COVID-19 pandemic, this is a remarkable vindication of the progress being made being undertaken infrastructure projects in Indian Railways.