Union Budget 2024: The Indian Railways proposes a groundbreaking ₹1 lakh crore plan to procure 7,000-8,000 new train sets over 15 years. Aimed at relieving passenger demand, the initiative targets track optimization. As the budget approaches, securing funds for this ambitious plan remains pivotal for modernising India s rail network and enhancing travel experiences.
The government recently brought in one supplementary demand for grant of Rs 58,380 crore to cover higher spending on fertiliser subsidy and Mahatma Gandhi National Rural Employment Guarantee Programme.