The stock of Jupiter Wagons went up 1.46 per cent, Indian Railway Catering and Tourism Corporation (IRCTC) (0.88 per cent) and Titagarh Rail Systems (0.71 per cent).
The Budget also demonstrates the governments focus on fiscal consolidation, with a reduction in the fiscal deficit to 5.8% for FY24 vs. a budgeted 5.9%, a further reduction to 5.1% for FY25 and aims to reach a target of below 4.5% by FY26. This is a significant move given that the nominal growth for the current year stands at 9% versus the Budget estimate of 10%.
The prestigious Vande Bharat Express Trains have become pride of the country because of the comfort and efficacy these fast moving rakes have promised and it is the responsibility of one and all in the country to help the authorities to further improve the facility rather than hindering the efforts of government to modernize railways
The key takeaway is the Ayodhya approach. It involves adopting a fresh ethos for building infrastructure, achieving a speed of execution unprecedented in the country, which should be the guiding principle to transform India into a developed nation by 2047