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Railways Budget 2021: Faster trains, higher funding and support for green railways — here's what's on the experts' checklist

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Railways Budget 2021: Faster trains, higher funding and support for green railways here’s what’s on the experts’ checklist
Railways Budget 2021: Faster trains, higher funding and support for green railways here’s what’s on the experts’ checklist
Navdeep YadavJan 28, 2021, 09:51 IST
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According to the ICICI Direct report, the allocation towards the railway budget is expected to be around ₹1.79 lakh crore
The Piyush Goyal-led Ministry of Railways will be eyeing support for a new set of Tejas trains, more routes for Kisan Rail, better infra and much more from their wishlist.
The reports also indicate that the
Budget 2021 may also talk about Indian Railways’ plans to introduce new bullet train networks in the coming years. ....

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An Intricate Link That Connects Budgets And Politics

An intricate link that connects Budgets and politics
The process of budgeting in India is intertwined with politics and electioneering. Budgets in India have historically included announcements for target states as well as specific voter groups
PM Narendra Modi with FM Nirmala Sitharaman (Image: PTI)
On February 1, Finance Minister Nirmala Sitharaman will be presenting the third Budget of Modi 2.O and the first since COVID-19 struck. Her biggest challenge will be to find a balance between growth and fiscal discipline. This financial year, India is likely to record its fifth recession since Independence.
This is also a year when elections to four states and one union territory are slated in the second quarter. The Bharatiya Janata Party (BJP) is the incumbent in one state (Assam) and principal challenger in another (West Bengal). ....

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