Indian Railways has achieved a significant milestone in the fiscal year 2024-25 (FY25) by surpassing ₹2 lakh crore in capital expenditure (capex), accounting for 76% of its budgetary allocation.
Total Budgetary Allocation: The Union Budget for FY25 allocated ₹2.65 lakh crore to Indian Railways, with a Gross Budgetary Support (GBS) of ₹2.52 lakh crore.
Expenditure Achieved: By December 2024, Indian Railways expended approximately ₹1.91 lakh crore from the GBS, ₹824 crore from external resources, and ₹8,733 crore from extra-budgetary resources, totaling over ₹2 lakh crore.
The substantial capex underscores Indian Railways’ commitment to enhancing infrastructure, including capacity augmentation, modernization of facilities, and safety improvements.
This achievement reflects a consistent increase in capital investments by Indian Railways in recent years, aiming to bolster efficiency and service quality. The current expenditure trajectory indicates a strong likelihood of meeting or exceeding the annual budgetary targets by the end of FY25.
Key Points | Details |
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Why in News | Indian Railways achieved 76% of its ₹2.65 lakh crore budget allocation for FY25 by December 2024, with over ₹2 lakh crore spent on infrastructure, capacity expansion, and safety. |
Budget Allocation (FY25) | ₹2.65 lakh crore (Gross Budgetary Support: ₹2.52 lakh crore). |
Capex Utilization (FY25) | Over ₹2 lakh crore spent (₹1.91 lakh crore from GBS, ₹824 crore from external resources, ₹8,733 crore from extra-budgetary resources). |
Focus Areas | Infrastructure upgrades, capacity expansion, and safety improvements. |
Static Points: Indian Railways | Headquarters: New Delhi. Chairman & CEO: Satish Kumar. Founded: April 16, 1853. |
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