The Indian Railways has been allocated a record capital expenditure (Capex) of Rs 2,62,200 crore for the fiscal year 2024-25, maintaining the same level as announced in the Interim Budget 2024. This allocation is part of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, with Gross Budgetary Support of Rs 2,52,200 crore for Railways, up from Rs 2,40,200 crore in 2023-24 and significantly higher than Rs 28,174 crore in 2013-14.
Union Minister Ashwini Vaishnaw emphasized the economy’s resilience and strong footing, combining welfare, fiscal prudence, capital investment, and manufacturing. He highlighted that the budget continues the economic policies focused on inclusive growth by Prime Minister Narendra Modi’s government over the last decade.
The Railways adopted a new approach for infrastructure development under the PM Gati Shakti Mission, identifying:
In the annals of Indian history, the emergence of women as rulers was a groundbreaking…
Jupiter, the largest planet in our solar system, has 95 known moons, but the four…
The GST Council has constituted a 13-member Group of Ministers (GoM) to review and suggest…
On 14th September 2024, during Hindi Diwas Celebrations at Bharat Mandapam, New Delhi, the Secretary…
Union Minister for MSME, Shri Jitan Ram Manjhi, inaugurated the Centre for Rural Enterprise Acceleration…
The Governor-General of India was the highest-ranking official in British India, representing the British monarch…