Railway Budget 2024-25: Record Allocation and Key Highlights
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:
India has paid USD 35.18 million to the United Nations (UN) Regular Budget for 2026,…
India is set to significantly strengthen oversight of cryptocurrency transactions by beginning the exchange of…
The 2026 Winter Olympics are one of the biggest global sports events. Officially called the…
Did you know our oceans hide giant living structures that can even be seen from…
World Interfaith Harmony Week (WIHW) 2026 is being observed from 1 to 7 February 2026…
Renowned travel writer and Hugh Gantzer, a Padma Shri awardee, passed away on 2 February…