The Indian Railways has received a significant push in Union Finance Minister Nirmala Sitharaman’s Interim Budget for 2024-25, as the government plans to set up three major economic railway corridors to reduce congestion and logistics costs in India.
She also proposed that around 40,000 trains running as part of the Indian Railways will be upgraded to Vande Bharat trains.
“Three corridors, including a corridor for energy, mineral, and cement, another to enhance port connectivity corridor, and a third to decongest the high traffic density corridors will be set up,” the finance minister said in her Interim Budget speech.
