Indian Railways sets record with highest-ever Capex utilization in 9 months of this fiscal year
In a remarkable achievement, Indian Railways has reported its highest-ever capital expenditure (Capex) utilization, reaching an impressive 75 per cent during the initial nine months of the current fiscal year from April 1, 2023, to December 31, 2023.
As per the official data provided by the Ministry, the Railways has demonstrated its commitment to infrastructural development and passenger safety by investing a substantial sum of Rs. 1,95,929.97 Crores, which accounts for approximately 75 per cent of the total Capex budget of Rs. 2.62 lakh crores allocated for this financial year.
