Putting development of Indian Railways on the fast track, Finance Minister Nirmala Sitharaman on Thursday lined up a capital expenditure (capex) of Rs 2.65 trillion for the railways, marginally up by 2 per cent compared to the revised estimates (RE) of the last Budget.
In her interim Budget for 2024-25, the higher capex comes from a record share from the government budget support or general revenues pegged at Rs 2.52 trillion. This is against Rs 2.4 trillion in the RE of the last Budget, up by 5 per cent.
Capex was up from Rs 2.6 trillion mentioned in the RE of the previous financial year.
