Railway Budget 2022-23 Live Updates: Indian Railways, the national transporter, is looking for mega allocations, new bullet and high-speed trains and other schemes as Union Finance Minister Nirmala Sitharaman is set to present the Union Budget in Parliament today. Helmed as the turnaround budget by many, this year, the focus will be on long-term goals and setting the agenda for next 8-10 years. Five years since the Rail Budget was merged in the Union Budget in 2017, the roadmap for the national transporter is still closely linked to the general masses as it is also part of the national infra health ecosystem.