Railway infrastructure: On solid track with 3 corridors, highest allocation of Rs 2.5L crore
NEW DELHI: In anticipation of the 2024 Lok Sabha elections, the Modi government is placing a significant emphasis on the development of railway infrastructure, with a substantial increase in budget allocations. The government has earmarked a staggering Rs 2.51 lakh crore for the Indian Railway (IR) in the fiscal year 2024-25, signaling a robust commitment to modernising the railway system.
Notably, this allocation includes funding for three major economic railway corridor programs and the conversion of 40,000 standard rail bogies to meet Vande Bharat standards.
