Railways Budget: Can Budget 2024 build the safety net for happy rail rides?

Interim Budget for Railways: India’s Budget for this fiscal year had allocated Rs 2.4 lakh crore to the Indian Railways. This was the highest ever allocation to the national transporter and continued on the trend followed last year with a gross budgetary support of Rs 1.37 lakh crore in fiscal 2022-23.

“This allocation is over nine times the amount earmarked in financial year 2013-14,” Finance Minister Nirmala Sitharaman had said in her Budget speech.