The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22.
To achieve this target with the creation of other infrastructure in the sector, the government has increased the CAPEX (Capital expenditures) by fivefold in the last seven years.
Union Finance Minister Nirmala Sitharaman on Monday tabled Economic Survey 2021-22 in the Lok Sabha. The survey claims that IR is targeting 100 per cent electrification of its network by December 2023, up-gradation of Delhi-Mumbai and Delhi-Kolkata corridors to 160 kmph and also the elimination of level crossings on the Golden Quadrilateral and Golden Diagonal routes.