NEW DELHI (Metro Rail News): Nirmala Sitharaman, the Finance Minister, has announced the highest ever capital outlay of Rs 2.40 lakh crore for Railways, which is almost nine times the amount allocated during the financial year 2013-14.
The primary focus of this year’s railway budget will be on completing current projects and developing infrastructure to have high-speed trains operational shortly.
In the Union Budget 2022, Finance Minister Nirmala Sitharam emphasized the Gati Shakti National Master Plan, which is expected to remain a priority for the Government.
Funds allocated this year are expected to go towards building new tracks, increasing the number of semi-high-speed Vande Bharat trains, introducing hydrogen-powered trains, and the Ahmedabad-Mumbai bullet train project.
