Ministry of Railways Allocated ₹ 2.4 Lakh Crore for Capital Expenditure in 2023-24

Out of the Gross Budgetary Support, a sum of ₹ 31,850 crore has been allocated to the Plan head "New Lines" for the financial year 2023-24.

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Budget 2023-24
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NEW DELHI (Metro Rail News): The Ministry of Railways has been allocated a Gross Budget Support (GBS) of ₹ 2,40,000 crore for Capital Expenditure during the financial year 2023-24. The GBS comprises ₹ 1,85,000 crore under Capital, ₹ 45,000 crore under Railway Safety Fund, and ₹ 10,000 crore as a contribution towards Rashtriya Rail Sanraksha Kosh.

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Out of the Gross Budgetary Support, a sum of ₹ 31,850 crore has been allocated to the Plan head “New Lines” for the financial year 2023-24. The Zone-wise fund allocation for new line projects is provided in the table below. The highest amount of ₹ 11,617.30 crore has been allocated to the Northern Railways for new line projects.

Table: Gross Budgetary Support 2023-24 for New Line Projects

RailwaysGross Budgetary Support 2023-24 for New Line Projects (in crores)
Central1234.95
Eastern432.95
Northern11617.30
North Eastern792.00
Northeast Frontier6591.00
Southern1158.15
South Central819.50
South Eastern14.90
Western1011.70
East Central1518.02
East Coast1984.00
North Central2.13
North Western861.65
South East Central389.00
South Western1408.35
West Central2014.40
Total31850.00

 

The Ministry has also made a provision of ₹ 13,150 crore out of the Gross Budgetary Support for the Plan head “Customer Amenities” for the financial year 2023-24. As part of this, the development of 35 hydrogen fuel cell-based trains for various heritage/hill routes at a cost of ₹ 2800 crore has been included in the budget. The budget also includes the setting up of Hydrogen Infrastructure for heritage routes at a cost of ₹ 600 crores.

The Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw, provided this information in a written reply to a question in Lok Sabha.

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