Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward
5 months ago

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward

India TV News  

As India aims to become the third-largest economy with a projected GDP of $5 trillion in the next three years, the Railway Budget 2024-25 is expected to play a pivotal role in infrastructure development. Key expectations include significant budgetary allocations, high-speed rail projects, safety upgrades, environmental sustainability, digital transformation, and modernisation of railway stations and coaches. Key budget expectations for Railways Increased budgetary allocation: A significant increase in funding is anticipated to expand and modernise the railway network, making it more efficient, safe, and reliable. By focusing on expansion, modernisation, sustainability, and technological integration, the Railway Budget 2024-25 has the potential to transform Indian Railways into a world-class network, contributing significantly to India's economic development and global competitiveness.

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History of this topic

India Govt to Spend ₹30K Crore on Rail Revamp
5 days, 11 hours ago

India Govt to Spend ₹30K Crore on Rail Revamp

Deccan Chronicle  

Chennai: The government is expected to spend more than Rs 30,000 crore on railway station redevelopment over the next two years. Of these, the estimated cost of redevelopment of major stations under the Rail Land Development Authority phase I is likely to be around Rs 17,000 crore. A total of 1318 stations are being considered for redevelopment under the Amrit …

Yearender 2024: List of 5 top achievements of Indian Railways this year
6 days, 21 hours ago

Yearender 2024: List of 5 top achievements of Indian Railways this year

India TV News  

The railways in April celebrated 171 years of existence as the first train ran on this day in 1853 between Mumbai and Thane. In another ‘historic milestone’ as described by Railway Minister Ashwini Vaishnaw, the final track work on the Udhampur-Srinagar-Baramulla Rail link project was completed. In February, the first electric train trial run from Banihal to Khari to Sangaldan …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

TRANSFORMATION OF INDIAN RAILWAYS: RUSSIAN TMH'S RESPONSE TO MODERN CHALLENGES
4 months, 3 weeks ago

TRANSFORMATION OF INDIAN RAILWAYS: RUSSIAN TMH'S RESPONSE TO MODERN CHALLENGES

Hindustan Times  

India's railway network, one of the most extensive and the fourth largest in the world, continues to evolve. Transformation of Indian railways, Russian TMH'S response to modern challenges. In March 2023, the company beat the world's leading players to win a $6.5bn international tender for the design, production and 35-year maintenance of 120 Vande Bharat long-distance electric trains in three …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
4 months, 4 weeks ago

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development

Deccan Chronicle  

Bhubaneswar: The Bharatiya Janata Party-led Odisha government on Thursday presented Rs.2.65 lakh crore budget for the financial year 2024-25 with more special focus on agriculture, infrastructure, welfare and Odia Asmita. Presenting the budget, Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, proposed the administrative expenditure at Rs 97, 725 crore and the programme expenditure of Rs 1,55,000 …

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore
4 months, 4 weeks ago

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore

The Hindu  

Telangana got a record budget allocation of ₹5,336 crore for railway projects in 2024-25, as against the total railways allocation of ₹2.62 lakh crore of which ₹1.09 lakh crore has been allocated for safety-related activities, said Railways Minister Ashwini Vaishnaw on Wednesday. The budget allocations to Telangana have been witnessing sustained increase with the current year’s allocation being almost six …

Union budget trims funding for Bengaluru Suburban Railway Project by ₹100 crore
4 months, 4 weeks ago

Union budget trims funding for Bengaluru Suburban Railway Project by ₹100 crore

Hindustan Times  

Union Finance Minister Nirmala Sitharaman on Tuesday allocated ₹350 crore to the Bengaluru Suburban Railway Project in the Union Budget for the fiscal year 2024-25, marking a reduction of ₹100 crore compared to the previous year's allocation of ₹450 crore. The 148 km Bengaluru suburban rail proposal with four corridors has been a much delayed project, languishing for decades. The …

Budget 2024: Placing thrust on infrastructure
4 months, 4 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: A blueprint for sustainable growth and employment
4 months, 4 weeks ago

Budget 2024: A blueprint for sustainable growth and employment

The Hindu  

I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. The support for the manufacturing sector, a package for employment generation, and the skilling and upskilling for 4.1 crore youth across sectors, are some of the key highlights of this budget. This, coupled with …

Budget 2024: Government keeps focus on critical areas
4 months, 4 weeks ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Growth, reforms and infrastructure
4 months, 4 weeks ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety
5 months ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside
5 months ago

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside

ABP News  

Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday in Parliament. Defence: For FY25, the defence sector will receive an allocation of Rs 6.21 lakh crore, according to Finance Minister Nirmala Sitharaman. Education: During the presentation of the Budget 2024 on Tuesday, Finance Minister Nirmala Sitharaman declared that the central government would allocate Rs 1.48 lakh …

2024 Union Budget: Industrial parks in or around 100 cities to be developed, announces FM
5 months ago

2024 Union Budget: Industrial parks in or around 100 cities to be developed, announces FM

The Hindu  

Focusing on India’s industries, Union Finance Minister Nirmala Sitharaman on Tuesday, announced that twelve new industrial parks will be developed under the National Industrial Corridor Development programme in her Budget speech for 2024-25. Budget 2024 LIVE News, highlights: July 23 “Industrial parks with complete infrastructure in or near 100 cities will be developed. Twelve industrial parks under the National Industrial …

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months ago

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years

ABP News  

Union Budget 2024 India: Finance Minister Nirmala Sitharaman in her announcement during the Budget speech revealed that the Modi 3.0 government will launch five major schemes focusing on 4.1 crore youth over the next five years, with a substantial central outlay of Rs 2 lakh crore. The Finance Minister emphasized that 20 lakh youth will receive training and skill development …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?
5 months ago

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

News 18  

Union Budget 2024 LIVE: Will FM Will Give Affordable Housing Initiatives? home buyers.” Budget 2024 Expectations Live Updates: Demand For Innovation In Renewable Technologies Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said; “As India’s energy demand rises, boosting the share of renewables is crucial for energy security and sustainability, the upcoming union budget is expected to focus on …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months ago

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy

India TV News  

Finance Minister Nirmala Sitharaman will present the Union Budget 2024–25 on Tuesday, marking the first budget of Prime Minister Narendra Modi's third successive government. By adjusting tax policies and government spending, the budget can incentivize business investments, boost economic activity, and address public needs such as education and healthcare. The presentation of the Union Budget 2024–25 will be a critical …

Railway Budget 2024: When is it? What to expect? All your questions answered
5 months ago

Railway Budget 2024: When is it? What to expect? All your questions answered

Hindustan Times  

Who will present the Railway Budget this year? The Railway Budget will be announced during the Union Budget 2024-25 speech on July 23, 2024. Ashwini Vaishnaw took charge of the Ministry of Railways on June 9, 2024 after the Lok Sabha elections. Yes, Nirmala Sitharaman's speech is likely to include announcements like increasing the number of coaches, upgrading existing trains …

Focus on infrastructure to propel state’s growth: Odisha Finance Minister
10 months, 2 weeks ago

Focus on infrastructure to propel state’s growth: Odisha Finance Minister

New Indian Express  

BHUBANESWAR : Finance Minister Bikram Keshari Arukha described the interim budget placed by him in the Assembly on Thursday as growth-oriented and meant for welfare of people. The finance minister has proposed Rs 6,194 crore for road development programme and Rs 100 crore for Biju Expressway. Chief Minister Naveen Patnaik had approved the Metro rail project for Bhubaneswar connecting Biju …

Cabinet Approves Six Rail Projects Worth Rs 12,343 Cr
10 months, 2 weeks ago

Cabinet Approves Six Rail Projects Worth Rs 12,343 Cr

News 18  

The Cabinet Committee on Economic Affairs has approved six projects of the railway ministry with an estimated cost of around Rs 12,343 crore, the government said in a statement on Thursday. “Thanks to Prime Minister Narendra Modi for approving six multi tracking projects in Rajasthan, Assam, Telangana, Gujarat, Andhra Pradesh and Nagaland worth Rs 12,343 crore,” Railway Minister Ashwini Vaishnaw …

Union Interim Budget Proposes Rs 9,138 Crore for Railway Projects in AP for 2024-25 Fiscal
10 months, 3 weeks ago

Union Interim Budget Proposes Rs 9,138 Crore for Railway Projects in AP for 2024-25 Fiscal

Deccan Chronicle  

VIJAYAWADA: The total budgetary allocation for Railways in Andhra Pradesh for the 2024-25 fiscal is `9,138 crore, Railway Minister Ashwini Vaishnaw has said. He noted that the combined budget allocation for AP and Telangana regions during 2009-14 was only`886 crore, on average. South Central Railway general manager Arun Jain and other officials were present at the press meet at Rail …

Southern Railway allotted over ₹6,330 crore for infrastructure works in T.N.
10 months, 3 weeks ago

Southern Railway allotted over ₹6,330 crore for infrastructure works in T.N.

The Hindu  

The Southern Railway has been allotted a sum of ₹6,331 crore for Tamil Nadu for the financial year 2024-25 for executing several infrastructure projects, including station redevelopment, construction of flyovers and underpasses, foot over bridges and doubling projects. Union Minister of State for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw, during a press conference, telecast at the southern railway …

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore
10 months, 3 weeks ago

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore

News 18  

Ensuring more power to infrastructure development for economic growth and employment creation, a large sum of Rs 11,11,111 crore has been set aside as the capital expenditure outlay in the interim budget 2024. “Building on the massive tripling of the capital expenditure outlay in the last four years, resulting in a huge multiplier impact on economic growth and employment creation, …

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat
10 months, 3 weeks ago

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat

Firstpost  

Finance Minister Nirmala Sitharaman’s Interim Budget for 2024-25 has proposed a significant boost to the Indian Railways, with plans to establish three major economic railway corridors Energy, Mineral and Cement corridor, Port Connectivity Corridor and a High Traffic Density Corridor aimed at reducing congestion and logistics costs in India. Besides, the budget proposal includes the upgrading of approximately 40,000 trains …

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman
10 months, 3 weeks ago

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman

Live Mint  

Railway stocks witnessed a fall after Interim Budget 2024 announcements. While presenting the interim budget, Sitharaman revealed plans to extend metro rail and Namo Bharat to other cities, as well as to upgrade 40,000 regular bogies to Vande Bharat standards. Yet, according to Sanjay Moorjani, a research analyst at SAMCO Securities, the FM stated that over 40,000 additional rail bogies …

Budget 2024: Three new economic corridors for railways, says Finance Minister in speech
10 months, 3 weeks ago

Budget 2024: Three new economic corridors for railways, says Finance Minister in speech

The Hindu  

Touching upon measures that will be taken to expand India’s railway infrastructure, Finance Minister Nirmala Sitharaman announced three major railway economic corridors. Ms. Sitharaman said that railway projects have been identified under the PM Gati Shakti Yojana for enabling multi-modal connectivity. She also highlighted that decongestion of high traffic corridors will result in improving operations, which in turn would “result …

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know
10 months, 3 weeks ago

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know

India TV News  

The India-Middle East-Europe trade corridor, announced during the G20 Summit last year, will be a game-changer for India and the rest of the world, said finance minister Nirmala Sitharaman in her budget speech. Prime Minister Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, …

Budget 2024: 40,000 rail bogies to converted to Vande Bharat standards
10 months, 3 weeks ago

Budget 2024: 40,000 rail bogies to converted to Vande Bharat standards

Live Mint  

New Delhi: In a move to modernize the Indian Railways, the Centre on Thursday announced an ambitious programme to upgrade 40,000 standard rail coaches to Vande Bharat standards. This initiative, announced by finance minister Nirmala Sitharaman in while presenting the interim budget for fiscal year 2024-25, aims to elevate the safety, convenience, and comfort of rail travel while also providing …

Budget 2024: Infra, defence, railways could be in focus: Arpit Jain
10 months, 3 weeks ago

Budget 2024: Infra, defence, railways could be in focus: Arpit Jain

Live Mint  

Arpit Jain, Joint Managing Director at Arihant Capital Markets expects the government to keep infrastructure, defence, and railways in focus in the Interim Budget 2024. In an interview with Mint, Jain said various sectors have already experienced expectations-driven rallies, but there are significant opportunities in the infrastructure and capital routes sectors. In anticipation of the Interim Budget 2024, our focus …

Budget 2024 Expectations: A look at key sectors that will be in focus this year
10 months, 4 weeks ago

Budget 2024 Expectations: A look at key sectors that will be in focus this year

Live Mint  

Finance Minister Nirmala Sitharaman is set to present the interim Budget 2024 that is expected to outline estimates for revenue, expenditure, financial performance, fiscal deficit, and projections. Read here: Budget 2024: No change likely in capital gains taxes this time, says Hemant Sood of Findoc Meanwhile, Niraj Kumar, Chief Investment Officer at Future Generali India Life Insurance Company, added that …

Railway budget 2024 to rise 25% to hit record levels
11 months, 1 week ago

Railway budget 2024 to rise 25% to hit record levels

Hindustan Times  

Budgetary allocation for Indian Railways is expected to hit record levels in 2024-25 as the government gears up to support a major makeover for the national transporter with additional modern and faster trains and improved safety features. “The government supported with an over 50% increase in gross budgetary support in 2023-24, and the expectation is that absolute support would touch …

Vision 2047: Infra to be biggest driver for growth push
11 months, 4 weeks ago

Vision 2047: Infra to be biggest driver for growth push

Live Mint  

New Delhi: India’s infrastructure sector is set to become the biggest driver for the country that aspires to become a $5 trillion economy soon and a developed nation by 2047. The newly adopted Vision 2047 document also lays emphasis entirely on infrastructure growth scaling up the pace of development of railways, roads, and ports surpassing most developed countries. Instruments like …

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav
1 year ago

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav

Live Mint  

The Indian Railways is looking to acquire new trains with a total investment of ₹1 lakh crore over the next few years, Union Railways Minister Ashwini Vaishnaw told The Economic Times. This will entail floating train procurement tenders worth around ₹1 lakh crore which will be honoured over the next 15 years by replacing the older rolling stock," Vaishnaw said. …

Top 4 railway stocks under ₹ 200 to add to your watchlist
1 year, 2 months ago

Top 4 railway stocks under ₹ 200 to add to your watchlist

Live Mint  

After a long time, the Indian Railways are executing projects better than ever. IRFC's strong balance sheet size with nil gross NPA, low overheads, and the Indian Railways' huge capex needs, bode well for the company's growth prospects over the long term. In the month of August 2023, Ircon International shares saw a spike after the company posted good numbers …

Previous Congress Govt Neglected Railyway Infra: Shivraj
1 year, 4 months ago

Previous Congress Govt Neglected Railyway Infra: Shivraj

Deccan Chronicle  

Bhopal: Madhya Pradesh chief minister Shivraj Singh Chouhan on Sunday said that the previous Congress government had neglected railway infrastructure in the state by denying adequate allocation for the sector. Addressing a function at Vidisha in Madhya Pradesh organised on the occasion of foundation laying for redevelopment of 34 railway stations in the state, Mr Chouhan said that the rail, …

What is ailing the Indian Indian Railways?
1 year, 6 months ago

What is ailing the Indian Indian Railways?

The Hindu  

Published : Jun 05, 2023 19:07 IST - 1 MIN READ The Indian Railways, one of the world’s largest employers and a crucial component of the Indian economy, is once again in the headlines for all the wrong reasons. One of the reasons cited by many experts as a possible cause behind the mishap was the poor investment India makes …

170 years of Indian Railways and The Hindu: 3 racist, elitist op-eds that denigrate Indians who use Railways simply to peddle anti-Modi agenda
1 year, 7 months ago

170 years of Indian Railways and The Hindu: 3 racist, elitist op-eds that denigrate Indians who use Railways simply to peddle anti-Modi agenda

Op India  

On April 16, 2023 Indian Railways completed 170 years. Coverage in The Hindu The article “ The Folly of 5-star Railway Stations ” was written by Gautam Bhatia who is “an architect and sculptor and the author of Blueprint”. Someone who claims to love Indian Railways actually posed the question of “Who does Indian Railways cater to?” just because he …

Budget 2023 recognises infrastructure as nation’s growth engine
1 year, 10 months ago

Budget 2023 recognises infrastructure as nation’s growth engine

Firstpost  

We welcome Budget 2023 which continues to lay focus on infrastructure development as being the growth engine of the Indian economy. The increased outlay for Railways, and attempt to prioritise the 100 critical transport infrastructure projects and regional connectivity is also quite commendable. This investment along with PM Gati Shakti launched last year to provide multimodal connectivity infrastructure to all …

Uttar Pradesh to get highest share of modernisation funds allocated to Railways
1 year, 10 months ago

Uttar Pradesh to get highest share of modernisation funds allocated to Railways

India TV News  

Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. According to Union Railway Minister Ashwini Vaishnaw, in the Rail Budget 2023-24, Uttar Pradesh will get Rs 17,507 crore, Madhya Pradesh Rs 13,607 crore, Rajasthan Rs 9532 crore, Uttarakhand Rs 5400 crore, Punjab Rs 4762 …

Record allocation for Odisha rail projects in Union Budget: Vaishnaw
1 year, 10 months ago

Record allocation for Odisha rail projects in Union Budget: Vaishnaw

India TV News  

Railway Minister Ashwini Vaishnaw on Friday said the Centre has allocated a record Rs 10,012 crore for various rail projects in Odisha in the Union Budget. “Odisha had sought an allocation of Rs 8,400 crore, but PM Narendra Modi has provided Rs 10,012 crore, the highest-ever railway allocation for the state, for the 2023-24 financial year,” Vaishnaw told reporters at …

Budget 2023: Major highlights from Finance Minister Nirmala Sitharaman’s speech
1 year, 10 months ago

Budget 2023: Major highlights from Finance Minister Nirmala Sitharaman’s speech

Live Mint  

Nirmala Sitaraman candle and her angle to budget is the capex of 10,00,000 crore in 2023-24 with decrease in fiscal deficit of just 5.9%, much less as compared to previous 6.4% and more to this is the confidence of the finance minister, confidence that she will bring it down to 4.5% by next year. You will also be thrilled to …

Budget 2023 | Railways gets outlay of ₹2.4 lakh crore
1 year, 10 months ago

Budget 2023 | Railways gets outlay of ₹2.4 lakh crore

The Hindu  

With an outlay of ₹2.40 lakh crore for the financial year 2023-24 compared to ₹1.40 lakh crore in the FY22-23, Finance Minister Nirmala Sitharaman said that the outlay for the railways is nine times the amount provided in 2013-2014. “The current outlay will be beneficial for 800 crore passengers who annually travel by railways,” Mr. Vaishnaw said. The higher outlay, …

Revamped stations, more Vande Bharat trains: How Railways plans to use Rs 2.41 lakh cr Budget
1 year, 10 months ago

Revamped stations, more Vande Bharat trains: How Railways plans to use Rs 2.41 lakh cr Budget

India Today  

The railways have been allocated Rs 2.41 lakh crore in the Union Budget 2023-24, the highest ever capital outlay for the sector. Following the presentation of Budget 2023 by Finance Minister Nirmala Sitharaman on Wednesday, Union Railways Minister Ashwini Vaishnaw spoke about how the railways planned on using the budget allocated. Ashwini Vaishnaw said that 1,275 stations are being re-developed, …

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget
1 year, 10 months ago

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget

Firstpost  

Budget papers showed that the net revenue expenditure of the railways is placed at Rs 2,65,000 crore in the Budget Estimate 2023-24 as against Rs 2,42,892.77 crore in Revised Estimate 2022-23 New Delhi: The capital outlay for the railways has been increased to the highest-ever Rs 2.40 lakh crore in the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said …

Union Budget 2023: Modi govt's plan for 'Make AI in India' and 'Make AI Work in India'
1 year, 10 months ago

Union Budget 2023: Modi govt's plan for 'Make AI in India' and 'Make AI Work in India'

India TV News  

Budget 2023: At a time when Artificial Intelligence is disrupting life across all sectors, Union finance minister Nirmala Sitharaman, while presenting the Union Budget 2023 has proposed a vision for not just 'Make AI for India' but also 'Make AI work for India'. The Union finance minister said that three centres of excellence for artificial intelligence will be set up …

Watch | Union Budget 2023-24 Highlights | Income tax rebate limit increased to ₹7 lakh; Railways accorded highest-ever capital outlay
1 year, 10 months ago

Watch | Union Budget 2023-24 Highlights | Income tax rebate limit increased to ₹7 lakh; Railways accorded highest-ever capital outlay

The Hindu  

Announcing its last full budget before the 2024 elections, the NDA government focused on a slew of measures that expanded Capital Expenditure spending and tied in various priorities including Green Growth, Youth Power and Inclusive Development. Here are the key highlights from today budget speech: Major announcements: > Finance Minister Nirmala Sitharaman upped the rebate limit for paying income taxes …

Budget 2023: Key takeaways from Nirmala Sitharaman's announcements
1 year, 10 months ago

Budget 2023: Key takeaways from Nirmala Sitharaman's announcements

Hindustan Times  

The Narendra Modi government at the Centre will focus on economic growth and job creation and cut down the fiscal deficit, Union finance minister Nirmala Sitharaman said on Wednesday, presenting its last full budget in Parliament before the 2024 election. She also said the enhanced capex of ₹10 lakh crore for infrastructure development is at 3.3 per cent of the …

Budget 2023: FM Sitharaman's big push for Railways with ₹ 2.4 lakh crore outlay
1 year, 10 months ago

Budget 2023: FM Sitharaman's big push for Railways with ₹ 2.4 lakh crore outlay

Hindustan Times  

Finance minister Nirmala Sitharaman has announced the biggest-ever push for Indian Railways with a capital outlay of ₹2.40 lakh crore. The Indian Railways capital outlay has been set at 2.40 lakh crore. "The Indian Railways capital outlay has been set at 2.40 lakh crore, highest ever; 9x of what was in 2013," Sitharaman said in her Budget speech on February …

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