What does the Budget offer Railways?
1 month, 2 weeks ago

What does the Budget offer Railways?

The Hindu  

The erstwhile Railway Budget, presented a couple of days before the Union Budget, was once a grand spectacle where the Indian Railways, awaited its moment of glory. The much-anticipated capex push failed to materialise beyond last two years’ ₹2.62 lakh crore, which in real terms is a correction downwards, signalling that even the government is pausing to reassess. Mere spectacle The Minister mentioned that the IR has achieved an average electrification rate of 294 Rkms per year from 2014-25 — 16 times higher than the 18 Rkms per year achieved during 2009-14 — with India slated to become the only 100% electrified and thus the “greenest” railway in the world. There has also been no word on major pending projects such as the Western Dedicated Freight Corridor, the Mumbai-Ahmedabad High-Speed Rail, or the conversion of Integral Coach Factory coaches to Vande Bharat standards. For yet another year, the Budget suggests that the IR is not on track to transformation — it is merely chugging along, waiting for the next headline -grabbing announcement to arrive.

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