Visual of the virtual conference addressed by Union Minister Piyush Goyal (Photo/Twitter)
With biggest ever capex availability, Railway to become catalyst of change to make India Aatmanirbhar: Goyal ANI | Updated: Feb 04, 2021 22:07 IST
New Delhi [India], February 4 (ANI): Calling the Union Budget 2021-22 historic for Indian Railways, Union Minister Piyush Goyal on Thursday said that the highest capital expenditure (CapEx) for Indian Railways will act as a huge catalyst to revitalise the economy and lead Indian Railways towards Aatmanirbhar Bharat.
Speaking on the budgetary provisions for Indian Railways, he said that Indian Railways is marching ahead on its bigger plan like achieving 100 per cent electrification by 2023, Net Zero Carbon Emission network by 2030, modernisation of railways, ease of ticket booking, online freight services.
Calling the Union Budget 2021-22 historic for Indian Railways, Union Minister Piyush Goyal on Thursday said that the highest capital expenditure (CapEx) for Indian Railways will act as a huge catalyst to revitalise the economy and lead Indian Railways towards Aatmanirbhar Bharat.
Speaking on the budgetary provisions for Indian Railways, he said that Indian Railways is marching ahead on its bigger plan like achieving 100 per cent electrification by 2023, Net Zero Carbon Emission network by 2030, modernisation of railways, ease of ticket booking, online freight services.
Thus, Indian Railways is on the verge of becoming a Future Ready network, the Railways Minister said.
Total planned capital expenditure for Railways of over Rs 2 lakh crore is highest ever ANI | Updated: Feb 01, 2021 21:27 IST
New Delhi [India], February 1 (ANI): Indian Railways now has the highest ever total planned capital expenditure of Rs. 2,15,058 crore this year with Rs 7,500 crore from internal resources, Rs 1,00,258 crore from extra-budgetary resources and Rs 1,07,100 crore for capital expenditure in the General Budget.
In a press release, the Ministry of Railways on Monday stated, Indian Railways received a record outlay of Rs 1,10,055 crore, of which Rs 1,07,100 crore is for capital expenditure in the Union Budget 2021-22 presented in the Parliament today.
The Gross Budgetary allocation is Rs. 37,050 crores (53 per cent) higher than the previous budget of 2020-21. In spite of the COVID-19 pandemic, this is a remarkable vindication of the progress being made being undertaken infrastructure projects in Indian Railways.
Updated Jan 21, 2021 | 13:30 IST | TN Advertorial
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Statistics abound that India, the world’s fifth largest economy
1 as per International Monetary Fund October 2019, World Economic Outlook, will likely emerge as the second largest after China by 2030
2. The present day pandemic may have impeded the race to this milestone, but not stopped it. Conjoined with one of the youngest demographics and a burgeoning middle class society, this race puts India’s high-octane growth through several challenges, volatile business environment being one. The intense pressure of urbanization is another. With India planning to scale up and surge ahead on the economic front, greater emphasis should and, is be