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Budget 2021: Railway Budget 2021 Allocation Expected To Be Around Rs 1.70 Lakh Crore, Says Rating Agency

Railway Budget 2021: Brickworks expects allocation for railways to be around Rs 1.70 lakh crore
Railway Budget 2021: The allocation towards the railway budget is expected to be around Rs 1.70 lakh crore and the gross budgetary support for railways expected to be around Rs. 75,000 crore, rating agency Brickwork Ratings said in its report titled BWR Pre-Budget Expectations FY22 . Along with the main allocation for Railway Budget 2021, the agency also expects that the allocation of safety fund for the railway network should be increased by 50 per cent from the current Rs. 20,000 crore to Rs. 30,000 crore per year, that will help in boosting the safety infrastructure. ....

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Union Budget Railway Budget 2021: Indian Railways' Private Trains Project To Entail Rs 30,000 Crore Investment

Railway Budget 2021: Tejas Express trains are among the fastest trains in the country
Union Budget 2021: As part of Indian Railways first private investment initiative for operating passenger trains, the Railway Ministry earlier this year, completed the process of evaluating applications for public-private partnership (PPP) in passenger train operations. Out of the 120 applications,102 applicants were found eligible to participate in the request for proposal (RFP) stage. Infrastructure majors such as Larsen & Toubro (L&T), BHEL, and GMR were among the 102 eligible operators qualified to bid in the first stage. Indian Railways sought private investment of around Rs 30,000 crore for running modern passenger train operations. ( ....

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