Railways capex up marginally to Rs 2.65 trn; no mention in Budget speech

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Railways capex up marginally to Rs 2.65 trn; no mention in Budget speech - Business Standard

Quick Summary:

Taking into account the rising general coach passengers, railways will be manufacturing 10,000 extra non-air-conditioned coaches.“Railway is a low-income transporter.

This means that the national transporter will be spending Rs 98.22 for every Rs 100 that it will be earning.“The allocation is Rs 2.62 trillion for capital investment (excluding internal resources), which is a record number.

The only mention that the national transporter got in the budget speech was when the finance minister lined up development funds for Andhra Pradesh.