Railways likely to receive Rs 3 trillion Budget boost on February 1

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With a sustained capital expenditure push expected by the central government, the Ministry of Railways might get a double-digit percentage hike to Rs 2.9 trillion-3 trillion in budgetary allocation on February 1, multiple sources aware of the development said.  In the full budget in June last year, the ministry was allocated Rs 2.65 trillion, of which Rs 2.52 trillion was directly from central government coffers.

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Category: BusinessFinance

Markets: India

Topics: Railway Board Railway Ministry Central government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 23:02:31 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 85 words

Reading Time: 1 minutes read

Sentences: 3 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25326754

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