Ministry of Railways Allocated ₹ 2.4 Lakh Crore for Capital Expenditure in 2023-24

Out of the Gross Budgetary Support, a sum of ₹ 31,850 crore has been allocated to the Plan head "New Lines" for the financial year 2023-24.

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Budget 2023-24
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NEW DELHI (Metro Rail News): The Ministry of Railways has been allocated a Gross Budget Support (GBS) of ₹ 2,40,000 crore for Capital Expenditure during the financial year 2023-24. The GBS comprises ₹ 1,85,000 crore under Capital, ₹ 45,000 crore under Railway Safety Fund, and ₹ 10,000 crore as a contribution towards Rashtriya Rail Sanraksha Kosh.

Out of the Gross Budgetary Support, a sum of ₹ 31,850 crore has been allocated to the Plan head “New Lines” for the financial year 2023-24. The Zone-wise fund allocation for new line projects is provided in the table below. The highest amount of ₹ 11,617.30 crore has been allocated to the Northern Railways for new line projects.

Table: Gross Budgetary Support 2023-24 for New Line Projects

Railways Gross Budgetary Support 2023-24 for New Line Projects (in crores)
Central 1234.95
Eastern 432.95
Northern 11617.30
North Eastern 792.00
Northeast Frontier 6591.00
Southern 1158.15
South Central 819.50
South Eastern 14.90
Western 1011.70
East Central 1518.02
East Coast 1984.00
North Central 2.13
North Western 861.65
South East Central 389.00
South Western 1408.35
West Central 2014.40
Total 31850.00

 

The Ministry has also made a provision of ₹ 13,150 crore out of the Gross Budgetary Support for the Plan head “Customer Amenities” for the financial year 2023-24. As part of this, the development of 35 hydrogen fuel cell-based trains for various heritage/hill routes at a cost of ₹ 2800 crore has been included in the budget. The budget also includes the setting up of Hydrogen Infrastructure for heritage routes at a cost of ₹ 600 crores.

The Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw, provided this information in a written reply to a question in Lok Sabha.

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