Rail Budget 2019: Government allocates Rs.64,587 Crore for Railways

Indian Railways has experienced the safest year in its history as all Unmanned Level Crossings on broad gauge network have been eliminated

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Government allocates Rs.64,587 Crore for Railways in 2019-20
Government allocates Rs.64,587 Crore for Railways in 2019-20

New Delhi, Metro Rail News: Union Railway Minister Shri Piyush Goyal has presented Railway Budget for the financial year 2019-20 Today. The Govt. has made several announcements for railway passengers in the budget.

Let’s know what the people who travel in the railway have got in the interim budget of 2018-2019.

Piyush Goyal said on Friday that the government has allocated Rs 64,587 crore to the Railways in the interim budget of 2019-20. While presenting the interim budget in Parliament, Goyal said, “It has been the safest year in the history of Indian Railways. We have started freight services in the north-east. ‘

Infra allocation for north-eastern areas increased by 21% to Rs. 58,166 Crore in 2019-20 

In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.  The Railways’ overall capital expenditure programme is of Rs.1,58,658 crore.  This was stated by the Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal, while presenting the Interim Budget 2019-20 in Parliament today.

Shri Piyush Goyal said  – “Indian Railways has experienced the safest year in its history as all Unmanned Level Crossings on broad gauge network have been eliminated”. 

Vande Bharat Express:

Introduction of the first indigenously developed and manufactured semi high-speed “Vande Bharat Express” will give the Indian passengers world class experience with speed, service and safety. This major leap in wholly developed technology by our engineers will give an impetus to the Make in India programme and create jobs.

Regarding the manufacturing of engineless train 18, he said, “Vande Bharat Express will provide universal service in speed, security, and service. This is a great success developed by our engineers, who will speed up the ‘Make in India‘ program and create jobs. Goyal said that traveling to Vande BharatExpress will give world-class experience to Indian travelers. He said, “All unmanned crossings of the broad gauge network were completely removed.”

Railways received 64,587 crore
Goyal said, ‘In the Budget allocation to Railways, Rs 64,587 crore has been given for the financial year 2019-20.’ He further said, “In fact, the total capital expenditure of the Railways will be Rs 1,58,658 crore, which is historic.” Goyal also said that the operating ratio of the railway will be reduced to 95 percent in the financial year 2019-20, whereas in the financial year 2018-19 it was 96.2 percent.

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