Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20
New Delhi, Feb 1 (IBNS): 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, Piyush Goyal, while presenting the Interim Budget 2019-20 in Parliament on Friday.
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.
The Finance Minister stated that “infrastructure is the backbone of any nation’s development and quality of life. Whether it is highways or railways or airways or even digi-ways, we have gone beyond incremental growth to attain transformative achievements.”
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