Budget 2019: Railways gets highest ever ‘Rs 1.58 lakh crore’ in Budget

Budget 2019: Railways gets highest ever ‘Rs 1.58 lakh crore’ in Budget

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Date of Post: 2 Feb, 2019

Finance Minister Piyush Goyal on Friday announced a capital expenditure allocation of Rs 1.58 lakh crore for the railways, the highest ever for the national transporter, in an effort to put its flagging revenues back on track.

More Information:

  • So far, 2018-19 has been the safest for the Railways and all Unmanned level Crossings on the broad gauge network have been completely eliminated, Goyal said.
  • Goyal said in his debut budget speech, “Capital expenditure programme of railways at all-time high of Rs 1.58 lakh crore in next financial year. Vande Bharat Express, indigenously developed semi-high speed (train), will give Indian passengers world class experience.”
  • He said, “This major leap in wholly developed technology by our engineers will give an impetus to the Make in India programme and create jobs.”
  • Operating ratio for the present fiscal has improved to 96.2%, and in the 2020 financial year the aim will be to have it at 95%, he also announced.
  • In the railway budget-2019, no railway fare hike was announced.
  • The planned expenditure would be a 148% hike from the levels of 2014.

To know more about recent developments of Railways –

 BHEL wins maiden order for rail electrification for worth Rs 350 crore


(  Please reach us at editor@railanalysis.com for more information. )

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