Rail Budget to focus on incomplete projects
The emphasis will also be on 'Make in India' high-speed trains
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New Delhi: In the upcoming Railway Budget, the emphasis will be on the development of infrastructure, 'Make in India' high-speed trains and the completion of incomplete railway projects.
In the Union Budget 2023-24, the entire emphasis of the Modi government will be on infrastructure development, especially projects related to Railways and getting high-speed trains becoming operational as soon as possible.
The Modi government is working on increasing the railway budget by 20-25 per cent to strengthen the infrastructure of the entire railway system. According to sources in the Railways Ministry, there is a possibility of an allocation of nearly Rs 1.8 lakh crore for this sector in 2023-24, which was Rs 1.4 lakh crore in 2022-23.
According to Railway Ministry officials, in this year's budget more allocation will be made for laying new tracks, increasing the number of semi-high-speed Vande Bharat trains, introducing hydrogen-powered trains as well as the Ahmedabad-Mumbai bullet train project.
