Daily Current Affairs on Rs 2.52 lakh cr, Budget allocation for Railways for HARCO Bank Exam Preparation

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Rs 2.52 lakh cr, Budget allocation for Railways

The Indian Railways is set to receive a capex push of Rs 2.52 lakh crore for the financial year 2024-25, an increase of 5 percent from Rs 2.4 lakh crore allocated a year ago.

  •  Ashwini Vaishnaw informed that Indian Railways has been allotted a total of Rs 2.52 lakh crore outlay for the financial year 2024-25.
  • The minister added,  Rs 1.08 lakh will be used to boost railway safety in 2024-25.
  • The Indian Railways is set to receive a capex push of Rs 2.52 lakh crore for the financial year 2024-25, an increase of 5 percent from Rs 2.4 lakh crore allocated a year ago.
  • The finance minister, as part of her budget speech on July 23, did not mention the total outlay for the railways, but the capex allocation reflected in the Budget documents that were released after her speech.
  • The railway ministry's internal and extra-budgetary resources (IEBR) have fallen to Rs 13,000 crore in 2024-25 from Rs 52,783 crore projected in 2023-24. 

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