The Indian Railways is poised for a significant capital expenditure increase in the upcoming Union Budget 2025-26, with allocations expected to rise by 15-20% to approximately ₹2.9 lakh crore. This funding aims to enhance infrastructure, modernize stations, and expedite the rollout of Vande Bharat trains and high-speed rail projects. The budget, presented by Finance Minister Nirmala Sitharaman on February 1, is seen as crucial for revitalizing the railway sector and supporting economic growth amid slowing GDP forecasts.
Source: Economic Times