The Union Budget 2026-27 has allocated a record ₹2.93 lakh crore capital expenditure to Indian Railways, marking its highest-ever funding. The plan includes seven new high-speed rail corridors, expanded freight infrastructure, and modernization projects aimed at boosting connectivity, safety, and economic growth nationwide.
Historic Allocation
Finance Minister Nirmala Sitharaman announced the unprecedented investment, surpassing last year’s ₹2.78 lakh crore outlay. This signals the government’s commitment to making railways central to India’s growth strategy, with a focus on speed, efficiency, and sustainability.
High-Speed Corridors And Freight Expansion
Seven high-speed rail corridors are set to transform passenger travel, reducing journey times across major routes. Alongside passenger upgrades, new freight initiatives will enhance logistics efficiency, supporting industries and reducing dependence on road transport.
Modernization Drive
The budget also emphasizes safety improvements, digital integration, and network expansion. Investments in signaling, electrification, and station redevelopment aim to create a modern, world-class railway system.
Key Highlights
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Record ₹2.93 lakh crore capex for railways
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Seven new high-speed rail corridors announced
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Freight infrastructure expansion to boost logistics
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Focus on safety, electrification, and modernization
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Railways positioned as a driver of economic growth
Conclusion
The Union Budget 2026-27 sets a transformative vision for Indian Railways. With record funding and ambitious projects, the sector is poised to become a backbone of India’s infrastructure, enhancing both passenger convenience and industrial competitiveness.
Sources: The Indian Express, Times Now, Adda247