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News Entry# 561658
Jul 23 (19:12) Railway Budget 2024-25: No Major Announcements for Railways, Focus on Infrastructure Development
IR Affairs
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News Entry# 561658   
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Railway Budget 2024-25 Live Updates: Sitharaman disappoints Railway passengers; no announcements for rail safety, new trains

The Railway Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, contained no major announcements for the railway sector. While expectations were high for new trains like Vande Bharat and Vande Metro, and advancements in the Mumbai-Ahmedabad bullet train and Namo Bharat initiatives, the budget focused on infrastructure development projects in Bihar...
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and Andhra Pradesh. Despite anticipation for improvements in safety standards, including the KAVACH safety system, no new measures were announced. The budget maintained the capital expenditure level consistent with previous announcements, leaving industry stakeholders eager for a comprehensive roadmap for growth and modernization. The sole mention of Indian Railways in the budget was the allocation of funds for infrastructure development in strategic locations on the Vishakhapatnam-Chennai and Hyderabad-Bengaluru Industrial Corridors. The budget overall emphasized infrastructure development and employment opportunities.

Railway Budget 2024-25 mein, Finance Minister Nirmala Sitharaman ne railway sector ke liye koi bada announcement nahi kiya. Vande Bharat aur Vande Metro jaise naye trains, Mumbai-Ahmedabad bullet train aur Namo Bharat initiatives mein progress, yeh sabhi expectations thi, par budget ne Bihar aur Andhra Pradesh mein infrastructure development projects pe...
more...
focus kiya. Passenger safety, aur KAVACH safety system ke improvements ki ummeed thi, lekin koi naya measure announce nahi kiya gaya. Budget ne previous announcements ke sath capital expenditure level ko maintain kiya, jisse industry stakeholders growth aur modernization ke liye comprehensive roadmap ki ummeed kar rahe hain. Budget mein Indian Railways ka zikr sirf Vishakhapatnam-Chennai aur Hyderabad-Bengaluru Industrial Corridors pe strategic locations mein infrastructure development ke liye funds allocate karne ke roop mein aaya. Budget overall mein infrastructure development aur employment opportunities pe focus diya gaya hai.
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