Indian budget trebles railway investment

Following the budget speech, Minister of Railways Piyush Goyal and the IR board hosted a meeting to discuss the railway spending plans.

INDIA: A major increase in Indian Railways’ capital expenditure to Rs1 485bn in the 2018-19 financial year was announced by Finance Minister Arun Jaitley as part of the national budget unveiled on February 1. This is almost three times the Rs540m allocated for capital works in 2013-14.

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