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    Home»Industry Speaks»Ministry of Railways has allocated ₹ 2,40,000 crore as Gross Budget Support 
    Industry Speaks

    Ministry of Railways has allocated ₹ 2,40,000 crore as Gross Budget Support 

    Jaun ShahiBy Jaun ShahiMarch 16, 20232 Mins Read
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    Ministry of Railways
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    The Ministry of Railways has allocated ₹ 2,40,000 crore as Gross Budget Support (GBS) for Capital Expenditure during 2023-24.  It comprises ₹ 1,85,000 crore under Capital, ₹ 45,000 crore under Railway Safety Fund and ₹ 10,000 crore as contribution towards Rashtriya Rail Sanraksha Kosh. 

    A total of ₹ 31,850 crore out of Gross Budgetary Support has been allocated to the Plan head “New Lines” for 2023-24 by Ministry of Railways.  The Zone Wise fund allocation to New Lines for 2023-24 is as under:

          Railways Gross Budgetary Support

    2023-24 for New Line Projects

    Central 1234.95
    Eastern 432.95
    Northern 11617.3
    North Eastern 792
    Northeast Frontier 6591
    Southern 1158.15
    South Central 819.5
    South Eastern 14.9
    Western 1011.7
    East Central 1518.02
    East Coast 1984
    North Central 2.13
    North Western 861.65
    South East Central 389
    South Western 1408.35
    West Central 2014.4
    Total 31850

    Introduction of new trains / train services is a part of regular day to day operations of the Railways.  A provision of ₹ 13,150 crore out of Gross Budgetary Support has been made for the Plan head “Customer Amenities” for 2023-24.  Development of  35 hydrogen fuel cell based trains for various heritage/hill routes has been included in Budget 2023-24 at a cost of  ₹ 2800 crore.  Further, setting up of Hydrogen Infrastructure for heritage routes has also been included at a cost of ₹ 600 crores. 

    Capital Expenditure Gross Budget Support Ministry of Railways
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