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Railway Ministry has said that the Railways has spent 76 percent of its budgetary outlay within the first nine months of the current fiscal. According to a latest expenditure report of Indian Railways till January 5, 2025, heavy investment is made in capacity augmentation, a reality aiming to make rail travel a world class experience in India.

According to the Ministry, the total capex for railways in the Budget Estimate 2024-25 is Rs 2,65,200 crore with Gross Budgetary Support of Rs 2,52,200 crore. Out of it, Rs 1,92,446 crore have already been spent. For rolling stock, the budgetary provision was for Rs 50,903 crore. Out of it, Rs 40,367 crore were spent by 5th January, which is 79 per cent of the budget, allotted for rolling stock. In safety-related works, out of budgetary allocation of Rs 34,412 crore, the amount spent is Rs 28,281, which is 82 percent of the allocated amount. The government has prioritised transforming Railways into a world class entity, which ferries on an average ‘2.3 crore Indians’ daily at an affordable cost.

The ministry said the fruit of the consistent Capital Expenditure (Capex) for the last one decade are visible in the form of 136 Vande Bharat trains, about 97 percent electrification of broad gauge, laying of new lines, gauge conversion, doubling of tracks, traffic facilities work, investment in PSUs and metropolitan transport. It also mentioned the ongoing safety and speed trial of Vande Bharat sleeper trains and said rail commuters are all set to experience world class travel very soon for long distance journeys too.