Budget 2021: Nirmala Sitharaman allocates Rs 1,10,055 cr for Railways
Finance Minister Nirmala Sitharaman on Monday announced that the central government is allocating Rs 1,10,055 crores for Railways.
Finance Minister Nirmala Sitharaman on Monday announced that the central government is allocating Rs 1,10,055 crores for Railways. She also announced an outlay for capital expenditure amounting to Rs 1,07,100 crores.
Presenting the Union Budget 2021-22, Sitharaman said that the plan of the government is to create a future-ready Railways system by 2030.
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hereThe Finance Minister said to further strengthen, high-density network and highly utilised network routes of Railways will be provided with indigenously developed automatic train protection system that eliminates train collision due to human error.
"High-density rail networks and highly utilized rail routes to be provided with indigenously developed automatic train protection system which will eliminate train collision due to human error100 per cent electrification of rail broad gauge routes to be completed by December 2023," she added.
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