Biggest budget ever for Railways..! 2.40 lakh crore allocated, fund announced for new schemes

Finance Minister Nirmala Sitharaman made an important announcement regarding the railway department in the budget, saying that this time a total of Rs 2.40 lakh crore has been allocated to the railways

Union Finance Minister Nirmala Sitharaman has announced the General Budget 2023. In which the railway budget is also included. The central government has once again increased the railway budget. The Finance Minister said that a total of Rs 2.40 lakh crore has been allocated to the Railways. This will work on all plans. The Finance Minister said that this is the biggest budget ever. Compared to the year 2013-14, this rail budget is almost 9 times more.

100 new schemes will be launched :

The Finance Minister said that 100 new schemes will be started in the Railways. Apart from this, a fund of Rs 75 crore has been given for new schemes. 100 schemes will be started with the help of private sector. On which further work will be done.

How much was the rail budget last year?

Last year i.e. in 2022, a total of Rs 1.4 lakh crore was allocated to the Ministry of Railways by the Central Government. It was also seen in the last budget that the government had increased the railway budget. Then the railway budget was increased by more than 20 thousand crores. Meanwhile, Finance Minister Nirmala Sitharaman said that 400 Vande Bharat trains equipped with the latest technology will be made in the next 3 years.

Let us inform that during the announcement of the last Rail Budget, the Finance Minister had also announced the National Rail Plan 2030. Under this scheme, a plan was prepared for the development of railways. In which it was announced to give a new look to the facilities of the railway. For this, the Center had talked about an investment of one lakh crore. By December 2023, 100 percent electrification of major railway lines will be completed.

Interesting facts on Rail Budget-

An interesting fact about the Rail Budget is that earlier the Rail Budget was presented separately, that is, it was not a part of the General Budget, but from the year 2017, the Modi government ended this tradition and made the Rail Budget a part of the General Budget. made part. Since then the Railway Budget is also presented along with the General Budget. It is said that this advice was given to the government by NITI Aayog.

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