UP gets the highest ₹17,507-cr allocation in Rail Budget
Uttar Pradesh has received the largest allocation in the Rail Budget of the Union Budget 2023-24, worth ₹17,507 crore. The Indian Railways has a budget of ₹2.4 lakh crore, with ₹75,000 crore earmarked for new schemes. This is a 9-fold increase from 2013-14 and a 51% increase from 2022-23. The National Capital Region (NCR), Delhi, received a 26-fold increase in its budget allocation, with a budget of ₹2,477 crore. Other states, including Punjab, Uttar Pradesh, Gujarat, Madhya Pradesh, and Rajasthan, received 14 to 21 times more funds compared to previous years. The emphasis of the Railways will be on infrastructure development and bringing high-speed trains back on track. Funds will be mainly spent on green trains, green energy, tourism, high-speed trains, and important corridors. The Railway Minister announced that the modernization of trains, such as Rajdhani, Shatabdi, and Duronto, will also be a priority, including improving the coaches of these trains.
