GUWAHATI: Indian Railways has made good progress in capital expenditure (CAPEX) in the current fiscal year 2024-25, with the total CAPEX topping Rs. 2 lakh crore till December 2024. Through this, railways have already utilized 76% of the capital allocation, which is Rs. 4,875 crore higher in comparison to the financial year 2023-24.
Indian Railways is undertaking major capital investments to improve the ease of movement of trains, provide a better passenger experience, and ensure a safer rail network. Major focus areas include capacity augmentation like new lines, gauge conversion, doubling, traffic facilities work, railway electrification, as well as modernization of railway stations, freight terminals, and other infrastructure. Particular focus is being given on safety works, where 82% of safety-related CAPEX has already been spent in the first nine months of the financial year.
Northeast Frontier Railway is also playing an active role in this effort along with the rest of the railway zones. NFR has already utilized 99.24% of the allocated CAPEX funds for capacity augmentation works. Further, 75.51% of the funds for doubling works and 60.78% of the funds for safety-related works have also been already utilized. 71.43% of the funds allotted for the construction of new Road Over Bridges and under bridges have been utilized, and 71.96% of funds for bridge-related works have also been productively spent.
Capital expenditure is needed for the creation of vital assets of the railways, which not only may enhance safety, efficiency, and passenger comfort but also has a multiplier effect on the economy, creating demand, income, and employment, stated a press release.
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