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In the last full Budget by PM Modi's government before the 2024 general elections, FM Nirmala Sitharaman said the outlay for Indian Railways is nine times the amount provided in 2013-2014.
Presenting the last full Union Budget of the Narendra Modi-led government before the 2024 general elections, Union Finance Minister Nirmala Sitharaman on Wednesday (February 1) announced a 75 percent hike in the outlay for the Railway Ministry, the highest-ever.
The Finance Minister has allocated Rs 2.40 lakh crore for the financial year 2023-24 compared to Rs 1.40 lakh crore in the last fiscal, an increase of Rs 1.03 lakh crore. Sitharaman said the outlay for the railways is nine times the amount provided in 2013-2014.