Transforming Indian Railways: 76% of Capex Deployed for Modernization in 2024-25
Indian Railways, the nation's lifeline, has demonstrated remarkable progress in its modernization journey by utilizing 76% of its capital expenditure (Capex) allocation for FY 2024-25. This milestone, achieved within the first nine months, underscores the government's commitment to transforming rail travel into a world-class experience.
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Strategic Focus on Capacity Augmentation
The Budget Estimate for Indian Railways' Capex in 2024-25 was ₹265,200 crore, with ₹252,200 crore allocated as gross budgetary support. By January 5, 2025, ₹192,446 crore had already been utilized, reflecting an impressive 76% expenditure rate. Much of this outlay has been channeled into capacity enhancement projects such as new track construction, gauge conversion, track doubling, and route electrification. The electrification drive alone has extended coverage to 97% of the broad-gauge network, with 3,210 kilometers electrified in 2024.
Vande Bharat Trains: A Modern Symbol of Progress
The introduction of 136 Vande Bharat trains symbolizes India's aspirations for efficient and comfortable rail travel. These semi-high-speed trains have advanced safety features like Kavach technology and amenities such as 360-degree rotating seats, accessible toilets for Divyangjan, and integrated Braille signage. The government's focus on rolling stock modernization has led to ₹40,367 crore (79% of the budgeted ₹50,903 crore) being spent by early January. This investment ensures that Indian Railways remains at the forefront of technological advancement.
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Safety First: A Priority for Rail Infrastructure
Safety-related works have seen robust progress, with ₹28,281 crore (82% of the allocated ₹34,412 crore) already spent. This includes upgrading signaling systems, overhauling older infrastructure, and implementing safety mechanisms across the network. These investments reflect the government's emphasis on ensuring secure and reliable transportation for over 2.3 crore passengers who use Indian Railways daily.
Decade-Long Transformation Bearing Fruit
The sustained Capex investments over the past decade are yielding visible results. The Ministry of Railways highlighted that consistent spending has improved infrastructure and operational efficiency, ensuring that Indian Railways remains a reliable and affordable mode of transportation.
Conclusion: A Future-Ready Railways
Indian Railways' ambitious Capex spending by Indian Railways reflects the government's commitment to creating a future-ready rail network that will accommodate the country's geographically and culturally diverse needs of the country. With consistent modernization, electrification, and safety upgrades, Indian Railways is poised to emerge as a global benchmark in affordable and efficient public transport.
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