Nirmala Sitharaman announces Rs 75,000 crore investment in Indian Railways

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Nirmala Sitharaman announces Rs 75,000 crore investment in Indian Railways

2.4 lakh crores were announced by FM Nirmala Sitharaman. This is the highest capital outlay for railways to date.

The National Rail Plan NRP Investment of Rs 75,000 crore will help Indian Railways increase its modal share with an investment of Rs 75,000 crore under the National Rail Plan NRP Investment of Rs 75,000 crore. According to CRISIL, this is in line with the National Rail Plan's aim to raise the modal share to 50% from 25% now.

The National Rail Plan NRP 2030 was created by Indian Railways to be a future-ready railway system. It aims to increase the modal share of the railways in freight on both operational capacity and commercial policy initiatives.

The Union Budget of India is the annual financial statement presented by the Finance Minister of India in Parliament. The government has plans for revenue and expenditure for the upcoming financial year.

Finance Minister Nirmala Sitharaman is expected to table Budget 2023 today, but what do you expect to see from Finance Minister Nirmala Sitharaman?