• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Thursday, January 22, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home news

India Govt Reviews Railways’ Capital Expenditure for FY 2024-25

Finance Minister Nirmala Sitharaman chaired a meeting in New Delhi to review the Ministry of Railways.

by Economy India
September 18, 2024
Reading Time: 2 mins read
India Govt Reviews Railways' Capital Expenditure for FY 2024-25

India Govt Reviews Railways' Capital Expenditure for FY 2024-25

SHARESHARESHARESHARE

Focus on Doubling, Electrification, and Passenger Safety; Conversion of 40,000 Coaches to Vande Bharat Standards Planned


NEW DELHI (Economy India): Finance Minister Nirmala Sitharaman chaired a meeting in New Delhi to review the Ministry of Railways’ capital expenditure for the fiscal year 2024-25. Emphasizing the ease of living for citizens, she called for accelerating projects such as doubling and electrification of existing railway tracks, and laying new railway lines.

ADVERTISEMENT

Railways’ Capital Plans

During the meeting, railway officials provided an update on the ministry’s capital expenditure plans and progress. Highlighting the government’s focus on enhancing transportation efficiency and reducing logistics costs, officials discussed projects under the PM Gati Shakti program. This includes three major economic railway corridors—Energy, Minerals & Cement Corridor, Port Connectivity Corridor, and High Traffic Density Corridor.

Railway authorities informed the minister that 434 railway projects have been identified across these corridors, with a total investment plan of ₹11.16 lakh crore. So far, 55 projects spanning 5,723 kilometers have been approved, with an investment of ₹1.03 lakh crore.

 PM Gati Shakti
PM Gati Shakti

Kavach System Implementation

Sitharaman stressed the need for speeding up the implementation of India’s indigenous automatic train protection system, “Kavach.” Currently, this system is being rolled out on the Delhi-Howrah and Delhi-Mumbai sections covering more than 3,000 route kilometers. The Kota-Sawai Madhopur section has successfully implemented the Kavach 4.0 version, with 108 kilometers operational as of September 16, 2024.

Vande Bharat Coach Conversion

One of the key announcements from the interim budget was the conversion of 40,000 general railway coaches to Vande Bharat standards to enhance passenger safety and comfort. Sitharaman urged officials to expedite this conversion to meet the set targets.

Emphasis on Timely Execution

Sitharaman concluded the meeting by encouraging the railway ministry to ensure that capital expenditure goals for FY 2024-25 are met within the timelines, maintaining the momentum achieved in the first 100 days of the government.

(Economy India)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Source: Economy India
Tags: Capital ExpenditureKavach SystemPM Gati ShaktiRailwaysVande Bharat
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

BJP National President Election: Nitin Navin Set for Unopposed Victory as Top Leadership Gathers in Delhi
news

BJP National President Election: Nitin Navin Set for Unopposed Victory as Top Leadership Gathers in Delhi

January 18, 2026
Odisha Attracts ₹1 Lakh Crore Investment Proposals at Kolkata Investors’ Meet, Signals New Industrial Momentum
news

Odisha Attracts ₹1 Lakh Crore Investment Proposals at Kolkata Investors’ Meet, Signals New Industrial Momentum

January 17, 2026
Fadnavis Steers BJP to Civic Poll Sweep, Consolidates Party’s Grip on Urban Maharashtra
news

Fadnavis Steers BJP to Civic Poll Sweep, Consolidates Party’s Grip on Urban Maharashtra

January 17, 2026
Chhattisgarh Targets Universal Access to Safe and Sustainable Drinking Water: Deputy Chief Minister Arun Sao
news

Chhattisgarh Targets Universal Access to Safe and Sustainable Drinking Water: Deputy Chief Minister Arun Sao

January 17, 2026
HDFC Ergo CEO Anuj Tyagi Resigns to Pursue Entrepreneurial Ambitions; Board Initiates Succession Process
news

HDFC Ergo CEO Anuj Tyagi Resigns to Pursue Entrepreneurial Ambitions; Board Initiates Succession Process

January 17, 2026
IICA Opens Registration for 8th Batch of Post Graduate Insolvency Programme, Signs MoU with IIIPI–ICAI
news

IICA Opens Registration for 8th Batch of Post Graduate Insolvency Programme, Signs MoU with IIIPI–ICAI

January 16, 2026
Next Post
Sunsure Energy Secures ₹10,000 Crore Loan from REC for Green Energy Projects

Sunsure Energy Secures ₹10,000 Crore Loan from REC for Green Energy Projects

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Silver Breaks the ₹3 Lakh Barrier: A 200% Rally, Industrial Boom, and Why ETFs Are the Preferred Investment Route

Gaza Peace Initiative: Trump Invites India to Join ‘Board of Peace’

Indian Stock Markets Brace for a Volatile Week

Budget 2026: Three Big Expectations of Stock Market Investors

Amway India’s Loss Widens to ₹74.25 Crore in FY25 as Sales Decline Amid Market Challenges

BJP National President Election: Nitin Navin Set for Unopposed Victory as Top Leadership Gathers in Delhi

Trump Slaps 10% Tariffs on Eight European Nations Over Greenland Dispute, Threatens Hike to 25% From June

Trump Reiterates Claim of Preventing India–Pakistan Military Escalation, Sparks Diplomatic Debate

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved