Indian Railways Set for 15-20% Capex Increase in FY26 Budget

16 Jan 2025 CW Team

Indian Railways is expected to receive a 15-20% increase in its capital expenditure allocation for FY26 in the upcoming budget, with the total allocation potentially surpassing Rs trillion, up from Rs 2.65 trillion in the current fiscal year. The rise in funding will support key infrastructure projects, including the commissioning of upgraded railway stations, the launch of modern trains, and efforts to decongest the track network. Finance Minister Nirmala Sitharaman is scheduled to present the FY26 budget on February 1. An official confirmed that the railway capex for FY26 could increase by up to 20%. According to railway estimates, nearly 80% of the Rs 2.65 trillion allocated for FY25 has already been spent. A senior railway official stated that over Rs 2 trillion has been utilised so far, and the capital expenditure target for the current fiscal is expected to be met well before the end of the year. (ET)

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