Record Outlay of ₹1,10,055 Crore for Railways

Indian Railways has received a record outlay of 1,10,055 crore, of which ` 1,07,100 crore is for capital expenditure. This record outlay was announced by the Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman while presenting the Union Budget 2021-22 in the Parliament.

Daily Current Affairs Quiz 2021

Indian Railways have prepared a National Rail Plan for India – 2030. The Plan is to create a ‘future ready’ Railway system by 2030.

Western Dedicated Freight Corridor (DFC) and Eastern DFC are expected to be commissioned by June 2022.

The Sonnagar – Gomoh Section (263.7 km) of Eastern DFC will be taken up in PPP mode in 2021-22. Gomoh-Dankuni section of 274.3 km will also be taken up in short succession.

Future dedicated freight corridor projects namely East Coast corridor from Kharagpur to Vijayawada, East-West Corridor from Bhusaval to Kharagpur to Dankuni and North-South corridor from Itarsi to Vijayawada will be undertaken.

100% electrification of Broad-Gauge routes will be completed by December, 2023. Broad Gauge Route Kilometers (RKM) electrified is expected to reach 46,000 RKM i.e., 72% by end of 2021 from 41,548 RKM on 1st Oct 2020.