NEW DELHI: The Indian Railways also have a special significance in the first General Budget 2019 to be presented today for the Modi government's second term. According to sources, the budget 2019 will also mention the roadmap of the Indian Railways. After all, in the direction in which the Indian Railways will move, increase or decrease, railway traveller's facilities or private investment will go up, you will get answers to all these questions today.
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According to the information received, the Rail Budget 2019 is going to focus on railway safety. So, Rs 5,000 crore could be allocated for the Railway Safety Fund on behalf of the Modi government and the fund will be used for security-related purposes. It is also expected that a new train could be announced.
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The railway's capex may come down from Rs 1.58 lakh crore to Rs 1.51 lakh crore. While Capex will be used on network expansion, signalling upgrades, rail track maintenance, etc. Basic infra at the railway station will also be improved and enhanced in order to improve the passenger train travel experience. The Gross Budgetary Support GBS from the Centre for 2019-20 is expected to come down to Rs 64,587 crore from Rs 60,000 crore.
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