Railways: Highway, Railways Present Highest Ever Capex Of 5.2l Crore | India Enterprise Information

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Railways: Highway, Railways Present Highest Ever Capex Of 5.2l Crore | India Enterprise Information

New Delhi: Highway and railway ministries achieved highest ever capital expenditure of Rs 5.2 lakh crore throughout 2023-24, regardless of limitation as a result of Mannequin Code of Conduct (MCC) for Lok Sabha election. Highway and railway sectors had 50% of the Rs 10 lakh crore capex allocation for 2023-24.
The street transport and highways ministry spent Rs 2.6 lakh crore, which is 99.9% of revised estimate and 29% greater than the earlier monetary yr.Out of 4 freeway constructing companies, NHAI spent round Rs 2.1 lakh crore in final yr.
The upper expenditure within the freeway sector additionally resulted in building of 12,336 km or virtually 34 km a day — the second highest price of NH building within the nation’s historical past. The very best up to now has been 13,327km in 2020-21, when day by day building touched 36.5 km.
In case of railways, the general capital expenditure was roughly Rs 2.6 lakh crore, a rise of 26.5% over 2022-23. The rise in expenditure resulted in acceleration of rail electrification, laying of recent strains and tracks. Electrification of railway strains touched 7,188 km. It additionally achieved 5,300 km of laying new strains, doubling and gauge conversion.

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