Indian Railways allocated Historic Capital Expenditure of ₹2.93 Lakh Crore for 2024-25; Focus on Modernization, Safety and Augmentation of Rail Infrastructure. In a landmark decision underscoring the Government’s commitment to building a modern and AatmaNirbhar Bharat, Indian Railways has been allocated a record Capital Expenditure (CapEx) of ₹2,93,000 crore (₹2.93 Lakh Crore) for the financial year 2024-25.
This substantial allocation is aimed at accelerating the transformative journey of the national transporter, with a prime focus on enhancing passenger safety, launching high-speed connectivity, and strengthening freight infrastructure to drive economic growth.The record CapEx reflects the government’s focus on modernising rail infrastructure, expanding network capacity, and improving operational efficiency. Key areas of spending include development of high-speed and semi-high-speed corridors, dedicated freight corridors, track doubling, electrification, and modern signalling systems.
A significant portion of the investment is also being directed towards safety-related works such as track renewal, bridge rehabilitation, elimination of level crossings, and deployment of advanced safety technologies. Officials said the sustained capital outlay is expected to strengthen logistics efficiency, support economic growth, and improve passenger experience through faster, safer, and more reliable rail services.