Union Budget 2024-25: Railways Get Record ₹2.62 Lakh Cr Boost
Union Railways Minister
Ashwini Vaishnaw confirmed the government's dedication to transforming Indian
Railways with a record ₹2,62,200 crore allocation announced by Finance Minister
Nirmala Sitharaman. The budget supports industrial growth with funds for
infrastructure at key nodes in Andhra Pradesh and Bihar. The PM Gati Shakti
Mission identifies three economic railway corridors—Energy, Mineral and Cement,
Port Connectivity, and High Traffic Density—aiming to enhance capacity, reduce
congestion and logistics costs, and improve passenger safety.