Gross budget allocation for Northeast Frontier Railway for the FY 2024-25 is Rs 14184.69 cr: Railway minister Ashwini Vaishnav
Budget Allocation for Northeast Frontier Railway for the FY 2024-25 is Rs. 14183.69 crores. The allocation for North-eastern states is Rs. 10,376 crores which is about five times higher than the average allocation of Rs. 2,122 crores made during 2009-14.
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Vaishnaw held an interaction with media persons of Northeast virtually from New Delhi in connection with the allocation for the Railway Ministry in the General Budget 2024-25.
The Minister of Railways informed that a record allocation for capital investment of Rs. 2.62 lakh crores have been provided for the Railways. A large part of it, i.e. Rs. 1.08 lakh crores, will be utilised on safety related activities such as replacement of old tracks with new ones, improving signalling system, installation of Kavach system, construction of Road Under Bridges/Road Over Bridges by replacing existing level crossing gates.
He further said that this budget focuses on introduction of new rolling stocks like Amarit Bharat Trains, Vande Metro, Vande Bharat Sleeper. Railways direction on safety first, comfort of passengers, capacity augmentation and improving the infrastructure of Railways are prioritised.
An advanced version of ‘Kavach 4.0’ has got recent approval, which will be installed in a rapid pace. ‘Kavach 4.0’ is a combination of hardware, software, optical fibre, telecom tower, on track system, stations and
