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The focus next year will be on commissioning upgraded railway stations, launching modern trains, and decongesting the track network, people aware of the deliberations told ET.
Finance minister Nirmala Sitharaman will present the budget for FY26 on February 1.
«Railway capex is expected to rise by up to 20% in budget 2025-26,» an official said.
According to railways estimates, nearly 80% of the ₹2.65 lakh crore capex for fiscal FY25 has been spent till now. «The Railway Board has spent more than ₹2 lakh crore in the current fiscal. Capex target will be met well before the fiscal ends,» a senior railway official told ET.
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