Railways allocated Rs 2,62,200 crore as capex for FY 2024-25. Pics/Ashish Raje and Shadab Khan
The allocations towards Indian Railways are generally among the most anticipated announcements in the Budget presentations
Earlier, a separate budget was provided for Indian Railways but the practice was ended in 2017
Finance Minister Nirmala Sitharaman on Tuesday presented the Budget for 2024-25, her 7th straight presentation surpassing the record of former prime minister Morarji Desai
The Union Budget 2024 was the first Budget during Prime Minister Narendra Modi-led government's third term in office
People of India have reinforced their faith in the government led by Modi and re-elected it for the third term, Sitharaman said, while presenting the Budget in Lok Sabha
India's economic growth continues to shine while the global economy is still in the grip of policy uncertainty, Sitharaman added
Sitharaman announced nine priorities in the Union Budget 2024-25 for generating ample opportunities in the economy
The nine priorities include productivity, jobs, social justice, urban development, energy security, infrastructure, innovation and reforms
Presenting her seventh straight budget, Sitharaman said the government undertakes comprehensive review of research to develop climate-resilient seeds
In the next two years, one crore farmers will be initiated in natural farming, she said
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