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FM Nirmala Sitharaman allocates Rs 1.15 lakh crore package for Indian Railways

Finance Minister has announced a package of Rs 1.15 lakh crore for the railways that envisages it to become future-ready by 2030 in her budget speech.

Sitharaman announced the commissioning of Eastern and Western Dedicated Freight Corridors and basically the whole idea is to bring down the cost of logistics to promote Atma Nirbhar Bharat.

She further announced that a section of the dedicated freight corridors will be made on Public-Private Partnership mode and railways will monetize dedicated freight corridors.

 

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