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Indian Railways Achieves Record Modernization with Superfast Transformation and Budget Allocation
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Indian Railways: Record Budget Fuels 'Superfast Transformation' & Modernization Drive
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News18
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19-03-2026, 09:39
Indian Railways: Record Budget Fuels 'Superfast Transformation' & Modernization Drive
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Indian Railways receives record 2.78 lakh crore rupees in Union Budget 2026–27 for expansion and modernization.
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Merger of Railway Budget with General Budget led to revolutionary change, increased budgetary support, and seamless decision-making.
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Electrification saves 6,000 crore rupees annually, reducing diesel dependence; freight volume increased to 1,650 million tonnes.
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Safety is a core priority, with a nearly 90% reduction in accidents due to specific investments and systematic reforms.
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Strategic connectivity initiatives include Siliguri Corridor underground line, India-Nepal border projects, and Northeast expansion.
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