Home India Budget 2023: Rs 2.4 lakh crore budget announced for Railways, 9 times more than 2014

Budget 2023: Rs 2.4 lakh crore budget announced for Railways, 9 times more than 2014

by Trend News
2 minutes read
Budget 2023: Rs 2.4 lakh crore budget announced for Railways.

Union Finance Minister Nirmala Sitharaman has presented the General Budget (Budget 2023) for the financial year 2023-24. During this, Sitharaman said that this budget is the first budget in Amrit Kaal. Sitharaman has announced a budget of Rs 2.4 lakh crore for the Railways. This is almost 9 times more than the 2013-14 budget. In 2013, a budget provision of about Rs 63,363 crore was made for the Railways. In the year 2022, Railways got a budget of 1.4 lakh crores.

Finance Minister Nirmala Sitharaman has given seven bases of the budget for the financial year 2023-24. He said that this time there are seven main goals of the budget, which have been called Saptarshi-

  1. Overall development
  2. Preference to the underprivileged
  3. infrastructure and investment
  4. Capacity expansion
  5. green development
  6. fresh blood
  7. financial sector

The trend of separate rail budget is over

Let us inform that since the year 2017, the tradition of presenting a separate Rail Budget has come to an end. In the first term of the Modi government, the then finance minister Arun Jaitley had ended the 92-year-old practice of presenting a separate railway budget. From the year 2017, announcements of railway budget started in the general budget. Earlier, the Railway Minister used to present the Railway Budget in the Parliament a day before the General Budget.

Budget of Jal Jeevan Mission

The budget of Jal Jeevan Mission was increased to Rs 60,000 crore for the year 2022-23. Jal Jeevan Mission was announced by Prime Minister Narendra Modi on August 15, 2019.

You may also like


Stay up to date on the latest trending news stories with our comprehensive coverage of current events, politics, tech, sports, entertainment, business, and more.



Contact us: [email protected]

Copyright © 2023 Trend News – All Right Reserved

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More