Government will focus on railways in the Union Budget 2023 Finance Minister Nirmala Sitharaman may allocate Rs 1.8 lakh crore


Photo:PTI Union Finance Minister Nirmala Sitharaman with Ministers of State for Finance Bhagwat Kishanrao Karad and Pankaj Chowdhary

Union Finance Minister Nirmala Sitharaman will present the budget in the Lok Sabha on Wednesday at 11 am. As Finance Minister Nirmala Sitharaman will present her 5th and last full budget of Modi government 2.0. During this, everyone will keep an eye on how much amount is given by the Finance Minister for which sector. This time many important announcements related to railways can be made in the budget. It is expected that the Finance Minister can allocate Rs 1.8 lakh crore to the Ministry of Railways in this budget. Let us tell you that in the last budget, the Ministry of Railways got a budget of 1.4 lakh crores.

There will be a lot of focus on completing the incomplete projects

This time, emphasis will be laid on strengthening the infrastructure of railways in the budget. Along with this, there will be emphasis on Make in India high speed trains and completion of incomplete projects. It is believed that in the Union Budget 2023-24, the entire focus of the Modi government will be on projects related to railways and bringing high speed trains back on track as soon as possible. Vande Bharat trains are being manufactured under this project. The Modi government is working on increasing the railway budget by 20 to 25 percent to strengthen the infrastructure of the entire railway system.

There may be an increase in the number of Vande Bharat trains

If sources in the Ministry of Railways are to be believed, this time the government is focusing its full attention on laying new tracks and increasing the number of semi-high-speed Vande Bharat trains. Along with this, the railways have to face maximum problems during the winter season. To deal with this, the government will focus on technology and emphasize on new technology, for which a separate arrangement can be made in the budget. Along with this, an announcement can also be made to replace the old coaches of all express and mail trains with Indian-made and German-developed LHB coaches.

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