The Railway Budget 2024 brings a historic boost to Indian Railways with a record allocation of Rs 2.62 lakh crore. This landmark funding aims to transform the railway network across India, focusing on safety, modern infrastructure, and expanding services to even the most remote areas. From upgrading railway stations and doubling rail lines to adding new coaches, the budget outlines ambitious plans to enhance the travel experience and support economic growth. Let¡¯s explore the details of the Railway Budget 2024 and see how the funds are distributed across different states.
This historic amount represents a major increase in spending for the national transporter, which aims to improve passenger safety and railway infrastructure.
The Kavach Automatic Train Protection System (ATP) was implemented as part of the Railway Budget 2024, with a major focus on passenger safety. Besides this, there will be significant investment in infrastructure projects such as railway station redevelopment and network expansion to reach India's most distant locations.
The Union Budget 2024-25 also outlines plans to manufacture 2,500 additional general coaches during the current fiscal year. The detailed breakdown of the allocated funds includes:
On July 24, Railway Minister Ashwini Vaishnaw revealed the state-wise allocation details for the Railway Budget 2024. This allocation aims to support the modernization and upgrading of railway stations, electrification, doubling of rail lines, and other critical infrastructural improvements.
State | Allocation |
---|---|
Uttar Pradesh | Rs 19,849 crore |
Maharashtra | Rs 15,940 crore |
Madhya Pradesh | Rs 14,738 crore |
West Bengal | Rs 13,941 crore |
North Eastern States | Rs 10,376 crore |
Bihar | Rs 10,033 crore |
Odisha | Rs 10,586 crore |
Andhra Pradesh | Rs 9,151 crore |
Karnataka | Rs 7,559 crore |
Jharkhand | Rs 7,302 crore |
Chhattisgarh | Rs 6,922 crore |
Telangana | Rs 5,336 crore |
Gujarat | Rs 8,743 crore |
Punjab | Rs 5,147 crore |
Uttarakhand | Rs 5,131 crore |
Rajasthan | Rs 9,959 crore |
Kerala | Rs 3,011 crore |
Haryana | Rs 3,383 crore |
Delhi | Rs 2,582 crore |
Himachal Pradesh | Rs 2,698 crore |
Jammu and Kashmir | Rs 3,694 crore |
The Union Budget 2024 presents a robust framework for the Indian Railways, with a focus on safety, infrastructure, and expansion. The state-wise allocation reflects the government¡¯s commitment to enhancing the railway network across India, contributing to better connectivity and economic growth.
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