A security force personnel stands guard as India's high-speed train "Vande Bharat Express" arrives at Srinagar railway station after India's Prime Minister Narendra Modi flagged off the train services from the Shri Mata Vaishno Devi (SMVD) railway station in Jammu's Katra to Srinagar, June 6, 2025. REUTERS/Sharafat Ali
Budget
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CNBC TV1801-02-2026, 14:35

Indian Railways Secures Record ₹2.93 Lakh Crore Capex in Budget 2026

  • Indian Railways received a record capital expenditure (capex) allocation of ₹2.93 lakh crore in Budget 2026-27, an increase from ₹2.78 lakh crore last year.
  • Union Finance Minister Nirmala Sitharaman announced the highest-ever allocation for the railway ministry on February 1.
  • Significant increases were seen in allocations for new lines (₹36,721.55 crore), doubling of tracks (₹37,750 crore), and rolling stock (₹52,108.73 crore).
  • Funds for signalling and telecom rose to ₹7,500 crore, electrification to ₹5,000 crore, and road safety works received ₹800 crore for level crossings and ₹8,225 crore for road over/under bridges.
  • Customer amenities are budgeted at ₹11,971.82 crore, with staff welfare and human resource development also seeing allocations.

Why It Matters: Indian Railways received its highest-ever budget allocation, ₹2.93 lakh crore, for significant infrastructure upgrades.

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