Expenditure Of Rs 1,05,378 Crore Incurred On Rashtriya Rail Sanraksha Kosh in Last Five Years
Obsolete railway assets condemned and replaced with new technology on age-cum-condition basis
Replacement of railway assets viz. railway track, bridges, locomotives, wagons & signaling equipment is a continuous process, which is taken up on age-cum-condition basis under codal life provisions. Regular inspection of railway assets is carried out to ensure their fitness for service. Obsolete railway assets are condemned and replaced with new technology on age-cum-condition basis.
The actual expenditure on replacement/upgradation of assets over the last 5 years is given below:
(₹ in Crore) | |
Year | Amount |
2018-19 | 20407 |
2019-20 | 18557 |
2020-21 | 28529 |
2021-22 | 28517 |
2022-23 | 26855 |
Total | 122865 |
The total expenditure ₹1,22,865 crore is funded to the extent of ₹78,501 crore from Gross Budgetary Support and balance from Internal Generation and Extra Budgetary Resources on Ministry of Railways. The outlay for Budget Estimate (BE) 2023-24 is ₹29,325 crore.
Capital expenditure on replacement of track is captured under Plan head 31-Track Renewals, while expenditure on replacement of coaching stock is included in Plan head 21-Rolling Stock. The actual expenditure on these Plan heads, over the last five years is indicated in the following table:
(₹ In Crore)
Year | Track Renewals | Rolling Stock Programme |
2018-19 | 9690 | 1815 |
2019-20 | 9391 | 1178 |
2020-21 | 13523 | 3466 |
2021-22 | 16558 | 2870 |
2022-23 | 16325 | 2034 |
The outlay in BE 2023-24 is ₹17,297 crore for PH-31 Track Renewals and ₹2000 crore for PH-21 Rolling Stock.
Rashtriya Rail Sanraksha Kosh (RRSK) was introduced in 2017-18 for renewal/replacement/upgradation of critical safety assets with a corpus of ₹1 lakh crore for five year period. Currency of the Fund has been extended for another five year term from 2022-23 with Gross Budgetary Support (GBS) of ₹45000 crore.
In the last five years i.e. from 2018-19 to 2022-23, a gross expenditure of ₹1,05,378 crore has been incurred on RRSK works. This includes ₹65,000 crore from GBS and balance ₹40,378 crore from internal and extra budgetary resources by Ministry of Railways.
This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Rajya Sabha.