Telangana State allocated a whopping amount of Rs. 5,071 Cr for Railway Projects During 2024-25
Shri Ashwini Vaishnaw, Hon’ble Minister of Railways Briefs Media on Budget Highlights, 2024
The interim budget, which includes the allocations to Railways, was presented on the floor of the Parliament on 01st February, 2024. Shri Ashwini Vaishnaw, Hon’ble Minister of Railways, Communication and Electronic & Information Technology held a virtual press conference today i.e., 01st February, 2024 from New Delhi on Highlights of allocations pertaining to Telangana and Andhra Pradesh States. Shri Arun Kumar Jain, General Manager, South Central Railway along with other senior Railway officials participated in the press meet at Rail Nilayam, Secunderabad.
Shri Ashwini Vaishnaw, Hon’ble Minister stated that Indian Railways has been allocated Rs. 2,52,000 crore for the year 2024-25. He informed that the focus is on the Hon’ble Prime Minister’s vision of ‘Sabka Saath, Sabka Vikas’. He stated that efforts are being made to increase the capacity in Railways. As part of the same, 3 Major Economic Railway Corridors projects will be implemented and as a result 40,000 Kms of tracks will be laid in the next 6-8 years, he said.
Highlights of Railway Budget pertaining to Telangana State:
Shri Ashwini Vaishnaw informed that Telangana State has been sanctioned a whopping amount of Rs. 5,071 crores for the year 2024-25. There has been a consistent increase in the funds allocation to the Telangana in successive Budgets in recent times, he said.
The Hon’ble Minister stated that the total investment in Telangana is Rs. 31,221 crores. He informed that 142 Kms of track is being laid across Telangana State every year as compared to just 70 Kms per year during 2009-2014. In the last ten years, 414 RoBs & RuBs have been constructed, he said. He stated that 40 Railway stations in Telangana State are being redeveloped under the Amrit Bharat station scheme. The Hon’ble Minister informed that 45 One Station One Product stalls have been set up at Railway stations across the state to promote local products.