Gross revenue expenditure of Railways estimated at Rs 2.78 lakh crore

New Delhi, July 23 (UNI) In the Union Budget 2024-25, the gross revenue expenditure for Indian Railways has been estimated to be Rs 2,78,500 crore, which includes a capital outlay of Rs 2,65,200 crore.

Finance Minister Nirmala Sitharaman made these proposals in the Lok Sabha on Tuesday.

According to the document of grant demands, the net revenue expenditure of Railways for the current financial year has been kept at Rs 2,78,500 crore, while in the revised estimate for the year 2023-24, it was Rs 2,58,600 crore.

Reimbursement of losses on operating strategic lines has been put at Rs 2,648 crore in Budget Estimates 2024-25 as against Rs 2,491.84 crore in Revised Estimates 2023-24.

An amount of Rs 745 crore has been allocated in Budget 2024-25 for servicing market loans for national projects.

As per the Budget provisions, the total outlay of Rs 2,65,200 crore provided for capital expenditure in the General Budget 2024-25 includes Rs 2,52,000 crore from general revenue, Rs 200 crore from Nirbhaya Fund, Rs 3,000 crore from internal resources and Rs 10,000 crore from extra budgetary resources.

The capital expenditure in the year 2024-25 was Rs 2,40,000 crore.

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