Railways Budget 2024: A Historic Allocation for Enhanced Safety Measures
2024 Budget Allocation
The Indian Railways has received a record allocation of over ₹2.65 lakh crore for the financial year 2024. This figure constitutes an increase of 5.85% from last year's allocation of ₹2.41 lakh crore.
Focus on Safety and Infrastructure
This significant budget hike will be directed towards enhancing safety measures and upgrading infrastructure across the rail network. The primary aims include:
- Modernization of existing rail services
- Implementation of advanced safety protocols
- Investment in new technologies and equipment
Conclusion
This 2024 budget allocation signifies a substantial commitment by the government to improve Railways safety, ensuring that travelers experience a more secure and efficient transport system.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.