Highest ever Capex Utilization during 1st April, 2023 to 31st August, 2023
Kolkata, 13th September, 2023:
Indian Railways has witnessed approx. 46.6% Capital expenditure utilization (Highest ever) in the first five months of this Financial Year till August 2023. Railways leads the Capex push during this period, whereas Highways is in the second position with an expenditure of 46.4%.
The Railway Board, excluding the Dedicated Freight Corridor Corporation of India and Kolkata Metro Rail Corporation, has spent around Rs. 1.13 trillion (46.6 per cent) of the Capex target of approximately Rs. 2.44 trillion. This investment is seen in varioussafety and infrastructure projects like New Lines, Doubling, Gauge Conversion and enhancing passenger amenities.
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