Railways plans Rs1.3 trillion capital expenditure in 2017-182 min read . Updated: 19 Jan 2017, 12:26 PM IST
Indian Railways is seeking more money despite being to able to spend only 54% of its planned capital expenditure during the current fiscal
New Delhi/Mumbai: Indian Railways is planning a capital expenditure (capex) of around Rs1.3 trillion for the financial year 2017-18, the highest-ever capital outlay and is expecting a gross budgetary support (GBS) of around Rs55,000 crore from the finance ministry.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more