Railways to get Rs 20,000 cr in supplementary grants as capital expenditure

The Railway Ministry will get Rs 20,000 crore under the Second Trance of Supplementary Demand for Grants, taking its total allocation on capital expenditure to Rs 2,35,058 crore for financial year 2021-22.

The total reworking of railway's budget though will be Rs 40,575.93 crore after the Supplementary Demand gets approved by Parliament. “The balance amount will be reappropriated from existing allocations with the Railways. So, Rs 20,000 crores will come under approval from parliament and balance Rs 20,575.93 crores by reappropriating from existing grants,” said Rail Budget expert, M Nageshwara Rao. The reappropriation of existing funds is an indication of