Railways to get Rs 20,000 crore in supplementary demand for grants

The Ministry of Railways will get Rs 20,000 crore under the second tranche of the supplementary demand for grants.

This will take the allocation for the railways’ capital expenditure to more than Rs 2.35 trillion in 2021-22.

After Parliament approves the supplementary demand, the railways’ budget will go up by Rs 40,575.93 crore.

“The balance will be re-appropriated from the existing allocations with the railways. So, Rs 20,000 crore will come under approval from Parliament and the rest by re-appropriating from existing grants,” said Rail Budget expert M Nageshwara Rao. The re-appropriation of the existing funds is an indication of the reworked priorities