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India to spend $10.95 billion on railways in 2014/2015

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Reuters NEW DELHI

NEW DELHI (Reuters) - India plans to spend 654.5 billion rupees ($10.95 billion) on its railways in 2014/2015, the government said in its railway budget on Tuesday.

The government also expects total investment in railways through public-private partnerships to total 60.05 billion rupees in the current financial year that ends in March 2015.

($1 = 59.7500 rupees)

(Reporting by Manoj Kumar; writing by Tommy Wilkes; editing by Malini Menon)

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First Published: Jul 08 2014 | 1:35 PM IST

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