Budget 2018: Concerned about safety, govt gives Railways Rs 730 bn

In a signal that the Railways will have to depend on its own earnings to fund its expansion, Finance Minister Arun Jaitley cut the budgetary support for the national transporter for the current year by Rs 150 billion. He has provided Rs 531 billion for the next year, which means he is giving about Rs 20 billion lower than what he had provisioned for the current year in the February 2017 Budget.

The current year’s capital expenditure has been cut by Rs 110 billion. The government, however, has drawn up a capital expenditure plan of Rs 1.48 trillion for 2018-19,