Railways' budgetary support may be up 12%

From the next financial year, the railways will not have to pay any dividend

Following the merger of the railway Budget with the general Budget, the central government’s allocation for the railways’ capital investment will exceed the current year's budgetary support amount of Rs 45,000 crore. 

“The Railways is set to place its demand for more capital allotment to the finance ministry within a few days and it is likely to be more than Rs 55,000 crore,” said an official close to the development. 

Sources involved in the budget-making process said the outlay for the railways, including revenue and capital expenditure, was likely to increase.

Officials said with the merger of the two Budgets,