Question
According to Budget 2023, how much capital has been allocated to the Indian railway?
Solution
The Union Budget 2023-24 includes a capital spending of Rs 2.4 lakh crore for Indian Railways. This is the largest allocation ever made to the national transporter, and it follows the pattern set last year, with a total budgetary assistance of Rs 1.37 lakh crore in fiscal 2022-23. The funds will be used for railway lines, electrification, and station improvements, among other things.
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