Centre spends 85% of FY24 capex target at ₹8.05 lakh cr till Feb
The ministry of road transport and highways and railway ministry have done the bulk of the expenditure given the higher allocation made to them.
railway ministry
May 2024
December 2023
November 2023
March 2023
February 2023
April 2022
February 2022
December 2021
Texmaco Rail shares surge 6% on bagging ₹1,374 cr order from railway ministry
The share price of the company opened higher at ₹164.05, up 0.36% as against the previous closing price of ₹163.45.
Road accidents up 12% to 4.6 lakh in 2022; deaths surge to 1.68 lakh
Road ministry says overspeeding is found to be a major killer, accounting for 71.2% of persons killed, followed by driving on the wrong side (5.4%)
Historic allocation to Rly will boost productivity of Indian economy: Ashwini Vaishnaw
Unlike previous years, the railway ministry got a higher jump in annual outlay for infrastructure upgrade.
Budget 2023: Rly, Highway lead capex charge, bag ₹4,98,605 cr outlay
The capital allocation to the highway ministry for 2023-24 stands at ₹2,58,605 crore.
Railways, highways deployed 82% of FY22 capex till Feb
Railway and highway ministries have incurred capital expenditure of ₹1,94,768 crore till February, against total allocation of ₹2,38,350 crore for FY22.
Indian Railways lines up ₹30,000 crore mega wagon procurement plan
The railway ministry is expected to soon float tenders for the procurement of the freight wagons.
Budget 2022: Five railways-related stocks to focus ahead of Budget 2022
The rail stocks likely to be in focus today include IRCTC, Titagarh Wagons, Texmaco Rail and Engineering, BEML, and Siemens.
CAG to Railways: FY20 accounts faulty, surplus is actually loss
References pertain to fiscal 2019-20 when current commerce minister Piyush Goyal was also the railways minister.
Record infra spend by Indian Railways; capex up 64%
In capex utilisation to budgetary allocation, railway ministry logged a 56% achievement in April-October FY22, against 52% in the year-ago period.
