Railways has now highest ever total Plan capex. This means it proposes a huge allotment of Rs. 2,15,058 Crores this year with Rs. 7,500 Crores from internal resources, Rs. 1,00,258 Crores from extra budgetary resources and Rs. 1,07,100 Crores coming from capital expenditure allocation given in the General Budget.
In BE 2020-21, the total capex was Rs. 161042 Crores. The Capex in BE 2021-22 is Rs.54,016 Crores (33%) higher than BE 2020-21.
Funds allocated will go to boost Atma Nirbhar Bharat Mission and utilized towards completion of vital infrastructure projects, capacity building passengers amenities and safety enhancement.
Western Dedicated Freight Corridor (DFC) and Eastern DFC expected to be commissioned by June 2022. Future DFC projects namely East Coast Corridor, East-West Corridor and North-South Corridor to be undertaken as well.
Introduction of more Vista dome LHB coaches on tourist routes.
Indigenously developed automatic train protection system for high density network and highly utilized networks.
The Gross Budgetary allocation is Rs. 37,050 cr (53%) higher than BE 2020-21. Inspite of the covid, this is remarkable vindication of the progress being made being undertaken Infrastructure projects in Indian Railways.
With this increase in Capex, Indian Railways will be the driver of Indian economy. The thrust of Annual Plan 2021-22 is on infrastructure development, throughput enhancement, development of terminal facilities, augmentation of speed of trains, signaling systems, improvement of passengers/users’ amenities, safety works of road over/under bridges etc.
The following plan heads have been allotted highest ever outlays in BE 2021-22 –
(₹in cr)
Planhead
BE 2020-21
BE 2021-22
Increase over BE 2020-21
New Lines
26971
40932
52%
Doubling
21545
26116
21%
Traffic Facilities
2058
5263
156%
ROB/RUBs
6204
7122
15%
National Projects of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern region have been allocated highest ever outlay of Rs 12,985 cr. in BE 21-22 against the RE 20-21 of Rs 7535 cr i.e. increase of 72%..Rs.37,270 cr of GBS allocated for investment in PSU/JV/SPVs, with allocation for DFCCIL of Rs. 16,086 cr, NHSRCL of Rs. 14,000 cr and KMRCL of Rs. 900 cr.
Source wise details of BE 2021-22 compared with BE 2020-21 is shown in the following table –
(₹in cr)
Source
BE
2020-21
BE
2021-22
Gross Budgetary Support
70250
107300
Internal Resources
7500
7500
Extra Budgetary Resources
83292
100258
Total Capex
161042
215058
Intense monitoring, better management and engagement with all the stake holders is ensuring that work is going on at unprecedented speed at the project sites now.
Some projects will be commissioned by March 2021 are Redevelopment of Gandhinagar & Habibganj stations, Ahmedabad - Botad Gauge Conversion (170 km), Pilibhit – Shahjahanpur Gauge Conversion (83 km), Utretia – Raebarelli Doubling (66 km), Ghazipur-Aunihar Doubling (40 km), Ajmer – Bengurgram Doubling ( 47 km), and Nirmali – Sairagarh New Line including Kosi bridge (22 km). Key Railway Electrification projects that are also expected to be completed by March 2021 include: Mumbai - Abu Road, Mumbai – Ratnagiri,Howrah-New Cooch Behar section via Malda, Connectivity to Pipava Port , Ratlam/Mathura-Jaipur and Pune – Satara, Sonipat –Jind.
ai - Abu Road, Mumbai – Ratnagiri,Howrah-New Cooch Behar section via Malda, Connectivity to Pipava Port , Ratlam/Mathura-Jaipur and Pune – Satara, Sonipat –Jind.
Last Financial year Indian Railways faced unprecedented Covid related challenges. Passenger services had to be stopped to prevent the spread of the virus. Indian Railways, however, kept the national supply
Last Financial year Indian Railways faced unprecedented Covid related challenges. Passenger services had to be stopped to prevent the spread of the virus. Indian Railways, however, kept the national supply line open.