Finance Minister Nirmala Sitharaman Union is going to make a big announcement for the Railways in the budget. Their focus will be on high speed rail projects. The government will also focus on changing the appearance of railway stations under Amrit Bharat Scheme. The Finance Minister can announce Vande Bharat trains on several routes. Over the years, the government had insisted on improving railway infrastructure. This time the government will have more emphasis on improving passengers services.
Allocation of 2.62 lakh crores last year
Last year, the government had an allocation of Rs 2.62 lakh crore for the railways in the union budget. It is estimated that the government can increase the allocation for the railway by 15-18 per cent on 1 February. With this, the total allocation of the railway will cross Rs 3 lakh crore. A large part of this will be spent on modernizing the railways. The government wants to increase the number of high speed trains. This will take less time to travel.
Focus on completing dedicated freight corridor
Partner Nilanchal Mishra in the consultancy firm KPMG India said that in the union budget 2025, the government’s focus will be on changing the appearance of Indian Railways. The government is seeing the Railways not only as connectivity but as the driver of economic growth. Once the dedicated freight corridor is completed, the railway’s carrying capacity will increase. This will have the biggest impact on the financial health of the railway. Railway earnings will increase. With this, the railways will be able to use their resources for the development project. Currently, the railway has to depend on the allocation of the budget from the government for the development project.
Accidents will decrease due to the implementation of armor system
Experts say that the Railways has increased the focus on implementing the armor system on the entire network soon. The accidents will decrease after it is fully implemented. Accidents have a very negative effect on the railway. This reduces the focus of the railway on development projects. Experts say that the number of high speed trains like Vande Bharat in the operation will improve passenger experience.
Facilities like airplane will be available in trains
Railways want to provide facilities like airplanes to passengers for short distance travel. Railways believe that if it is successful in attracting premium travelers traveling by air, then it will increase its income. Vande Bharat sleeper coaches have been equipped with many modern facilities to increase passengers experience.