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Economy News

The Economic Times

Economy / The Economic Times

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Railways uses 30% of capex budget in April-May

Indian Railways has impressively achieved nearly a third of its annual capital expenditure target in the first quarter, with over Rs 84,000 crore spent in just two months. This robust spending, part of a Rs 2.81 lakh crore budget for 2026-27, prioritizes safety upgrades and significant track development, including new lines and gauge conversions.

23 Jun 2026 12:17 am