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Indian Railways gives priority to passenger safety, invests 54 per cent more funds on it





In a move to prioritize the safety of passengers, Indian railways in the last five months has made approximately 54 per cent more fund utilisation compared to last year's corresponding period.

According to the railways ministry, besides safety, it has also made considerable fund utilisation in various infrastructure projects, such as new lines, doubling, gauge conversion and enhancing passenger amenities, between April 1 and August 31.

"Indian Railways has witnessed approximately 48 per cent capital expenditure utilisation (highest ever) in the first five months of this financial year till August 2023," according to a press statement issued by the Ministry of Railway.
 

Read more at:
https://economictimes.indiatimes.com/industry/transportation/railways/indian-railway-gives-priority-to-passenger-safety-invests-54-per-cent-more-funds-on-it/articleshow/103318328.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

110 Soi Nakniwat 6, Nakniwat Road, LatPhrao, LatPhrao, Bangkok 10230
+662-539-9559 , +665-982-4852 (Hot Line)