Indian Railways drive robust growth in capex

The Capital Expenditure (CAPEX) of various ministries including public sector undertakings with an annual capex target of Rs 100 crore and above has reached around 42.5 per cent of their annual target in this financial year.

The Indian Railways have spent around Rs 1.13 trillion (46.6 per cent) of the capex target of approximately Rs 2.44 trillion.

Meanwhile, in the current fiscal, East Coast Railway (ECoR) has spent around Rs 5,611 crore as against the corresponding period of last fiscal of Rs 2,755 crore. The capital expenditure of the current fiscal registered by ECoR, till date is 46.51 per cent of the budgetary grant.