Categories: News

Indian Railways drive robust growth in capex

Share this story
FacebookFacebookTwitterTwitterWhatsappWhatsappGmailGmail

Indian RailwaysIndian Railways
The Indian Railways have spent around Rs 1.13 trillion (46.6 per cent) of the capex target. (Photo credit: Pixabay)

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.


Share this story
CityBuzz Click Staff

Share
Published by
CityBuzz Click Staff

Recent Posts

Blinkit launches 10-minute ambulance service in Gurgaon

Representational Image. (Image by Alina Kuptsova from Pixabay) Gurgaon: Blinkit, the instant delivery platform, has…

4 months ago

Delhi police busts illegal immigration syndicate, 4 arrested

Representational Image. (Photo by Shubham Sharma on Unsplash) Delhi Police have dismantled a syndicate facilitating…

4 months ago

Mumbai ANC busts drug syndicate, seizes narcotics worth Rs 1.65 crore

Mumbai Police's Anti-Narcotics Cell (ANC) seized cocaine, mephedrone and codeine valued at Rs 1.65 crore…

4 months ago

OPSC invites applications for 151 Assistant Industries Officer posts: how to apply

Representational Image. (Photo credit: Pixabay) The Odisha Public Service Commission (OPSC) has invited applications for…

4 months ago

Mumbai police nab key suspect in Rs 1.91 crore jewellery robbery from Agripada

Representational Image. (Photo credit: Pixabay) Mumbai: In a major breakthrough, Mumbai Police have arrested Vinod…

4 months ago

Bhubaneswar sees spike in crime cases, Cuttack registers decline in 2024: police report

Representational Image. (Photo by seeetz on Unsplash) Crime cases in Odisha's capital city, Bhubaneswar, witnessed…

4 months ago