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Over Rs 50,000 crore spent on rail safety till August 31: Ashok Lavasa

The govt in its Budget this year announced special safety fund of Rs 1.31 lakh crore for Indian Railways

IANS  |  New Delhi 

Over Rs 50,000 crore spent on rail safety till August 31: Ashok Lavasa

The government on Tuesday said it has spent over Rs 50,000 crore out of a total outlay of Rs 1.31 lakh crore on in this fiscal.

The government has planned a capital expenditure outlay of Rs 131,000 crore for railway safety in 2017-18, of which it spent Rs 50,762 crore till August 31, Finance Secretary told reporters after a Union meeting.

The government in its Budget this year announced a special safety fund of Rs 1.31 lakh crore for Indian Railways.

Lavasa said the pace of laying new railway tracks had been hastened from 380 km in 2014-15 to 953 km in 2016-17.

First Published: Tue, October 24 2017. 20:15 IST
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