Budget 2020: Railway capex may rise 18% to all-time high of Rs 1.9 trn

A major concern for the finance department of the railways is the decline in internal resources

The Indian Railways is likely to see an 18 per cent increase in its capital expenditure (capex) for 2020-21, up from Rs 1.6 trillion lined up for the current financial year. “We expect it to be Rs 1.8-1.9 trillion in the upcoming Budget. For the next 10 years, the national transporter has set a goal of increasing the capex at a compound annual growth rate (CAGR) of around 18 per cent,” said a government official. 

The National Infrastructure Pipeline (NIP), recently unveiled by Finance Minister Nirmala Sitharaman, estimated the total capex in infrastructure sectors during 2020-25 at over Rs 102 trillion,