Railways Budget 2021 expectations: More funds for faster, greener and safer trains

​Indian Railways may never have a separate Budget …

But it’s just as important since it contributed $27.13 billion to the GDP in 2019.

​Experts believe strengthening Railways can drive economic recovery.

Indian Railways could boost India’s GDP by 1.5 percent if it can expand its infrastructure.

ICICI Direct pegs Railway Budget allocation at ₹1.79 lakh crore.

​Private trains will be the government’s top agenda, says a Brickwork report

The Budget could provide policy direction on private trains, and faster connectivity on new routes.

​The Union Budget 2021 might see more plans on bullet trains.

As per a ‘National Rail Plan 2024’ proposal, India is supposed to have 8,000 kms-long bullet train network by 2051.

​Railways is hoping for a massive addition to its safety funds

Railways sought a 50 percent increase in allocation for its safety fund—the Rashtriya Rail Sanraksha Kosh.

​Support for its ‘Green Railways’ initiative

The Railways set an ambitious target to become ‘Green Railways’ by 2030.

​Expansion of Kisan Rail routes across the country

More Kisan Rail routes with cold storage, to be provided to farmers at subsidized rates.

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