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Indian Railways receives boost from govt to finance strategic projects

Read more about Indian Railways receives boost from govt to finance strategic projects on Business Standard. The railways had already used 80 per cent of its budgetary support by mid-March

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Indian Railways receives boost from govt to finance strategic projects

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  1. Indian Railways receives boost from govt to finance strategic projects The railways had already used 80 per cent of its budgetary support by mid- March Economy & Policy: Finance, as it consented to pay the vital and enthusiasm for Rs 5,000 crore that it raised through Extra-Budgetary Resources (EBR) to fund key railroad extends in 2018-19. The Indian Railways got a breather from the Ministry of Undertakings in Jammu and Kashmir and the Northeast or formative ventures that outcome in more prominent combination of these locales with the remainder of India

  2. are viewed as key. Authorities affirmed that this will be a one-time course of action to back key undertakings and Rs 5,000 crore might be decreased from the reconsidered budgetary help of Rs 53,060 crore for 2018-19. The railroads had officially utilized 80 percent of its budgetary help by mid-March. In the amended gauge for 2018-19, the capital consumption was Rs 1.39 trillion, involving Rs 53,060 crore from Budgetary Support, Rs 6,500 crore from Internal Resources and Rs 79,297.52 crore from Extra Budgetary Resources.Read More Business Standard

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