- The Union Budget 2026-27 announced seven high-speed rail corridors.
- Union Railway Minister Ashwini Vaishnaw welcomed the Union Budget 2026-27, calling it a roadmap for a developed India.
- A budgetary allocation of ₹2.78 lakh crore was announced for the railway sector.
- The budget allocated a total capital expenditure of ₹2.93 lakh crore for railways.
- ₹1.20 lakh crore was allocated for passenger services and rail safety.
- The development of seven high-speed rail corridors on major routes across the country was announced.
- These corridors include Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri.
- The total length of these corridors is estimated to be approximately 4,000 kilometers.
- These projects are expected to involve an investment of approximately ₹16 lakh crore.
Tags:
Economics
