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    Budget 2019: Centre allocates Rs 64.5k crore for Railways

    Finance Minister Piyush Goyal on Friday presented the Budget for fiscal 2019-20 and highlighted various achievements and welfare measures undertaken by the Modi government during last four-and-half years and said "India is solidly back on track".

    Budget 2019: Centre allocates Rs 64.5k crore for Railways
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    New Delhi

    Giving a massive hike of 17.24% for railways, Finance Minister Piyush Goyal on Friday announced the allocation for railways' capital expenditure at Rs 1.58 lakh crore under the interim budget of 2019-20.

    The expenditure amount was up from Rs 1.46 lakh crore set aside during the union budget of 2018-19.

    "Budgetary allocation for railways has been increased to Rs 64,587 crore," Piyush  Goyal, interim finance minister said. The amount was Rs 55,088 crore in 2018-19.

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