Budget 2021 Highlights: Finance Minister Nirmala Sitharaman gave a lot of preference to the Railways this time. Even the budget of railways is more than health and education. Rs 1 lakh 10055 crore was allocated to the Railways, while Health received 73 thousand 932 crore and Education received 93 thousand 224 crore.
Finance Minister Nirmala Sitharaman gave a lot of preference to Railways this time. Even the budget of railways is more than health and education. Rs 1 lakh 10055 crore was allocated to the Railways, while Health received 73 thousand 932 crore and Education received 93 thousand 224 crore. If anyone got more money from the railway, he remained the Transport and Agriculture Ministry. Transport received 1 lakh 18 thousand crore and agriculture got 1 lakh 31 thousand crore.
During the last financial year, Corona was the worst wreck on the rail. However, before the budget, the Ministry of Railways had laid a budget of about 1.80 lakh crores for the financial year 2021 before the Finance Ministry. Finance ministry officials then cited the inability to complete it, citing Corona. But still the railway has been given a lot of priority in this budget. While 54 thousand crore rupees were given to the housing scheme, the Railways got double the money from it.
Indian Railways is known as Asia’s largest railway network. It is the second largest network in the world. 115,000 km of tracks have been built for the railways in the country. The total length of rail tracks in India is more than 64 thousand kilometers. The special thing is that New Delhi railway station has got a place in Guinness Books for the world’s largest route relay interlocking system. The computerization of the railway was started in July 1986.
Significantly, the Modi government has made significant changes in many traditions related to the budget. Earlier, the railway budget used to be separate and before the general budget, but in the year 2017, the Modi government made a significant change in the date of presenting the budget, on 1 February. Before that the General Budget was presented on the last working day of February (28 or 29 February).