Budget 2022 Expectations: Expect higher outlays for Indian Railways for FY23; new ball trains, light trains

Budget 2022 expectations: ICICI direct expects a budget 2022 outlay of Rs 1.3 lakh cr for the Indian Railways, which is seen to be an increase of 22 percent year-on-year (YoY) compared to the expenditure for the financial year 2021- 22. The government had allocated Rs 110,055 for railways, of which Rs 107,100 was for construction costs

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