The government has planned a capital expenditure outlay of Rs 131,000 crore for railway safety in 2017-18, of which it spent Rs 50,762 crore till August 31, Finance Secretary Ashok Lavasa told reporters after a Union Cabinet meeting.
The government in its Budget this year announced a special safety fund of Rs 1.31 lakh crore for Indian Railways.
Lavasa said the pace of laying new railway tracks had been hastened from 380 km in 2014-15 to 953 km in 2016-17.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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