Railways Ministry Utilises 76% of FY25 Capex by December

According to Indian Railways estimates, the Ministry of Railways had utilised 76% of its allocated capital expenditure (capex) for the financial year 2024-25 (FY25) by December 2024. The total expenditure as of January 5, 2025, amounts to ₹2.02 trillion out of the ₹2.65 trillion budgeted for the year.

Breakdown of Expenditures

• Gross Budgetary Support: ₹1.91 trillion
• External Resources: ₹824 crore
• Extra-Budgetary Resources (PPP): ₹8,733 crore

This marks an increase of ₹4,975 crore in expenditure compared to the same period last year. The Ministry had spent 75% of its budgeted capex by December 2023, and this year’s performance shows a slight improvement.

Expenditure on Key Areas

• Capacity Augmentation: ₹81,713 crore spent (68% of the allocated ₹1.2 trillion) for new lines, doubling, and expansion projects.
• Safety-related Works: ₹28,300 crore (82% of the allocated ₹34,414 crore) spent on safety initiatives like level crossings, track renewals, and signaling upgrades.
• Rolling Stock: ₹40,354 crore spent (79% of the allocated ₹50,903 crore) on trains and other rolling stock.

Customer Amenities

The expenditure on customer-related infrastructure stands at ₹8,238 crore, which is only 50% of the allocated ₹16,476 crore. The Ministry will need to spend 46% of the remaining amount in the last 3 months of the financial year to meet its target.

In recent years, the Ministry of Railways has adopted measures to accelerate spending, particularly through front-loading, to ensure better absorption of the allocated capex.

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