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South Central Railway gets Rs 13,786 cr in Union Budget

SCR on Friday said that it was sanctioned a sum of Rs 13,786.19 crore for year 2023-24 in the Union Budget as compared to Rs 8,349.75 crore for year 2022-23

PSU Watch Bureau

Hyderabad: South Central Railway (SCR) on Friday said that it was sanctioned a sum of Rs 13,786.19 crore for year 2023-24 as compared to Rs 8,349.75 crore for year 2022-23, which shows nearly 65 percent increase over last year's allocation in the Union Budget. A press release from the SCR said that Rs 3,374.44 crore was allotted for doubling, third line and bypass line works compared to Rs 1,531 crore last year.

Total budgetary grant is Rs 819 cr

For new lines, the total budgetary grant, including capital and safety fund (excluding deposit), is Rs 819 crore compared to Rs 285 crore last year. For electrification work, the budgetary grant is Rs 588 crore, the release said.

Budget allocation for infrastructural projects & safety works for AP & Telangana

Total budget allocation for infrastructural projects and safety works, falling fully or partly in Telangana in 2023-24 is Rs 4,418 crore as against Rs 3,048 crore in 2022-23 which is 45 percent more while the same is Rs 8,406 crore for Andhra Pradesh as compared to Rs 7,032 crore in 2022-23, which is 20 percent high.

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