2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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31000
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32000
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33000
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34000
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Detailed explanation-1: -Budget allocation for railway ministry Overall, the government proposed to increase capital expenditure outlay by 33% to ₹10 lakh crore in 2023-24, which would be 3.3% of the GDP, said Ms. Sitharaman. “(This overall outlay) would be 3.3% of GDP, almost three times the outlay made in 2019-20.
Detailed explanation-2: -In 2023-24, Railways’ capital expenditure is targeted at Rs 2.6 lakh crore, an increase of 6% over the previous year ( Table 5 ). The share of capital expenditure in total expenditure of Railways has consistently increased in recent years, despite low revenue surplus ( Figure 11 ).
Detailed explanation-3: -The Indian Railways is set to get a capital expenditure push of Rs 2.92 lakh crore in the financial year 2023-24, 16.6 percent higher than the budgeted capital expenditure of Rs 2.45 lakh crore for the current financial year.