Railways has proposed that its capex budget be enhanced from this year’s Rs 1.6 lakh crore to over Rs 1.8 lakh crore, higher than the business-as-usual growth of around 10 per cent.
ThinkStock PhotosRoads and railways are the two biggest elements of the government’s Rs 180 lakh crore infrastructure pipeline with the former accounting for over a third of the over 7,400 projects.