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Union Budget 2019: Rs 64,587 crore support for railways in 2019-20, says Goyal

File photo. Photograph:( Zee News Network )

WION Web Team New Delhi, Delhi, India Feb 01, 2019, 12.29 PM (IST)

Finance Minister Piyush Goyal on Friday said the government has allocated Rs 64,587 crore for railways in the Interim Budget for 2019-20.

Presenting the Interim Budget in Parliament, Goyal said: "Indian Railways has experienced its safest year in history. We are introducing container cargo movement to the North East. 

"All unmanned level crossings on broad gauge network have been completely eliminated," he said. 

He said: "Capital support from Budget for railways is proposed at Rs 64,587 crore for railways in 2019-20.

"In fact, railways` overall capital expenditure programme is historic at Rs 1,58,658 crore."

Goyal also said that the operating ratio of railways will come down to 95 per cent in 2019-20 from 96.2 per cent in 2018-19.

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Goyal also said that the operating ratio of railways will come down to 95 per cent in 2019-20 from 96.2 per cent in 2018-19.