Indian Railways is
embarking on a transformative journey, with an investment of ₹17.4 lakh crore
from 2016 to 2025, as detailed in a Crisil report. This ambitious plan focuses
on high-speed rail projects and extensive electrification, aiming to strengthen
the railway network as a key driver of economic growth. With a compound annual
growth rate (CAGR) of 12% in capital expenditure, the initiative seeks to
enhance operational efficiency and safety through the implementation of the
Kavach system. Recent approvals for eight new railway lines are expected to
create over 4.42 crore man-days of employment, reinforcing the railways' vital
role in India's quest to become a high-income economy.
Indian Railways on Track for a ₹17.4 Lakh Crore Revamp by 2025
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