The ministry of railways is going full steam ahead with its plans to redevelop and modernise nearly 1,300 railway stations under the Amrit Bharat scheme, and will earmark Rs 13,000 crore from its FY24 capex outlay for this project, up 240 per cent year-on-year.

Indian Railways is set to introduce uniform signages at all stations across the country, ensuring a consistent and easy-to-understand system for passengers.

Anticipating increased demand for power in the coming summer, Indian Railways has created a roadmap to use nearly 600 freight trains per day only to transport coal to thermal power projects by June

The Railways is planning to create a cement corridor to link factories manufacturing cement, clinker and fly ash for the seamless movement of these products. The Railways is in talks with the Cement Manufacturing Association (CMA) to create a road map to link cement manufacturing factories in the eastern, central, Rajasthan and southern clusters.

Indian Railways has taken the initiative to modernise its infrastructure across the country and in line with this step, the transformation of major railway stations has already started. In order to put the railway stations in India on the map of world-class stations, the Indian Railways is leaving no stone unturned in upgrading the place.

Indian Railways got a capital outlay of Rs 2.40 lakh crore from the 2023budget. This is the highest ever capital outlay for railways till date and is 9 times the outlay provided to railways in 2013-14. Railway Budget is expected to focus on new Vande Bharat trains as part of the Budget announcements.

Ashwini Vaishnaw, Railway Minister, announced that India will get its first hydrogen train by December 2023 which will be completely indigenously manufactured. It will initially be run on heritage circuits like Kalka-Shimla

The railways ministry has plans to acquire new rolling stock worth over Rs 3.14 trillion in the upcoming financial year, according to the national transporter’s annual rolling stock programme for 2023-24 (FY24).

Capital goods major Siemens has signed a Rs 26,000-crore contract to manufacture 1,200 electric freight locomotives for the Indian Railways. The contract is the single biggest order for Siemens and will be used for freight transport.