In 2019-20, the capital expenditure of Indian Railways( IR) increased 60 per cent over 2016-17....
The draft National Railways plan envisages a further increase in IR’s capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support.In 2016-17, while 11 per cent of its capital expenditure( capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent....
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2021-08-26 00:00:00.0