As per the estimates of Union Budget 2019-20, how much investment is needed in Railway Infrastructure during 2018-2030?
Show answer & explanation
Correct answer: D
Explanation
The correct option is option 4 i.e. ₹50 lakh crore.
| Union Budget | It is estimated that Railway Infrastructure would need an investment of ₹50 lakh crore between 2018-2030. |
| Given that the capital expenditure outlays of Railways are around ₹1.5 to ₹1.6 lakh crores per annum, completing even all sanctioned projects would take decades. | |
| Railways’ revenue for 2019-20 is estimated at Rs 2,16,935 crore which is a 10% increase from the revised estimates of 2018-19. |