Railways get record push in Budget 2026 with Rs 2.78 lakh crore allocation
The funds will be directed towards critical projects such as new rail lines, track doubling and electrification, station redevelopment, procurement of modern rolling stock, and safety upgrades. New Delhi: The Union Budget 2026 has allocated a record Rs 2.78 lakh crore for the Ministry of Railways, marking the highest-ever allocation for the sector. The increased outlay shows the Centreโs strategy of leveraging rail infrastructure to boost economic activity, enhance logistics efficiency and create large-scale employment. In the previous financial year (FY26), Indian Railways received a total allocation of Rs 2.55 lakh crore, including Rs 2.52 lakh crore towards capital expenditure.ย …